Christian Community Credit Union : Auto Refi @ 6.75% (CH7 Discharged 06/06)

[CindyLou]

Experian, Equifax, and Chexsystems.....ughhhhh....I"m still waiting on response. I guess no news is good news. She did tell me it could be at least a week. I guess these is really no rush. But I am rather an inpatient person. They seem to be more interested in chex systems than anything else.

[CindyLou]

I still hadn't heard anything and thought it was bad news, but then I got an email today from from their loan officer saying she is working on my application and should have something for me today. I was very impressed, to say the least, that she took the time to follow up and let me know that she is still working on it for me. I'll let you know as soon as I hear!!

[CindyLou]

So I'm still truckin along with Christian Community Credit Union. She pulled my Chex Sytems again today now that I'm all clear and sent me over some more paper work to fill out for both the auto loan and credit card app. requested my check stub and my husband's driver liscense and social security card. I know this might not sound like this most exciting story to follow, but I guess its the most exciting thing going on in my life.....lol. I'll keep you guys updated.

[CindyLou]

Well, I got the other part to my loan packet today and they requested the payoff from Capital One. Looking Good!! I am hoping for the 6.25%!!!!! I hope to find out tomorrow!!! Keep your fingers crossed!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I'm faxing all of our stuff over tomorrow. This is so huge for me. Can make a really big difference in our monthly budget. And just make me feel so much better about not paying that 11.95 or whatever I'm paying cap one. I was thankfule for then, but I'm ready to move on! I'll update you soon. Then once I get it squared away I hope you guys will give it a try. They are really really nice and as long as you don't have chexsystems it seems they will really work with you!!

[CATCHMEIFYOUCAN]

Too Funny

Well I must admit I read all the post concerning cccu and decided to apply this weekend for a checking and savings. I was disapproved because at the time chexsystem was still showing accounts I had that was part of my bk. Well, on Monday I got letter from Chexsystems saying everything was removed, I didn't believe it but I called anyway and was told nothing was listed and that everything was removed. I had faxed them my bk petition a few weeks before my discharge and they sent out notices to each bank. Those accounts were well over $100 but they were removed and I now have a new checking account with Navy FCU. Funny thing is I emailed CCCU letting them know, and I also reminded them that they are supposely a Christian CU so whatever happened to "FORGIVE US OUR DEBTS AS WE FORGIVE OUR DEBTORS"!!! Needless to say I didn't get a response from my email, and was wondering could it have been because I put a PS I forgive you at the end. LOL :-) Anyway, I don't need them and I'm excited to have NFCU since I know they have some of the best rates around and I can rebuild my credit through them. Just goes to show how no matter how Christian they are Business is still BUSINESS!!! Best of luck to you all hopefully you'll get to refi

NFCU IS AWESOME ! I ended up getting three $10,000 credit limits from them and 2 consolidation loans. Too bad I had to file BK. Overtime you will see the benefits ! Congradulations !

I just traded in my 06 Sonata and got an 07 V6 Limited Sonata, I'm going to attempt to refi through this Christian Community deal but I have to wait to see what bank the dealer has me financed with. Right now I'm at 12 or 13%, I guess thats not bad considering I've been discharged since January 07. The dealer gave me a trade of a little over 10,000 - not bad since I wrecked the 06 a month after I bought it and accumulated 40,000 miles in a little over a year!

Best of Luck to you all, Catchmeifyoucan

[NYCountry]

Did you all pay the $100 to join before you applied for the loan?

[CATCHMEIFYOUCAN]

I was wondering the same thing, if you had to start up a checking account with them ! ? ? ? AND once you do, IF they refinance your car do they want you to make automatic deductions from you account to pay towards the financing!

