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- should I go to a 'bigger' bank (ie: Chase, HSBC, CapitalOne, etc) and pay more just for safety of a name bank, if such a thing exists?
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Try PenFed. I have Chase account and when I applied they don't want to give me the amount that I want and the APR that I want. My credit score is well above 800. When I applied at PenFed, there was no issue at all. They gave me 2.99% (last year) but didn't go through the purchase. This year, I applied again since the check was only good for 90 days and was approved at 2.49% for 60 months. When I picked up my car at the dealer, they found Chase giving me 1.90% APR. Took that instead of PenFed.
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- what happens if I apply for a loan, say for 25k, but the total OTD comes out to less than that amount?
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If you have a pre-approved check, then whatever you wrote on the check will be the amount of the loan.
Good luck!