sis2sis asked:
I recently bought a car, and had to take a loan with an interest rate of 24.99%. That means that I’m going to pay double for my car once its payed off. I’ve been hearing that I can try refinancing after 6 months of “on time” payments, but I’ve applied twice now, and been turned down both times. Does anyone know anything about this. Who I can call? Or how long I should wait before I try again. The company that financed me does not offer a refinance option.
Tiffany
I recently bought a car, and had to take a loan with an interest rate of 24.99%. That means that I’m going to pay double for my car once its payed off. I’ve been hearing that I can try refinancing after 6 months of “on time” payments, but I’ve applied twice now, and been turned down both times. Does anyone know anything about this. Who I can call? Or how long I should wait before I try again. The company that financed me does not offer a refinance option.
Tiffany
Vivian
Try the mafia.
Comment by jean luc — June 20, 2010 @ 10:30 am
Claudia
I am in a similar situation, but 14,9% I have been receiving letters from HSBC that they will fund a re-fi, but the details show that the car has to be 2001 or newer, less than 80K miles, etc. Oh, and not a hundai or Kia. you might try HSBC, or discuss with a credit union
Comment by Erik — June 20, 2010 @ 6:18 pm