NFCU compared to USAA

[desie25]

I was wondering who would be better to get a loan with or are they pretty much the same? Is NFCU easier?

[Revelate]

---

@desie25 wrote:

I was wondering who would be better to get a loan with or are they pretty much the same? Is NFCU easier?

---

Historically I believe NFCU has been better; however, USAA is really pushing auto loans right now.  

When shopping for auto loans, it's in your best interest to try multiple sites since auto inquires all get rolled up within a one month period under FICO'04 (2 weeks in '98, 45 days in '08).  

Personally I'd do both.

[desie25]

Thank you

[boomhower]

Yep, try them both.  I'd also let the dealer give it a shot as well, they have access to lenders and loan programs you do not. 

[Dustink]

Also, keep in mind USAA is offering up to 1% for using their car buying service.

[tryingforgoals]

I applied for USAA and NFCU. NFCU approved my $15500 @4.9% and USAA only Approved $12000. Surprising because they denied me at first.

[desie25]

I am going to try to get a car in a couple of months and may see about NFCU congrats on the approval