best loan articles

auto refinancing? i bought my car at the end of april 2008. i put down $7,000 and i owe $9000. my current interest rate 11.89%. my credit union's auto refinancing rates are 3.99%-7.99%. since i've only had my car for 3 months, is it possible to refinance? my original loan is through bank of america. i was not a member of this credit union when i bought my car.....in fact, i had never heard of this credit union until about a month ago. there is only 1 other credit union in my area, and their interest rates were almost the same as the interest rate i have.

Auto Refinancing? I got my first car in January of this year. I was planning on refinancing the car next January because my interest rate is so high (17%). I had very little credit and the things on my credit weren't good and I had no revolving accounts. I had to start somewhere though and I needed a car bad. Is it smart to refinance? I have a 72 month term. Also I was planning on making a $500-1000 principle only payment. Should I do that before or after refinancing?

How to get auto refinancing with not so good credit and while collecting unemployment? My friend needs to reduce their monthly out go, one of the loans on the plate is the auto loan, unfortunately some of the challenges my friend is facing are; * recently lost their job --BUT is collecting unemployment from the state of California so essentially has income coming in each month * currently going through a divorce --unfortunately my friends spouse has damaged EACH of their credit ratings. so is there any way to refinance? are there lenders out there? CapitalOne Auto Finance is not an option, they do not so auto refi's and that is whom my friends current loan is through. Should my friend try and trade the car in for a used vehicle? Your help is appreciated...thanks so much!

How to auto refinancing for bad credit? anybody have any suggestion for...How to auto refinancing for bad credit?

Whats the catch to refinancing a auto loan? I've been thinking a bout refinancing my auto loan. But whats the catch. I've got a 16.59% auto loan . I've made my payments on time for the last 2 year on time. When i got the loan i had really bad credit now i'm in the 630-660

Will refinancing my auto loan to a lower monthly payment and less interest paid out, hurt my credit score? I'm preparing to buy a house next year and doing everything in my power to increase my credit score when the mortgage process starts. I have an auto loan @ 6.24% interest rate, and my truck will be paid off in 3 years. I've pretty good credit right now. However, if I decide to refinance my auto loan for a lower interest rate and monthly payments, will that hurt my credit score?

How often is refinancing an auto loan acceptable? I just refinanced my auto loan 2 months ago from 22% to 18%, I think i can get a better rate now. Should I do it or would this hurt my credit? thanks for the help... score went from 590 to 655 now in two months!! (after 1 year of hard work!!)

Need some suggestions on auto refinancing? I currenty have a 8.9% interest rate on my used car loan. It was a 16000 loan. I paid 8 payments already and I always paid extras in addition to my regular payments. So I'm well ahead of my payment schedule. I need some suggestions on whether 8.9% is a very good rate. Should I refinance the loan if I can find a better rate?

What does auto refinancing mean? Also, can I use an auto loan to pay off my car payments?

Does Auto Refinancing help me reduce my payment in total? or reduce just monthly payments which will result my terms be extended? I don't know how refinancing works. Currently my payment is $457/ month and 48 months left. I'm interested in refinancing my car, but don't want to do so if it just reduce my monthly payments and term is extended. What if I have my car refinanced, what will happen? Is monthly payment gonna be lowered with the same term(in my case 48months)? or monthly payment stays the same and term's gonna be shortened? I'm sorry if I'm not making sense... somebody help me~

Auto refinancing (would it be the best option for me?)? 8 months ago, I purchased a car with a financing plan of ~$300/month for 24 months. However, I am losing hours at my job, and am having a hard time paying off a lot of debt. Would refinancing my auto loan be the best option considering interest rates are now near 0% and I can lower my monthly payments over a longer period of time?

Is it worth refinancing my auto loan if the best APR I can get is 2.2% less than current loan? If my savings is only going to be about $60-$70 a month, is it worth refinancing and extending loan?

How long do i have to wait before refinancing my auto loan? 6 months? a year? im working on my credit, its getting better and better but i just bought a car, interest is a little high but i got it hoping that making my monthly payments on time will also boost my credit rating. Of course, i dont want to end up paying all the interest on it so im wondering how long i should wait before trying to refinance with another bank at a better rate?

