Navy does it again!

sonicchris8 · ‎05-30-2017

My brother got in with Navy a few weeks after I did. He apped for the Cash Rewards and was approved with a 1700SL. I talked to him about refinancing his car with Navy. He had a 12.9 apr with Chase. Navy approved him to refi with a 4.74apr saving him almost $200.00 a month and $6K in total interest. I'm happy to be sharing with my little brother what I'm learning from MyFico. Thanks

Starting scores: 538 EQ, 552 TU, 520 EX Current scores (11/18/20): 640 EQ 638 TU 654 EX

Anonymous · ‎05-30-2017

Hey tell your brother congrats. Thats a huge savings. May I ask what his scores were at the time he applied for the refi?

sonicchris8 · ‎05-30-2017

He's at about a 650-660 on all three.

Starting scores: 538 EQ, 552 TU, 520 EX Current scores (11/18/20): 640 EQ 638 TU 654 EX

Anonymous · ‎05-30-2017

Awesome! Thank you :-)

Anonymous · ‎05-30-2017

Awesome result, NFCU is a great gift for those who served and their families. I am very happy to be a member. Had a similar car refinance situation to his.