Overhaulin'

When can i refinance my car loan ??

i bought a car on June 5th this year ( 200-7-) Now i pay around 425 dollars for it every month , and as per insurance around 198 . i make around 750 dollars a month . i am doing this because i want to be independent from my parents. If i don't start somewhere then i will never be on my own . anyway emotional stuff aside..hehe. When can i refinance my loan , currently it's around 6-7% I think my credit score went high , my equifax is 669 , when i checked right now on creditinform.com. I have chase bank , you think they can lower it ? do you know how much lower they can go ? around 300 maybe? i am goin to take defensive driving class also , i heard that saves a lot of money also on insurance.. Please help , : ) thanks , have a nice day.

Public Comments

1. You can't refinance a car loan. You can go to the bank and take out a personal loan to payoff on the car at a cheaper interest rate and maybe a longer time frame to lower your payment.
2. take the driving course and wait for jan before refinance
3. Try going to this site, they have lots of information about this sort of stuff.