can i refinance my auto loan after four payments, current apr is 17% looking to lower it
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Yes, as long as you qualify for a better loan, it is better to do it now to save the most in interest.
Yes. Keep in mind that your current loan balance may now better greater than the value of the car.
yes but be quick about it — longer you wait you made have a upside down loan!!!!
My guess is you took the loan at 100% financing with not so great credit when you drove off the lot you lost at least 15% of the worth of the car and again if your credit was not so good you will only be in worse shape if you can get a loan at all. Four payments will not increase your credit score and the checking of your credit by banks will actually lower it some more, more than it has already been lowered by the banks checking on your first report to get the loan. Refinancing a car only puts you more out of equity, and more in debt and lets face it we all want to trade it in after a few years then recycling the loss of equity and increasing the expense. Bottom line do not do it
It might really save you some money to just get an auto loan price online to check out what the going rates are. You might be pleasantly happy. Also if your credit is not the best, a lot of them are more willing to work with you.
What I most often tell friends is that an internet quote at http://auto.lowratetoday.com is the way to go.