Hey, folks shopping for a used car? Need a quote so you can compare interest rates (with Bank of America)? That would be the financially wise, prudent thing to do - a car after all is a big purchase!
In the past - like last week before RBL was introduced (3/1/2023) - you could always obtain a firm, instant quote. Why? Because all members were "A" paper at SECU and got the same rate. Now there is a 60% + chance you won't get the best rate offered by SECU - you will pay more.
But the SECU Board knows best, so check out the new risk-based LIMBO LOAN RATES now available at SECU! Contact the call center, branch or website - even better give one of the Board members a call!
You'll find that SECU can no longer give you an instant quote, unless you apply and SECU pulls a credit score...and even then, check out the new "fine print" on the SECU website! Here's the best you can hope for from call center, branch, or website:
Used Auto: 5 Years Old
Never thought SECU would stoop this low.
Hey, better get "legal" to check that statement:"... rate "may vary" based on credit score"...think that should be "will vary". Your liability is already running high enough with RBL!