Refinancing an auto loan after a death ? My sister passed away and I would like to keep her car. I could take over her payments but they are higher than i would like. What is the first step in refinancing? Thanks.

Why do you need power of Attorney to Transfer Motor Vehicle when refinancing Auto Loan?

Wher can I get a good deal on auto refinancing?

What are the chances of refinancing an auto loan? After about one year of purchase.

Does anyone know how to go about refinancing a Auto Loan? Even with bad credit... and about how much would it save me a month? I've had the loan for 2 yrs and consistantly made full payments until just recently when I fell behind.

How do I remove the secondary person on my auto loan without refinancing? What are my other options with bad credit?

question about auto refinancing? I called my lender today to see what I have to do to pay monthly payments. They told me that I am elgible to refinance. I have less than $7,000. To pay on my 2002 s10 blazer. Is it worth refinancing my auto just to get a lower apr? Would I still get cash back if I refinanced?

How can I get out of a balloon payment on an auto loan without refinancing, trade in or repos? I want to keep my car because I have 3 payments left except I have that balloon payment

Will I have trouble refinancing my used auto loan if the loan is above the bluebook value? I paid a bit over bluebook value for my used truck because it was in exceptionally good shape and I don't have the credit to be picky. I would like to refinance in a year, but I'm concerned that the banks won't refinance me because of the value of the truck vs. the amount of the loan. Can anyone give me some advice?

what are the pros and cons or refinancing an auto loan? and how do you do that?

REFINANCING MY AUTO LOAN AND RENTING A NEW APARTMENT? I want to refi my auto loan for lower apr. I'm also going to be looking for a new apartment in the next few months. Will one effect the other credit wise. Any advice is great. Thanks

Refinancing an Auto Loan with bad credit? Can I refinance my car loan with bad credit? I am currently in a debt settlement program have many charge offs on my report at the current time. I was wondering if there is any way to refinance this to make the payment lower with bad credit?

what is best auto loan refinancing rate? My current loan rate is 5.5% for 60 months. The remaining loan period is 48 months. Can I get a better rate than 5.5 if I look around? If so, can you suggest some? I wil give it a shot? Thanks

Low auto refinancing interest rates? Anybody know if there are any banks that are offering low interest rates to refinance your automobile right now, particularly any that are receiving bailout money to loosen their credit requirements? Also, I would prefer they pulled my Experian and/or Equifax but NOT my TransUnion. I live in Seattle, so if you know of any local banks around that area that'd be a nice bonus. Thanks.

can someone with bad credit get auto refinancing w/o a co-signer? im stuck and i dont know what to do.

Refinancing my auto loan? 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?

Auto Refinancing help!? My husband and I have a truck payment that is 647.51 a month and our APR is 13.45%, we owe $30,671.97 on it we have made 4 payments on it so far! It was brand new never been used when we got it! okay here is my question, How long do we need to pay on it before we can refinance and be able to expect a lower payment and lower APR? Or to at lease cut the payment in half! Please any advice? We are financed through Capital one auto finance!

Will I be able to get cash back with an auto refinance? I just purchased a vehicle $15,000 bellow its Kelly blue book value. With an auto refinance will I be able to access that cash or get any cash back? Also any information on companies that has this cash back option will be helpful. Thank you!

Question regarding Auto loan refinancing? I just bought a 2008 Saturn Outlook in October. I got dealer financing through GMAC at a rate of 8.5% for 5 years. I just pulled my credit report today and saw that I have a fico of 801. that got me thinking that I should try for a better finance rate since I should qualify. I am assuming that since I have left the dealership (my car now has 1800 miles on it) this would be considered an auto refinance instead of a "new car loan" or even "used car loan". Anyone have any tips on where to shop for rates? I don't plan on applying to more than one, since I don't want the inquiries on my credit report. Any tips would be appreciated. I owe $26,600. thanks

How can I save money refinancing my auto loan? I guess I am asking how does a refinanced auto loan work. Obviously you have your initial loan plus interest. But when you refinance does that equal: Your initial load plus the original interest plus the new interest? Or your initial loan plus just the new interest? Thanks

Refinancing my auto loan? 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?

