Thinking of refinancing with CapOne

[CDM3DCT]

Any decent experiences? I feel all the reviews I read are pretty bad but their rate is decent... What gives?

[bkrM3]

Originally Posted by CDM3DCT

Any decent experiences? I feel all the reviews I read are pretty bad but their rate is decent... What gives?

PenFed is the way to go: https://www.penfed.org/refinance-auto-loan/

My parents just used them to refinance a note on their Volvo. If Capital One can beat 1.74% I'll eat my hat.

[kevin///mlee]

+1 for PenFed. I've had great customer service with them and an awesome rate!

[nujabes24]

if you are military go navy fed bro best interest rates possible

[kmarei]

Al Capone?

[CDM3DCT]

Originally Posted by bkrM3

PenFed is the way to go: https://www.penfed.org/refinance-auto-loan/

My parents just used them to refinance a note on their Volvo. If Capital One can beat 1.74% I'll eat my hat.

I didn't even think about credit unions. I looked at how to join PenFed but I don't think I fall into any of their categories to join. But in doing the research I found info on MCT or what was of them. Apparently now they're education systems... Point is I joined and got approved for 2.24 rate (better than the 2.75 i was offered at CapOne). don't start paying until September and I get 200 bucks. Apparently the guy who helped me is also coming to my office with the loan docs- which I find hard to believe but whatever.

Sounds a little to good to be true so I'm going to wait on confirming their services. I do like the fact that I'm working with 1 guy rather than the 3 from CapOne.

Has anyone worked with the educations credit union?

[bkrM3]

All you do to join PenFed is pay a nominal fee. I think it's $15, split between a $5 checking (or deposit) account you'll never use and a $10 donation to a military-related charitable organization.

[Lorde]

Originally Posted by nujabes24

if you are military go navy fed bro best interest rates possible

This.