Penfed Auto Loan Re-Finance

[doz4life]

I was approved in November for a auto loan from Santander Bank for a 2017 Nissan Maxima. The loan amount was $24,000 @17.5% for 72 months. I was able to refinance through Penfed for 5.49% for 72 months. Glad to get my interest rate down.

[Anonymous]

Congratulations on Very well played refi. Will save you a bundle. 

[billym81]

Can I ask what your credit score was before and what is was heading into that refinance with PenFed. BTW congratulations! 

I'm in the same boat with a 13.99% with Ally Financial and need to that interest down and looking into PenFed as the potential source. Thank you 

[Loquat]

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@doz4life wrote:

I was approved in November for a auto loan from Santander Bank for a 2017 Nissan Maxima. The loan amount was $24,000 @17.5% for 72 months. I was able to refinance through Penfed for 5.49% for 72 months. Glad to get my interest rate down.

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@doz4life That's quite the savings!  Congrats on your refi and the savings that'll come along with it. 

[mrtech3]

Congrats on the REFI.....I done the same thing a few years back...snatched a CAP 1 loan at 12% back and NFCU put it at 4%.....