RateGenius

Truckerkevin 

on Creditkarma

7 years ago

Why bother There’s no point. They said since I am upside down I needed to put $1600 down to get approved. Who isn’t upside down? Anything with a motor loses value. When you drive a new car off the lot, your upside down. I’m better off just putting the $1600 toward a payment and have it apply towards the principle. If a company is going to offer a refinance for a better rate, refinance it then. Don’t expect someone to come up with money they don’t have to begin with, hence the whole reason for the refinance 

Anonymous 

on Creditkarma

7 years ago

Nah There’s no point. They said since I am upside down I needed to put $1600 down to get approved. Who isn’t upside down? Anything with a motor loses value. When you drive a new car off the lot, your upside down. I’m better off just putting the $1600 toward a payment and have it apply towards the principle. If a company is going to offer a refinance for a better rate, refinance it then. Don’t expect someone to come up with money they don’t have to begin with, hence the whole reason for the refinance 

Anonymous 

on Creditkarma

7 years ago

Got a letter saying I was pre approved went through the whole process just to get denied and it took a pretty hard hit on my credit score plus when I called to talk to someone they seemed very annoyed that I was even calling they were very short with me and rude 

MBfromKC 

on Creditkarma

7 years ago

Don't Get Your Hopes Up I was approved and excited. CreditKarma has helped me before, and this company had great ratings, I just wanted a lower APR! The "approval" means nothing, I filled out all the paperwork, but the loan officer was hard to get ahold of, text, email and phone if I had to ask a question (I was told no fees, but there was a $15 membership fee to the credit union), but mailed it in as soon as possible. The lender was apprehensive about my YTD on my paycheck... so I send another paystub as requested, June 1st... read more

BehzadVH 

on Creditkarma

7 years ago

you can be the next !! STAY AWAY Do not get fooled with this 4.8 stars! This 0.2 star that is missing can have serious consequences on your credit score as it had on mine. They are in HURRY to get your application, as well as your money, and they forget some serious general qualification questions that they need to ask. After a hard pull on your credit and checking with their lenders, they realize that "You are not qualified" not because of credit score, but some other conditions, which are totally random. I got rejected wit... read more

RandallTo 

on Creditkarma

7 years ago

Was very legit offer.. Cut my car loan rate in half with local credit union. 

AnnApr 

on Creditkarma

7 years ago

Not helpful I applied with a good score, next day received an email that they couldn’t help me. Not a good experience, they didn’t even call to clarify. Would not recommend. 

Florida002 

on Creditkarma

7 years ago

Applied and got approved, but.... DON'T DO IT! Broker was pushing hard GAP insurance and I did't close deal. He didn't agree on changing the date of payment as I requested so it didn't match with my mortgage payments. Lender might be good but I guess I dealed with the wrong broker. 

MsFsquared 

on Creditkarma

7 years ago

The term was way too long for a refi My loan rep was quite servicable but I didn't like the 72 month term nor the $2,100 warranty. He explained the benefits to me in that I could pay the loan off early without any fees and that if I continued to pay the same monthly payment as my current loan, the refi would be paid off 3 months sooner than my current loan but somehow that didn't sit well with me. I just couldn't find the highly significant benefit of paying the same amount of money overall just so my interest rate would sho... read more