Anyone use Pentagon Federal Credit Union for a loan?

https://www.penfed.org/

 

I did a few years ago. Amazing rates, very easy online process, no issues.

 

WOW. And I thought I did well refinancing my wife's car at 1.99% for 48 months.

 

Consolidated thanks for the feedback.

I will be refinancing here shortly.

 

Thats who I bought my truck through. Dealer was like how in the hell can you get that rate? lol

 

I have a loan through Navy Federal Credit Union, and its 1.99% for 72 months. Good credit ratings really help with purchase/loan power.

 

What is the average auto loan rates? I'm planning to buy a car soon and get it insured.

 

It depends on your credit. If your credit is good, I would say for 72 months 1.99% - 3.75%. It also depends on what vehicle you are buying. I have seen econo crap-box cars for under 1% interest.

 

Sometimes local credit unions can give you a better rate than the banks the dealers go through.

Where do you live?

 

I just got mine for 1.99% for 72 months. Local credit union.

 

University Federal Credit Union in Austin has 1.3% up to 30 months, cheap money.

 

Applied online to refinance with PenFed yeesterday afternoon. Called this morning to check status and it had already been processed and approved. Went from 4.5% with Ford credit to 1.49% . I have only made one payment on the Ford loan. $40 per month savings for 60 months saves me $2700. Not too shabby

 

pen fed is def the way to go

 

Great rates!

 

are any of you guys that are financed through pen-fed non-military ?