Hey all, I got a car loan in January for 13.9% and was wondering if now would be a good time to re-finance. My score when I got the loan was like 585. Now it's 605 (I'm not even sure if that makes a difference). If anyone knows where I could re-finance with a score of 605, I would really appreciate it! Thanks Cori
Flagirl, that is not much of an improvement..sorry. I don't think it will matter very much. It only costs you a hard inquiry and a few points to shop around. Have you tried working with local banks and credit unions? You can often "deal" with them whereas you are just a "score" to large financial institutions. Good Luck.
I did it through lending tree (yeah i know- not the best) but it was kind of weird...I got the loan through People First.com, but all the payments go to Transouth. That was who I got my first car loan from, too, about 4 years ago and at that time my intrest rate was 18.99%. Jeez.
