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Navy does it again!

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sonicchris8
Regular Contributor

Navy does it again!

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
Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Navy does it again!

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

Message 2 of 5
sonicchris8
Regular Contributor

Re: Navy does it again!

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
Message 3 of 5
Anonymous
Not applicable

Re: Navy does it again!

Awesome! Thank you :-)

Message 4 of 5
Anonymous
Not applicable

Re: Navy does it again!

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.

Message 5 of 5
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