I need a lower car note! How exactly do I go about refinancing my auto? With my original co.? Or thru another? I have some idea how it works. I believe I have a 9% interest rate. (I'm ashamed to say I don't really know. This is my first car. I need to find the original documents and look them over again, but they're packed away from a move in Aug. and that will take time and effort that I don't have.) I have a Honda. Do I call American Honda and ask? Or do I hafta apply with a company other than my current lender. Admittedly, I haven't been on time with monthly payments the past year. (I've had it for 2.) My credit score is probably rather low too. Is there any hope for me at all?

Does Chevy Chase bank refinance auto loans? If I look under "personal loans" on their website, I see they offer auto financing. But what about REfinancing, or does this count as the same thing? If not, can you recommend any reputable companies through which I can refinance my car? Thanks!

Auto Refinance- is there an option to get a refinance on a existing car loan ? I am from India and I own a Maruti 800 car. The car is under loan and I have another 2 yrs to go to finish off that loan (approx 70 thousand left). Is there any option to get a auto refinance on that loan ?

How and when can you refinance a auto? Is it a good practice to refinance a car or truck. I recently purchased a home and the payment is somewhat large. I was in need of transportation before I purchased the home. I was thinking It would hinder the mortgage process if I bought a new vehicle before the house. I want to know is it worth refinancing the auto to make my money and budget work out. I did not buy this auto just to be buying, I bought it because of need and the condition of my 92 van is horrible. There is no heat and many other things. Any advice is appreciated.

Where can I get an auto refinance loan that will give me extra cash over and above the payoff for my car? I want to do some extra work on my car to enhance it's value and condition, rather than just trade up. I like my car and I know what I've got into it already. I don't want to get another used car--something that I have to start all over learning about, in terms of its mechanical needs. I just want to make my current car better, with the extra cash imbedded in the refinance.

How can I refinance my auto loan in USA when moving to Canada with the car? I bought a car in USA with an auto loan from toyota financial services. Now I got a job in Canada. I want to take my car with me. But problem is TFS is not allowing me to take the car to Canada and instead asking me to payoff the whole amount now before moving. I thought I can pay my monthly instalment from Canada. But they are not allowing that. In this case I want refinancing from other institution, who can allow me to pay instalment from Canada. So that I can pay TFS now and take my car to Canada.Can any one help me in this matter? I really appreciate and thak you in advance.

Why will noone approve me for an auto refinance loan? I have a decent credit score (650-700), lived at my resident long enough, been at my job long enough (almost 2 years) and make more than enough money to get a loan. I have paid on the car for 7 months on a 6 year loan. The interest rate is over 20% right now and have an excellent payment history on all my accounts/credit cards. So far, most reputable financing companies have rejected me online. I will soon go to banks and credit unions. Any suggestions?

am i better off refinancing my auto loan or taking a lower interest rate loan and paying the car off with that we got a used auto and financed through the dealership and the interest rate is extremely high. Should i refinance this loan or take a loan from my bank with a lower interest rate and pay off my vehicle and just pay the bank back.

What is the best way to refinance an auto loan? We just bought a car today with a high apr, we used the dealer's financing. We have a great credit history however our 'auto' credit score is lower than our overall score. What is the best way to refinance an auto loan? Is there a way for us to repair our auto credit score, if so, how?

Need Info On Auto Refinancing? Well my husband and I recently just bought a car. I was looking into refinancing but would like some input from people who really know about this. We basically recently established credit and have a high APR rate and we would like to know if its worth refinancing.

who has the best auto refinance rates? We have excellent credit and would love to have a great refinance rate for our auto.

I have an auto loan with GMAC my payments are really high, how can I decrease my payments, is refinancing the? I have an auto loan with GMAC my payments are really high, how can I decrease my payments, is refinancing the answer and can I refinance with GMAC?

Where is the best place to refinance my auto loan? When I first got my auto in March 2006 my interest rate was 17.9% I refinance in September 2006 with E-loan for a rate of 11.04% we recently bought a home and our finally establishing some credit. So I think its time to refinance again. Does anyone recommend a great place to get a great rate? Thanks I really appreciate it!

Used Car auto refinancing? Where might I be able to find a place that will refinance my used car loan? I do not have bad credit, but I don't have enough credit. Any help will be appreciated!

