Was sent a pre-approval letter, ignored it. Purchased a new vehicle from Ford for $71,330 and was given an interest rate of 5.34% with Ford Credit, which prompted me to act on the Nationwide pre-approval. Went online, filled out the usual information and at the end was told "we need more time to make a decision" which usually is a polite way of saying no. I applied with Chase Bank, I figured since I have excellent standing with them, checking, savings, credit card, mortgage, etc that they would give me the ok, they said no. My credit score is in the low 800's, the issue was the loan amount. Nationwide sends an email, stating they need W2 and last 2 pay stubs, I procrastinate a few days figuring that it's a lost cause. Finally submit those and was notified that I was approved at 2.5% within 1 hour! Finished signing documents online, created an online account and setup autopay from my Chase checking. So in my limited experience, Nationwide was easy, timely and cut my interest rate in half over Ford Credit. I will update this review if something changes, but I know that I certainly had a better experience than others have had and I feel obligated to post something positive for a change.
Most Helpful Positive Review
Most Helpful Negative Review
If I could do it all over agian I would of gone with the credit union. They won't let you change your due date after the application process. I've never heard of this before. They're online portal is worthless. It's a joke. They finally changed it and I got a temp password in the mail. That doesn't work! So now I'm unable to log into my account and having a heck of a time getting help. I wish I could change my loan provider. I have 5 years on this loan and I'm not excited about it being with nationwide.