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On Marty playing chicken with a CU on a new car loan.

marty56
Super Contributor

On Marty playing chicken with a CU on a new car loan.

I was very nervious about going for a new car loan bing out of DMP since November and having a major derog on my CR.  I was approved by Security Service FCU for a new Lancer for 60 months at 5.4 which is their best posted rate.  I should have left it aloan but I asked if I could keep my old account number.  My idea was that the iNQs didnt lower my score so I thought if the account number stayed the same, I wouldn't see a score drop for the new account.
 
I know, I know it was a stupid thing to try.  They of course said I would be getting a new account number.
 
I guess I almost made the FICO Darwin awards list, or as Dave Ramsey says paying my stupid tax.


Message Edited by marty56 on 06-16-2008 06:45 AM
1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 1 of 5
4 REPLIES 4
debtisgood
Valued Contributor

Re: On Marty playing chicken with a CU on a new car loan.

It almost never hurts to ask - and if you ask without being embarrassed and some confidence, occassionally it will actually pay off!
Message 2 of 5
marty56
Super Contributor

Re: On Marty playing chicken with a CU on a new car loan.

Yes you never get anywhere in this world without trying.
1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 3 of 5
islandchild82
Frequent Contributor

Re: On Marty playing chicken with a CU on a new car loan.

Congrats on the new car, Marty! That's an awesome interest rate!
Message 4 of 5
marty56
Super Contributor

Re: On Marty playing chicken with a CU on a new car loan.



islandchild82 wrote:
Congrats on the new car, Marty! That's an awesome interest rate!


Thank you.  5 years ago I was scared to even apply for a credit card since I had so much debt and my scores were so low.
1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 5 of 5
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