App'd for car refinance with Henrico Federal. Had one prior personal loan that was paid off very early. Pulled Fico 2 743. Received 1.74% @ 66 months. Did not want to extend term. Previous rate was 2.49% at previous credit union.
WOW-ZERS! I wonder if they will consider changing their name to Rate Reducer's FCU.
That is an awesome rate for a 66 month term!
Congratulations 👏 👏 👏!
@Harvey26
This refinance is considerably below Henrico FCU advertised rate. Could you provide further DPs and details about your experience and or HFCU.
I did notice on their website a mention of additional discounts to members - ¹ Actual rate will vary depending on applicant’s credit ratings and length of loan term. Members in a relationship pricing group qualify for a 0.25% APR discount. https://henricofcu.org/loans/loan-rates/
This refinance is considerably below Henrico FCU advertised rate. Could you provide further DPs and details about your experience and or HFCU.
I did notice on their website a mention of additional discounts to members - ¹ Actual rate will vary depending on applicant’s credit ratings and length of loan term. Members in a relationship pricing group qualify for a 0.25% APR discount. https://henricofcu.org/loans/loan-rates/
@Credit4Growth Sorry I forgot to include they are doing a beat your rate promotion. Up to 1%. 1.74% was the lowest they would go so I technically did not recieve the full 1%.
@Harvey26 wrote:@Credit4Growth Sorry I forgot to include they are doing a beat your rate promotion. Up to 1%. 1.74% was the lowest they would go so I technically did not recieve the full 1%.
That is an awesome promo by any means! I will search to see when this promo ends, my cousin is still looking to refi his auto.
Thanks!