Get Preapproved = Save Money!
Dynamic Federal Credit Union offers a .25% rate reduction on our interest rates for preapproval. We want our borrowers to be informed before they head to a car dealership. We look up NADA values to educate borrowers on the vehicle’s value to ensure the vehicle is priced properly. In addition, we work up monthly payments so the borrower knows what to expect for a payment on their new vehicle.
We work with dealerships all over and letting a dealership know you are preapproved can prevent them from having their finance companies from pulling your credit report multiple times.Often dealerships will allow us to send them a Letter of Intent, which states funds are approved, and typically our borrowers can leave the dealership with their new wheels on the same day.
Dynamic FCU strives to educate our borrowers to be financially smart buyers.