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DCU Refi question?

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Ragelog
Established Contributor

DCU Refi question?

To anyone that has had a DCU refinance how long did it take until your old lienholder received the check from DCU?

 

I was fully approved on Tuesday and I am curious when it will show zero with them. I was shocked at the rate I was approved for so call it a little seeing is believing although at this point I am certain the refianance is done.

EQ04 675, EQ08 676, EX08 719, TU08 703 $12704.75/$123050 Revolving Credit (All 0% or 1.99%) - In Garden Since 5/25/2016

Last negative item should fall off in July 2017.
Message 1 of 6
5 REPLIES 5
Ragelog
Established Contributor

Re: DCU Refi question?

For anyone curious my old loan was paid off 8/14/2014 I just called to confirm today when I tried to login to my old lenders website with no success they said once a loan is paid off they close the account and confirmed the amount of payment etc.

 

Everything is Awesome!

EQ04 675, EQ08 676, EX08 719, TU08 703 $12704.75/$123050 Revolving Credit (All 0% or 1.99%) - In Garden Since 5/25/2016

Last negative item should fall off in July 2017.
Message 2 of 6
Remember0
Valued Contributor

Re: DCU Refi question?

Congrats, glad it worked out for you! What rate did they give you?

Message 3 of 6
09Lexie
Moderator Emerita

Re: DCU Refi question?

It took two business days for Chase  to receive the wire from DCU.

Message 4 of 6
Ragelog
Established Contributor

Re: DCU Refi question?


@Remember0 wrote:

Congrats, glad it worked out for you! What rate did they give you?


1.49% for 48 months. So I went from paying roughly $250 a month in interest to a loan that will have a total of $588 in interest over 4 years.

EQ04 675, EQ08 676, EX08 719, TU08 703 $12704.75/$123050 Revolving Credit (All 0% or 1.99%) - In Garden Since 5/25/2016

Last negative item should fall off in July 2017.
Message 5 of 6
knoregs
Established Contributor

Re: DCU Refi question?

Very nice!

~kn

EQ: 700 (FICO ScoreWatch) 11/26/14
EX: ??? (No Current)
TU: 681 (Discover FICO) 11/12/14

Last App 9/22/14... In Garden 'till Summer '15
Message 6 of 6
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