Overhaulin'

Car Loan Refinance with credit score 675.?

I have my car loan for 63 months, 11% interest, right now I'm on 15000 pay off and I've been paying for 11 months. My credit score rose from 620 to 675 now so I think it might be a good time to refinance it. Should I contact my credit union [my loan company] or a bank? I've seen Bank of America offers 6% on used car refinancing, will I be able to get approved with my credit score? Thank you

Public Comments

1. Most people know that they can refinance their house, but fewer know that it's possible to refinance a car loan, too! It's become extremely popular in recent years. And it might seem like a silly idea, since most car loan terms are short--typically three to five years. If you got your car loan when rates were high, you may be able to get a lower rate now. http://www.worldbestloans.com/refinance-car-loan-bad-credit.htm Many car loan lenders that will refinance your loan don't charge any fees. That means no application fees, no fees for paying off your first loan early, and no other extra charges.
2. yes its possible for you to get a car loan with the credit score of 675.don't worry its better for you to try for an online loan.i think that the below website will help you to find right solution.
3. freecreditreport.sinfree.net - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.