Cyclone
Cyclonic Member ((.oO))
When I applied with Armco, I had sent them my NC temp registration as part of the docs they wanted. They didn’t say a word about it.
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Credit Unions with good rates that accept applicants anywhere within the US?
- Thread starter YNoVA
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Thanks for this rec! I'm finalizing my refi with them 3.99 for 72 months. They should send the payoff tomorrow, so the full process has been less than a week.
Yeah, Armco didn't have a problem with it. My DMV made me still put Wells Fargo as the lienholder since they were listed on the title of origin from Tesla. I think WF will then transfer the lien over to Armco once they get it, but the temp plates didn't hold up anything with Armco.
If they are still giving a half point off for auto-pay, they have actually dropped their rates by a quarter point since I closed last week.
Did you have to have a preexisting account to get the relationship discount? Or did you get it even as part of a new account application?
I was in the exact situation as you. You get your 10 day payoff from one of the 5 banks that Tesla chooses. Try calling Tesla Finance Customer Service: (844) 837-5285 (Option 1) and see which bank you're financed with and ask them for the payoff letter.
Keep in mind when Armco gives you those loan documents to sign, make sure to let them know you ]used Tesla finance upon delivery and are refinancing before you sign those documents. Otherwise, and i learned this the hard way, Armco will send money as a purchase loan to Tesla.
I think (but not sure) these rates might be inclusive of all discounts. I think they might be 25 bps higher than a month ago.
Seems like they raised their rates by 0.25% recently. I could of swore that the 60 month auto loan was 3.49% last week or 2 weeks ago.
I joined the US Capitol Historical Society for $65. That will qualify you to join the CU. Whole process was quite fast, less than a week.
It could be that the discount is included, but I swear that the rate was showing 4.49% for 72 months when I applied and then I got the 3.99% with autopay. Maybe I am just remembering incorrectly. Would make more sense for the rates to have gone up vs. down.
On the website it looks like they only give 0.25% discount if you do autopay with them and not 0.50%. I have seen some other CUs have the same offer for autopay but it is always just 0.25% and not 0.50% which honestly would be a very generous for an autopay option.
They did. Every Credit Union mentioned on this forum has increased their rates after everyone flocks to them.
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