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Gambled and it paid off - thanks PenFed!!

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madmann26
Valued Contributor

Gambled and it paid off - thanks PenFed!!

I've had my new to me truck for almost 3 weeks.

 

Sun night/early Monday the installment account hit my EQ file so I decided to see what PenFed would offer.

 

I filled out the app and it came back approved at 6.8% and I shaved 6 months off the term.

 

For those of you that remember my previous  thread, I like working on my stuff and maintaining it, so I don't mind turning wrenches.

Current FICO 9 Scores



Message 1 of 8
7 REPLIES 7
LakeLife
Established Contributor

Re: Gambled and it paid off - thanks PenFed!!

Congrats!  PenFed is great.  I need to get back in with them.  We want to buy a boat soon, and I am thinking about shopping them for rates.  My very first car loan with with them in 1985!  




Message 2 of 8
babygirl1256
Senior Contributor

Re: Gambled and it paid off - thanks PenFed!!

Congrats on the PenFed approval.

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 3 of 8
Shooting-For-800
Senior Contributor

Re: Gambled and it paid off - thanks PenFed!!

Congrats!

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!



Message 4 of 8
MySunrise271
Established Contributor

Re: Gambled and it paid off - thanks PenFed!!

Congratulations on your Auto loan🎉🎉🎉

Message 5 of 8
CCrew
Regular Contributor

Re: Gambled and it paid off - thanks PenFed!!

When they're good, they're very good. When they're bad they're a nightmare. 

 

Paid off an auto loan with them, FedExed a check for $48,350. Have the Fedex tracking as proof, a copy of the check, the name and signature of the person that signed for it. 

Getting ready to hit the 30 day late mark... and they still can't locate the check. I am NOT impressed. 

Message 6 of 8
madmann26
Valued Contributor

Re: Gambled and it paid off - thanks PenFed!!


@CCrew wrote:

When they're good, they're very good. When they're bad they're a nightmare. 

 

Paid off an auto loan with them, FedExed a check for $48,350. Have the Fedex tracking as proof, a copy of the check, the name and signature of the person that signed for it. 

Getting ready to hit the 30 day late mark... and they still can't locate the check. I am NOT impressed. 


That's awful but you've covered you butt so it's really on them at this point.

Current FICO 9 Scores



Message 7 of 8
madmann26
Valued Contributor

Re: Gambled and it paid off - thanks PenFed!!

I got the payoff check in the mail today. I'll write a personal check for the difference and mail it out tomorrow via UPS.

Current FICO 9 Scores



Message 8 of 8
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