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feedback on Alliant credit union loan?

Discussion in 'Model S: Ordering, Production, Delivery' started by gnychis, Jan 16, 2014.

  1. gnychis

    gnychis Member

    Joined:
    Nov 3, 2013
    Messages:
    303
    Location:
    Boston, MA
    I'm beginning to finalize my Tesla, and one of the loan offers I have is through Alliant Credit Union. I have seen many people post that they have gone with Alliant, but I was wondering from those who have been paying off a loan through them for some time now: how the process has been so far? Any issues? I haven't dealt with loans from smaller credit union types before. What I've read so far have been positive things. They have repeatedly said no fee for paying more than your scheduled amount, and no fee to pay the car off early.
     
  2. liuping

    liuping Active Member

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    Location:
    San Diego
    The loan process was incredibly easy. It literally too probably 30 minutes total (to qualify, open a Credit union account, and fund the loan).

    The payment is withdrawn automatically each month from my normal checking account (not an account with Alliant), so it's pretty much painless.

    I cannot recommend them highly enough.
     
  3. rkruff

    rkruff Member

    Joined:
    Aug 9, 2012
    Messages:
    14
    I have used them twice and I live in SoCal. They are absolutely the BEST. My contact there is Erik Nitzke at (773) 462-2194. You will be very happy. Rates are the lowest around.
     
  4. Gizmotoy

    Gizmotoy Active Member

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    Bay Area, CA
    Pretty much the same as above. To get the lowest rates requires automatic withdrawal, so paying them is simple. They allow payment from outside banks as well, so you don't need to worry about getting money into an Alliant savings/checking account if you don't want to.

    Further, since you're in Palo Alto, should something go seriously wrong, they have a branch up in San Mateo you could visit if you really need to speak to someone in person.

    I'd use them again, for sure.
     
  5. andrewket

    andrewket 2014 S P85DL, 2016 X P90DL (soon 100)

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    Dec 20, 2012
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    Same as above. Would use them again. I financed 100% and bought GAP insurance from them as well. It was ~249 and seemed like a good deal on a 100k+ loan on a vehicle with an unknown residual history.
     
  6. gnychis

    gnychis Member

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    Location:
    Boston, MA
    Thanks a bunch for the quick feedback! Seems like a really good deal with a good service. Especially being able to pay through an external account with an automatic payment.

    Thanks for pointing out they have a branch in california Gizmo, I hadn't noticed that either.
     
  7. Lloyd

    Lloyd Active Member

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    incredibly easy, no hastle, no complaints.
     
  8. benjaminmeyer

    benjaminmeyer New Member

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    Jan 16, 2014
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    Location:
    Columbus, Ohio
    I live about 8 hours away from the nearest branch and use Alliant for all of my finances. They are very prompt and I have never had to go to a branch. They are honest, have fantastic rates, and very trusting in you. I love Alliant Credit Union for everything they have to offer and in the way they handle their customers. I do have a loan from them but not an auto loan and the repayment options are very wide ranging and reverse.
     
  9. DCinDC

    DCinDC Member

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    Jun 17, 2013
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    105
    Location:
    Northern Virginia
    Agree with everybody - surprisingly one of the easiest parts of the process. Alliant was great.
     
  10. JaredBanyard

    JaredBanyard Member

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    Location:
    Bloomingdale, NJ
    Not to mention the 1.49% ;)
     
  11. SeminoleFSU

    SeminoleFSU Member

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    Location:
    Atlanta, GA
    No complaints here
     
  12. Chris TX

    Chris TX Active Member

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    Location:
    Dallas, TX
    A+ Experience, here. They even know how to get them to Texas ;)

    Scott Paulson was my rep. Very nice guy!
     
  13. JPP

    JPP Active Member

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    Location:
    SF Bay area, CA
    Fast, painless, minimal paperwork, great rate, auto-debit from my local bank...no complaints.
     
  14. Alysashley79

    Alysashley79 Member

    Joined:
    Oct 4, 2013
    Messages:
    646
    Location:
    Seattle, WA
    They are fantastic. I just got my tax stuff for 2013 from them and I realized that they deposited $110 into my account. I called them and they said that until 2/1 everyone that finances a tesla through them get $100 (and they pay the $10 to open the savings account they require)
     

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