Best to all, Catchmeifyoucan

[CATCHMEIFYOUCAN]

Chex System

Got a call back today. Seems they usually don't approve anything...loans, credit card, anything...if you are in chex systems. Well, I have one small thing from my before my-bk that I paid off after my bk (setteld for less than 50 or so) for $178, even though it shows as paid. It was actually a couple of debits that came through on a closed acct after I moved and didn't get the notices. Anyway this is from 2005. She said the BK wasn't a problem. They are going to give me a call back in a few days. Hopefully I'll at least be able to refi that vehicle. Weird that such an insignificant seeming thing would come back to bite me. Oh, well maybe it will all work out and I'll keep you posted. They were really really nice and seemed to want to work with me. She wasn't complimentary on my credit history since my BK, so that made me feel very good!! I had tried to dispute off chex systems but they wouldn't remove it cause the orig amount was over 100.00. ugggghhhhh

I just applied for a checking account with cccu and got declined, there is something reported in the chex system. I ordered a free report. I bet it has to do with filing BK on my Chevy Chase overdraft! I wonder if I show them my discharge will they take it off? Anyone with that experience? Well that totally sucks, but I guess in time I'll be able to refi with a lender somewhere. Man, the dealer is financing my car for $25,000, you'd think thats pretty big of a deal after coming out of BK!

Catchmeifyoucan

[CindyLou]

Well, found out today I am APPROVED!!! 6.75% if I pay them by coupon or 6.50% if I open a checking account and do autodraft. I AM SOOOOO EXCITED!!!!!!You are not required to open a checking account. There is a $5.00 membership fee and you do not have to become a member before you applying for a loan. I have not yet paid them anything or opened any account. I will however be required to opening a savings account when I do the loan and I plan to just put $100 in it to sit.

Catchme, don't worry!! You will be fine. The same thing happened to me. Once you get your report from CHEX, which will be in the next 3 or 4 day just fax them a copy of your BK discharge sheet See my CHEXSYSTEMS GONE FAST POST http://www.bkforum.com/showthread.php?t=16970 Then call CCCU. They will reactivate your app.

Good luck. All the work is worth it. This process took me approx. 1 month. But I am going to shorten my repayment time on my loan by 4 months (I have 64 months left to pay and I am going to 60 months) and lower my payment by $50 an overall savings of approx. $4700!

[Adchick]

Well, found out today I am APPROVED!!! 6.75% if I pay them by coupon or 6.50% if I open a checking account and do autodraft. I AM SOOOOO EXCITED!!!!!!You are not required to open a checking account. There is a $5.00 membership fee and you do not have to become a member before you applying for a loan. I have not yet paid them anything or opened any account. I will however be required to opening a savings account when I do the loan and I plan to just put $100 in it to sit.

Catchme, don't worry!! You will be fine. The same thing happened to me. Once you get your report from CHEX, which will be in the next 3 or 4 day just fax them a copy of your BK discharge sheet See my CHEXSYSTEMS GONE FAST POST http://www.bkforum.com/showthread.php?t=16970 Then call CCCU. They will reactivate your loan.

Good luck. All the work is worth it. This process took me approx. 1 month. But I am going to shorten my repayment time on my loan by 4 months (I have 64 months left to pay and I am going to 60 months) and lower my payment by $50 an overall savings of approx. $4700!

Awesome news. Congratulations!
How long ago was your BK? (you've probably posted this many times before and I just can't find it)

[CindyLou]

I was discharged Chpt. 7 Feb. 06. I just added it back into my siggy. thanks for reminding me.

[sara4]

Congrats, Cindylynnsmith!!!! I must admit hearing all the positive news about cccu I reapplied for a line of credit but I don't know. My scores have probably dropped as I've been applying left and right for credit. My Equifax FICO dropped from 541 to 500 in a matter of days, but I say what the heck, so far NFCU won't give me any credit. I've managed to open a checking and savings at WaMu and PenAir FCU. I must admit I'm a little disappointment that Navy FCU is so far from me, I'd like a CU closer to where I live so I'm going with Pen Air and keeping the WaMu for my other account. I'm considering using Lexington in about 60 days to see if they can help get me scores up. Right now I just feel like I'm not getting anywhere, but I have to remember I only discharged and closed on 8/14 and 8/15. I guess the hardest thing is waiting it out.
Hang in there Catchmeifyoucan, if I can have a clean chexsystems anyone can. I had several accounts closed with balances way over $100 some closer to $500 and they were all deleted. BTW I know you said you're a gambler I have a friend who just wrote lots of checks at a casino in OK that did not clear, total of about $1600 to 3 different casino's what can happen to her, she's scared to death!!!! The account is still open but everything was returned NSF. Will she just have to make out a payment arrangement with the casinos? Thanks in advance and keep me posted on the cccu. I've never heard from them but I'm hoping to get a response this time.

