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Are there any army discounts for car loans/ refinancing an existing car loan?
I have an 06 RSX that I bought with a 625 credit score and pay like 500 a month w/ 9-11% interest I think. When I bought it I had 3,000 in credit card debt and had only had a credit history of 2 years. Now that I am 21 and have 3 years of credit history, and have paid off all my debt down to 0, plus made payments on this car for 1 year, I was planning on refinancing the car this year. I am doing this mainly so I can afford the car when I am in the army this year, however I was wondering if the army can provide any discount (like a credit union) for re-financing if I sign an allotment or something so the creditor is sure they will get their money.
Anyone have any info on this?
@ Kathy
I know how a credit union works and I believe my credit is at something like 710, but I know the army has a lot of discount worked out with various institutions and I was wondering if being the army would help lend me credit for something like a refi. Obviousely I would only be doing this once I have been in for at least 6 months.
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| By
sgreger1 |
Posted on
03/22/07 Total Answers
3 |
