Refinancing my auto loan?
Derrick W asked:
I want to refinance my current auto loan, and i don’t know alot about refinancing because i never did it before. First, how many payments do i have to make on time before i can check with different companies about refinancing? Some people have told me you can refinance after 6 months of on time payments. Second, how much will my payments or interest rate drop from my current rates? Third where is the company/bank to go for refinancing?
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I want to refinance my current auto loan, and i don’t know alot about refinancing because i never did it before. First, how many payments do i have to make on time before i can check with different companies about refinancing? Some people have told me you can refinance after 6 months of on time payments. Second, how much will my payments or interest rate drop from my current rates? Third where is the company/bank to go for refinancing?
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Tags: People, Refinance Auto, Refinancing Loan

February 21st, 2009 at 8:44 am
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Usually refinancing an auto loan is a waste of money. You shouldn’t have bought the car in the first place if you can’t afford the current payments
Good Luck!