Killed 2 birds with one stone

Discussion in 'Credit Talk' started by marvin, Feb 9, 2001.

  1. marvin

    marvin Well-Known Member

    I refinanced my Explorer today with 9% interest. That amounts to a BIG savings when you are talking a $15,000 loan at 9% comared to 18%. It was also through a finance company, and now it is through a bank, which should help my credit rating even more. Not to mention the fact that it will be another positive tradeline, and an $17,000 auto loan that is paid in full.

    P.S. It was never financed at Ford Credit.
     
  2. Cadillac408

    Cadillac408 Well-Known Member

    RE: Killed 2 birds with one st

    <p><strike>FORD CREDIT</strike></p>

    Sorry.....had to do it!
     
  3. Cadillac408

    Cadillac408 Well-Known Member

    Oops....

    <s>FORD CREDIT</s>

    Oops
     
  4. Cadillac408

    Cadillac408 Well-Known Member

    Nevermind....

    You get the idea!
     
  5. Killer

    Killer Guest

    RE: Killed 2 birds with one st

    How many payments did you make before you re-financed? Who originally financed your car and which bank re-financed?
     
  6. jamie

    jamie Well-Known Member

    RE: Nevermind....

    MP, I got the idea... some may not. FC the most obscene, dirtiest four letter word ever. RIGHT????
     
  7. marvin

    marvin Well-Known Member

    RE: Killed 2 birds with one st

    I made 6 or 7 payments to transsouth financial company in Omaha. Refinanced it with Commercial Federal Bank.
     
  8. rolo

    rolo Well-Known Member

    RE: Killed 2 birds with one st

    how good is your credit do you have any negatives.
     
  9. marvin

    marvin Well-Known Member

    RE: Killed 2 birds with one st

    I have several negatives, (probably about 5 now) but all of them are at least 2 years, and paid. I also have several good trade lines, and a 631 FICO through equifax
     
  10. Shantel

    Shantel Well-Known Member

    RE: Killed 2 birds with one st

    I want to know this also. I've had 2 years of PERFECT payments on my car and I had one that's closed now that had perfect payments and I'd REALLY like to re-finance. I've had some negatives but not since 99.

    Should I go to my bank?
     

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