I'm currently hunting for a second car, might try and pick one up this coming weekend. For the G, I financed through the dealership. I'm thinking about trying to get preapproved for financing through a credit union to bring to the dealership. I need to join a credit union. My question is...does anyone know the timeline from opening an account at a credit union, and getting preapproved for a loan?

 

I got financied through Chase and they got me a better deal than I could find through DATCU....

My ex went through DATCU and didn't have to open an account until they actually wrote the loan, and even then it was only a savings account that they auto withdrew her payment from...Should be same day type service...

Let me know if you want the number for my contact at Chase...

 

What kinda car you looking for?

... hint....hint....

 

I currently bank with Chase, but go ahead and shoot me your contact. According to bankrate.com they currently have a rate of 6.14% with .25% discount for auto draft. Prime right now is 6%, so i'm going to try and negotiate with them a bit.

I'm looking at a Toyota RAV4...sorry A.

 

Elsa at Las Colinas credit union hooked me up... they have great rates i think mine is like 5.25 or someting like that... much lower than the dealership could do...and all i had to do was open an account with 25 dollars that same day and apply for the loan... only took like 3 days max...

 

I got 5.2 at Pentagon Federal Credit Union

 

applied at Chase earlier tonight since I bank with them and they may offer a discount w/ autodraft and possibly something else...will find out in the morning

 

you can finance with a credit union immediately. you can even apply for an acct at some dealerships...