Auto Union | auto loan rates

October 1, 2010

Refinancing a really bad auto loan, Credit Union Recommendations?

Filed under: Credit — Tags: 21k, 7 Months, Auto Credit, Auto Loan, Auto Union, Bad Credit, Capital One, Ch 7, Credit Check, Credit Unions, Loan Credit, Refinancing Loan, Wells Fargo — @ 12:34 pm

gamblingsucks asked:

i have an auto loan that I got from Capital one right after Ch 7 discharge for 21k at 25% apr $557. I paid for it for 7 months and then had it refinanced through wells fargo for 20% apr $505 a month.

Obviously this is ridiculous to pay for a car and since im well past my discharge can I refinance again? Someone told me I should look at credit unions and Im wondering if someone can recommend a credit union i can check out online to maybe get my apr to a reasonable rate

Larry

Comments (5)

August 5, 2010

Should I apply my tax refund to my auto loan? Pros/Cons ?

Filed under: Personal Finance — Tags: Auto Credit, Auto Loan, Auto Union, Interest Rate, Loan Pros, Loan Term, Principle, Pros And Cons, