Anyone Know Why My Add On Financing Percentage is Less?

[famsen]

I just noticed that on my add on of 50 points that we recently purchased, I got the "preferred" finance rate. On our original purchase we were given the "standard" finance rate. I don't know if this is standard procedure for add ons or if I should let my guide know. I thought she told me that they didn't have to run a new credit check for add ons so I wouldn't think if I have a better credit rating now than my original purchased, they would even have known about it. I'll be honest and say that I'm kind of afraid to call on it for fear they will say there was an error and I will end up paying the higher rate on both contracts.

 

[WilsonFlyer]

Logic would probably say that now that you have established a credit profile with DVC, they are probably basing it on that record and that record alone. They don't report anyway (this is good regardless whether you pay on time or sometimes are late).

Remember that they hold all the cards anyway. The loans they make can't be any more secured than they are and even it they repo it, they just turn around and sell it for full price again to someone else and KEEP your money. They have the best of both worlds.

It's no accident. They know what they're doing. It's already 3x prime even at preferred. You can't make that kind of money RELIABLY anywhere these days. If you're happy with it, I assure you they are.