Auto Re- Financing

Discussion in 'Credit Talk' started by Flagirl, May 15, 2001.

  1. Flagirl

    Flagirl Well-Known Member

    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!
  2. MikeB

    MikeB Banned

    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.
  3. CCMAN

    CCMAN Member

    currious to as to who you got the loan through?

    Every loan I was able to get the interest was 18-21%
  4. Flagirl

    Flagirl Well-Known Member

    I did it through lending tree (yeah i know- not the best) but it was kind of weird...I got the loan through People, 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.

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