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!
Answer:
A lower rate than 17% with a score of 570 may be tough-- and you dont know what bureau they will go for, and I'm assuming 570 is your HIGH score? You have 3.
Your first option is to call up the original loan company and ask if they can lower your rate with a refi since you've paid on time-- thats your best bet.
It could hurt your credit score, though-- its better to have the same accounts for long term than to be opening/closing them.
yo
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
Other Questions and Answers:If a creditor removes a derogatory statement from your credit files with an apology?
is there a statue of limitation for collecting money on a debt? is there anything i can do to protect myself ?
Im 19 a Student no job but get $2000/month from college fund and have no credit.Where can I get a car loan?
Whats the difference between debit and ATM?
why did my FICO score drop 30 pts. From Aug. 29 - sept.11 my credit was pulled both times for mortgage loans?
sue'd by credit card company what should i do?>?
How to improve my credit faster?
How safe is to give credit card details over phone.?