What is typically needed to qualify for an auto refinance loan? Like is it credit score, credit history, current debt, collateral? Any information would help. Thanks.

what are the best Auto Refinance companies with low interest rates? what are the best Auto Refinance companies with low interest rates

does anyone know any good auto refinance companies that help even with bad credit? my car payment is just to high and i struggle making my payments. I do not have good credit either because i made some poor choices at my young age so its important for me to to honor my car payments. Its just getting ard and im slowly falling behind and would like to know if anyone knows anyone who can help me right away.

Are there any good banks or insurance companies that will refinance your auto loan with good rates? I am tring to refinance my auto loan , but the only place that I came across is StateFarm. Are there any other places that I can look into?

how does auto refinance work? can anyone please give me some basic info on how refinancing an auto loan works and what to watch out for?

refinancing an auto loan? I need to refinance my auto loan it is currently through wells fargo, and WOW they are ridiculous! Every month ieither send in my payment, make it by phone or pay it online, and every month they are calling about the payment. I have to send them proof that it was paid. I understand that everyone can make a mistake but this company is just stupid! So i want to refinance my loan with another company. Know of any great ones? I would prefer to have a company that will only call if the payment is actually late, and not just missplaced by one of their workers.

What are the top legit auto refinancing websites? I am trying to help someone with an APR of 19% and bad credit find some legal and trustworthy websites that will give her a couple of good refinancing options. She blindly signed the papers without knowing anything about interest rates. She has had the car for almost a year.

Need help. Are there any good auto refinancing people? I have under fair credit and i need to refinance as are vehicle is racking up 19.99% interest. please someone help. we cant afford this and cant afford to loose our vehicle.

do you pay sales tax when refinancing an auto loan? I was wondering if when refiancing a car if you pay sales tax....again? And If i'm refinancing a loan, and taking over my parents loan and my name is not on the loan if I will have to pay sales tax.

Good loan companies or banks for auto refinance? I need to refinance my car. I know it's hard right now with the recession. A lot of companies are not approving anyone. Can anyone recommend any good banks or auto loan companies right now that are offering refinancing?

Auto refinancing loans and estimates? I got an auto loan thru the dealer at a high 15% w/ a then 600 credit score. Thinking about refinancing, just checked my credit and it's avg.645. What APR would that get me? Is that EVEN that good of a credit score? I've paid a lump of my CC's off, although I have 1 collection on file from 2 yrs ago, and my 72 mos loan had 64 mos to go. What do you think???? s.o.s

What Is The Lowest Auto Loan Refinance Company Out There? I am trying to refinance my Mazda car and currently, I am making a payment of $300 a month. What company has the lowest auto loan refinance interest rate? Needs to be available to Florida residents and it does not matter if it is an online company only. Thank you.

Personal loan or auto refinance websites? I am trying to refinance my car through way of either a lender that deals with auto refinancing or through a personal loan. I got denied a loan to refinance my car, but only because the value of my car is like more than half of what I still owe on it. So are there any reputable sites that deal with personal loans, or auto refinancing? I've already tried lendingtree.com, and that is still processing. And I got denied by Chase.

How do you refinance an auto loan? I don't know the specifics of the loan (it's my boyfriends), but he purchased a vehicle around October of last year. He had never had an auto loan before and had little credit history, so his interest rate was fairly high. His loan is through a credit union. I know he has had one late payment. Knowing this, does anyone have any recommendations on refinancing? We don't know a thing about it, but we do know that gas is too high not to consider it! Thanks!

Should you refinance auto loan before getting a home loan? Is it best to refinance your current auto loan before applying for a mortgage loan or vise versa?

Does anyone know a good company for auto refinance w/bad credit? Need help weeding through the sea of bullsh** ads for a good company to refinance my car. Credit is not so great. Does anyone know a good company?

What Is The Lowest Auto Loan Refinance Company Out There? I am trying to refinance my Mazda car and currently, I am making a payment of $300 a month. What company has the lowest auto loan refinance interest rate? Needs to be available to Florida residents and it does not matter if it is an online company only. Thank you.

