I also called to make sure nothing had changed and rep said initial TU pull is good for 6 months for any of their products. Say what???? Dang!!!! 
@Ron1 wrote:Barry,
I don't have any auto loan experience. They usually TU. and required to fax paystub to verify your income. You might ask them to get approved for the credit card with the same HP. They are really easy to deal with. By the way, they checked Chexsystem and pulled TU for the membership. I don't know who got the better rate. Hope it helps.
By the way, you can talk to underwriter directly. They are friendly and helpful.
Ron.
I'm a RBFCU member and they aren't very good about giving you the best rates upfront IMHO. I was purchasing a 2013 BMW 650i and they gave me a ridiculously high interest rate! After I called PENFED and USAA for their rates RBFCU wanted to lower their initial rate but of course didn't come close to matching the other rates. I have maintained a RBFCU membership for over 8 years. They are very conservative on CC limits and rates, similar to SACU (San Antonio Federal Credit Union). They constantly advertise 1.99 rates on that stupid banner on the side of their branches but I can't recall any members who've received that rate LOL I keep an allotment going to the account, use the check card from time to time but at this point the free checking is the best product they have. Personally I'd use NFCU, USAA, PENFED or one of my other CU's before RBFCU when it comes to an auto loan product. Just my .02
@BarryNTexas wrote:
@Zorasmiles wrote:
@Ron1 wrote:Barry,
I don't have any auto loan experience. They usually TU. and required to fax paystub to verify your income. You might ask them to get approved for the credit card with the same HP. They are really easy to deal with. By the way, they checked Chexsystem and pulled TU for the membership. I don't know who got the better rate. Hope it helps.
By the way, you can talk to underwriter directly. They are friendly and helpful.
Ron.
I'm a RBFCU member and they aren't very good about giving you the best rates upfront IMHO. I was purchasing a 2013 BMW 650i and they gave me a ridiculously high interest rate! After I called PENFED and USAA for their rates RBFCU wanted to lower their initial rate but of course didn't come close to matching the other rates. I have maintained a RBFCU membership for over 8 years. They are very conservative on CC limits and rates, similar to SACU (San Antonio Federal Credit Union). They constantly advertise 1.99 rates on that stupid banner on the side of their branches but I can't recall any members who've received that rate LOL I keep an allotment going to the account, use the check card from time to time but at this point the free checking is the best product they have. Personally I'd use NFCU, USAA, PENFED or one of my other CU's before RBFCU when it comes to an auto loan product. Just my .02
Very insightful Zora. Curious about your profile when you applied? I'm not interested in auto loan, already have that with NFCU. But I do want to open a HELOC and NFCU cannot do lines of credit in Texas. PENFED does but with limits. RBFCU will do them. That's my dilemma. I may never get any other products from them.
At the time I had already been a member for a few years. At the time clean profile score in the 730's IIRC. Most recent installment loan had been an auto loan with USAA closed in 2011. If it helps I have a coworker who had a HELOC with RBFCU and he was very happy with the product. So much so that he did a refi through them just recently BUT he also complained of their auto loan rates and their continued denial of a CC lol