filed - May 2,2007
341 -Jun 12, 2007
Discharged - Aug 14, 2007
Closed - Aug 15, 2007

Credit so far:
New Car with NFCU: 5.75% interest $19755
Cap 1 cc - $500
HBSC cc - $300
First Premier cc - (awaiting terms and amount after reading thread might not keep it as it sounds scary)

Recent disapprovals:
NFCU visa or loc
Hooters
WaMu cc
and a list of store cards that I won't even mention.

I did get an email back from Pulaski Bank requesting copies of my pay stubs so I'm hoping for a yes.

Getting credit line of at least $1000.....PRICELESS!!!!

[CindyLou]

Well, I'm all wrapped up with my loan and Cap One is paid off!! Now my first payment isn't due til Nov. 1st and I get to skip a car payment!!! What to do with a extra money!!!!! Why, pay other bills, of course!!! Just FYI, they didn't even require me to open a savings account as I thought they would. I just had to pay the 5.00 fee to join the credit union.

I really thought it was too good to be true until I got the paper work in the mail today. The loan manager comes back from vacation this week and she is going to let me know the decision on the credit card.

Sara did you hear anything back from them yet???

[CATCHMEIFYOUCAN]

Im Right Behind You !

Well, I'm all wrapped up with my loan and Cap One is paid off!! Now my first payment isn't due til Nov. 1st and I get to skip a car payment!!! What to do with a extra money!!!!! Why, pay other bills, of course!!! Just FYI, they didn't even require me to open a savings account as I thought they would. I just had to pay the 5.00 fee to join the credit union.
I really thought it was too good to be true until I got the paper work in the mail today. The loan manager comes back from vacation this week and she is going to let me know the decision on the credit card.

I got a call from them today, THAT was quick. I opened a checking account now and am going to apply online to see if they will take over the loan from HSBC (14.5%) I hope I get the same dealio." This would be awesome, it would look like I paid off 2 loans ! I had inquired about the CHEX system and they said the chex system called and found nothing out of the ordinary so she doesn't know why it was an issue, surely this credit union must know one has filed bankruptcy??? Anywho, we'll see what happens next. When I told the rep I was paying $550mo on the car loan she's like "oh my," I told her I haven't even paid my 1st payment yet which was due Nov 1st. She said "oh good," and that I can apply on line! So will let you all know!

Congradulations Cindy ! ! !

I told the rep that I will be spreading "the word," about CCCU !
I think this company will do BK'er's a big service !

Catchmeifyoucan

[CATCHMEIFYOUCAN]

Sara - Casino Checks ! ?

Hang in there Catchmeifyoucan, if I can have a clean chexsystems anyone can. I had several accounts closed with balances way over $100 some closer to $500 and they were all deleted. BTW I know you said you're a gambler I have a friend who just wrote lots of checks at a casino in OK that did not clear, total of about $1600 to 3 different casino's what can happen to her, she's scared to death!!!! The account is still open but everything was returned NSF. Will she just have to make out a payment arrangement with the casinos? Thanks in advance and keep me posted on the cccu. I've never heard from them but I'm hoping to get a response this time.

The CCCU had called me today and was wondering if I still wanted the checking account, and I mentioned the CHEX system blocked me. She said they contacted them and there was nothing wrong??? So I said yeah! I have yet to see the deduction of $100 off my present checking to go into my brand new checking account, probably it will hit tonight (one ACH withdrawal/payment).

About your friends "bad checks," UH-OH. I've never written bad checks, or had any markers from a casino. I soppose they will go after her with whatever resources they have (collections?). What effect did it have on her bank accounts, surely the accounts have been hit with NSF charges? I wish her all the best and a whole lot of luck!!! Don't tell her to be too scared, but writing bad checks is against the law - not to get her more scared, but have her be more cautious.

Best to you all, Catchmeifyoucan