Has anyone ever had any luck getting Ford Motor Credit to refinance at a lower rate? Have had a loan with them for a year, paying more interest than what I would like but at the time I secured the loan I was grateful just to get it. Wife asked a couple of months ago and they said that â??they donâ??t do thatâ?.
Mike big finance companies don't do that, for the most part, Ford being one of them. Try your local credit union, I was suprised in the difference in interest rate they offered me, and they pulled my worst report! I went from 11.99- 6.25 and 9.5-5.74
We do not lower interest rates. Only thing to do is to go to a bank or a credit union. Finance companies have to borrow money from banks so that is why we have to charge our customers a higher rate than the offer u would get from a traditional bank