Auto Refinance/Refinancing older car but good credit? I've seen a few questions on this subject, but not exactly my situation.Bought a used vehicle using Roadloans. (2003) I'm almost a year into the loan and it's in perfect standing. My credit score was good then, it's better now. (750) I'm paying around 10%. Seems pretty bad. What I'd like to do is refinance with a company to get me down a few points, but it seems like I've read that some will only refi newer cars. That seems odd, as most smart lenders should want to take over a loan in good standing. So, I'm wondering if anyone has done this with a car a few years old? I'd like to keep it a "secured" loan, meaning that I'd prefer not to just take out a personal loan at a lower rate. I've found that keeping a mix of debt types keeps your credit score better. (A car loan being a secured loan, in theory as opposed to revolving or installment.) Thanks! Would love advice from those who may have done this and any specific companies, or just anyone who is versed. I'm in LA, CA.

Which is the Best bank to apply for Auto Refinance? What Banks offer less APR for Auto Refinance. I got my new vehicle 6 months ago with higher APR - %10.28

Refinancing a auto loan? I am interested in refinancing my current auto loan ~ what are some good reputable lenders that can take on a credit score of 620 ~ My current interest rate is 16% ~ however my credit score has improved (yeah improved it was worst than this) since I got my car and wanted to see if I can get a lower interest rate and payment Also can I attempt to refinance with my current lender? Does anybody think I will successful with a credit union with that score. I currently have no debt but this auto loan but I have previously had late payments to credit cards that have been paid and closed What are some things I should know before refinancing? In terms of pros and cons.

how does auto refinancing work? my father wants his name off the car loan but i dont have anyone else that will back me up so i will have to go at it alone. i have had the car for a year but i have had trouble staying on top of the payments so he wants himself off. i have the money for the nov. payment but he said that was taken care of so i offered to give him the money back that he paid for october. then he tells me that he paid october and nov. and to hold on to the money that i have. i asked why would he pay for oct & nov when nov isnt due till the 13th? i guess he fig. i would be behind then too. but i get paid thurs. i called the dealer to confirm what amount and he only paid the past due, not november so hes lied to me. i dont understand this. should i pay nov while i have the money now or wait until we decide what to do?

in need of a my car title to do auto refinance. do i need the co-owners approval to get it from the dmv? in im wi and i need to get a duplicate title from the dmv in order to complete the refinance process. i believe we are in an "and/or" state. when i go to the dmv do you think i will need to bring along that person with me?

Can i refinance and auto loan after 6 months for a better apr? I got approved for a used car with a very high APR of 21%. I am thinking about taking the loan b/c my credit isnt the best but using it to help build my credit and then refinancing it. How soon after can i refinance my loan and will i get a much better apr on the car?

how do i get ex to refinance auto loan to stop messing up my credit? we got the loan jointly while we were married, got divorced shortly after, she maintains possession but has not been making regular payments, so creditor has been contacting me regarding payments.

Can I refinance an auto loan and use it to make a purchase? I have a Capital One auto loan, I've paid on time and more than minimum for 19 months now. I've heard of the concept of re-financing a current loan and adding to it to purchase another vehicle--probably not ideal financially but maybe good for me. Does anyone have experience with this? I share vehicle situation with my fiancee--we share the cost of the first car we're paying, and we're looking to add a second. Seems relevant based on answers.

Auto Loan Refinancing? With recent Federal Gov intrest rate cuts. Is now a good time to refinace your auto loan?

When should I refinance my auto loan? I have poor credit but was able to get approved for a new car (about $17000) in January. Of course the interest rate is terrible (18%) and I would like to refi the loan. I have been able to establish other good credit since then and have had only one late payment since January. How long should I wait until I try refinancing the auto loan and where is a good place to go? The bad reports on my credit history start dropping next January and will be all gone by the end of 2008.

Does refinancing an auto loan have a positive effect on your credit? I am in the process of rebuilding my credit. I was able to get approved for an auto loan with HSBC auto finance, but at a very high interest rate. I refinanced with Citifinancial for a significantly lower rate. My credit report now shows my HSBC account as paid/closed/never late. Even though the loan was not paid in full by me, but bought by Citifinancial, will this still have a positive effect on my score? or will it stay the same.

Best place to refinance auto loan? I want to refinance my auto loan. Who is the best lender, online or regular?

I need to auto refinance with bad credit? i need help! i have a credit score of 570 and have an interest rate on my car of 17%. I want to refinance my car, ive been paying on time and want to get a lower APR. What is the best possible way to do this? and How can i get a lower APR with my credit score? Please help!