cancel
Showing results for 
Search instead for 
Did you mean: 

USAA approved 63k for 4.04% NFCU or Penfed

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
Established Member

USAA approved 63k for 4.04% NFCU or Penfed

Good afternoon all

So, USAA just pre approved me for the auto loan amount I asked for, $63k with a 4,04% interest rate after a .25% discount for 60 months. I was wondering in todays rates as they all have gone up if anyone thinks NFCU or Penfed could beat that rate? I know profiles are different as well as the bureu that will be pulled. I have about 20yrs of history, multiple auto loans paid off, one missed payment 5 yrs ago on my Discover..still pissed about that!! My scores are are all mid 700s auto enhanced with Fico 9 slightly higher but not by much. Utillization is roughly 30% right now,that will drop the end of the month when they report. My DTI is at 20% on $90k income. 

I am actuay pretty content with this rate...just curious what ya all think if its worth going through the back and forth if its not a instant approval with the banks to save maybe another .25% interest?

 

2 REPLIES 2
Regular Contributor

Re: USAA approved 63k for 4.04% NFCU or Penfed


@rileydude wrote:

Good afternoon all

So, USAA just pre approved me for the auto loan amount I asked for, $63k with a 4,04% interest rate after a .25% discount for 60 months. I was wondering in todays rates as they all have gone up if anyone thinks NFCU or Penfed could beat that rate? I know profiles are different as well as the bureu that will be pulled. I have about 20yrs of history, multiple auto loans paid off, one missed payment 5 yrs ago on my Discover..still pissed about that!! My scores are are all mid 700s auto enhanced with Fico 9 slightly higher but not by much. Utillization is roughly 30% right now,that will drop the end of the month when they report. My DTI is at 20% on $90k income. 

I am actuay pretty content with this rate...just curious what ya all think if its worth going through the back and forth if its not a instant approval with the banks to save maybe another .25% interest?

 


My experiences with USAA has always been whatever dealership I am dealing with will beat their rates.

Message 2 of 3
Established Member

Re: USAA approved 63k for 4.04% NFCU or Penfed

NFCU beat it,3.29%..Audi said they cant beat that rate as their lowest rate is 3.49%. The only is that they playing hardball to negotiate the final purchase price when it comes to current Audi and Dealer incentives.
Message 3 of 3