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Surprising NAVY FEDERAL LOVE during rebuild.

Harmony12
Frequent Contributor

Re: Surprising NAVY FEDERAL LOVE during rebuild.

 


@Woodygal  You have gave me motivation. I just paid off an old Charged Off credit card with NFCU. They immediately stated I was able to apply to any products now but I wanted to wait for the charge off to update as paid in full to the CRA as well as the other cards I paid off. All of my updates will be complete at the end of October. I want to refinance my auto loan from a little over 9% and cut it in half and apply for one of their cards. 

 

What year is the car you refinanced?

Starting CK FAKOS 6/28/2018
TU 503
EQ 498
Discover EX 537

FICO 8
7/7/18 05/24/21
EQ 557 701
TU 566 715
EX 514 711

Mortgage Scores FICO 5,4,2
7/7/18 05/24/21
EQ 494 685
TU 480 703
EX 479 693

Goal Score 720
Message 11 of 17
Woodygal
Established Member

Re: Surprising NAVY FEDERAL LOVE during rebuild.

It is a 2015 Grand Cherokee. Be good to NFCU and they return the favor. Best of luck!!!!!

Message 12 of 17
Harmony12
Frequent Contributor

Re: Surprising NAVY FEDERAL LOVE during rebuild.

@Woodygal 

How many months is your new loan term?

Starting CK FAKOS 6/28/2018
TU 503
EQ 498
Discover EX 537

FICO 8
7/7/18 05/24/21
EQ 557 701
TU 566 715
EX 514 711

Mortgage Scores FICO 5,4,2
7/7/18 05/24/21
EQ 494 685
TU 480 703
EX 479 693

Goal Score 720
Message 13 of 17
Woodygal
Established Member

Re: Surprising NAVY FEDERAL LOVE during rebuild.

60 months which is 5 months more than the amount of time we had on our original loan (we got the car used in 2019)

Message 14 of 17
Harmony12
Frequent Contributor

Re: Surprising NAVY FEDERAL LOVE during rebuild.

@Woodygal 

Thanks I bought a new 2018 in 2018 and I have 48 months left on my current loan with a $350/month payment and I now pay an additional $200 extra/month. In theory, I would like to qualify for 60 months and less than 5% interest to lower my monthly payment (for DTI purposes) and lower interest rate. I will continue to pay my current monthly payment amount and my extra towards principle  balance if I can get the 60 months. 

Starting CK FAKOS 6/28/2018
TU 503
EQ 498
Discover EX 537

FICO 8
7/7/18 05/24/21
EQ 557 701
TU 566 715
EX 514 711

Mortgage Scores FICO 5,4,2
7/7/18 05/24/21
EQ 494 685
TU 480 703
EX 479 693

Goal Score 720
Message 15 of 17
Cass2387
Valued Member

Re: Surprising NAVY FEDERAL LOVE during rebuild.

Congratulations

Started: 5/2018 EX8 468 TU8 479 EQ8 451
Message 16 of 17
Joobie
Contributor

Re: Surprising NAVY FEDERAL LOVE during rebuild.

Congrats man! That's good!

Starting Credit Scores:

Current Credit Scores:

Current Credit Cards (In Order of Approval):
Message 17 of 17
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