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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.
Congratulations on Very well played refi. Will save you a bundle.
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
@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.
@doz4life That's quite the savings! Congrats on your refi and the savings that'll come along with it.
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%.....