Comments on: Military Automobile Loans? http://planning-financial.com/military-automobile-loans/ We offer the most comprehensive information on financial planning to help for your financial planners. Check our selected financial planning guides and financial future reviews at our site. Tue, 16 Mar 2010 13:06:45 -0500 http://wordpress.org/?v=2.8 hourly 1 By: AD http://planning-financial.com/military-automobile-loans/comment-page-1/#comment-5874 AD Thu, 29 Oct 2009 21:36:17 +0000 http://planning-financial.com/military-automobile-loans/#comment-5874 Look at some of the military banks and credit unions out there. PenFed is offering 3.99% but they may not finance you if you don't have a lot of things on your credit report. Navy Federal is more leinent but their interest rate is a little higher, around 5.25%. USAA offers good deals but they can go either way. Whatever you do, be careful and read all of the terms and conditions if you pick anybody other than those three I mentioned. Some are strictly out there to rip you off and will go as far as having your husband sign a waiver allowing them to contact his chain of command if anything goes wrong because otherwise it would be illegal for them to contact his boss to discuss the loan according to the Fair Credit Reporting Act.

Look at some of the military banks and credit unions out there. PenFed is offering 3.99% but they may not finance you if you don’t have a lot of things on your credit report. Navy Federal is more leinent but their interest rate is a small higher, around 5.25%. USAA offers excellent deals but they can go either way.

Whatever you do, be careful and read all of the terms and conditions if you pick anyone other than those three I mentioned. Some are strictly out there to rip you off and will go as far as having your husband sign a waiver allowing them to contact his chain of command if anything goes incorrect because otherwise it would be illegal for them to contact his boss to discuss the loan according to the Honest Credit Reporting Act.

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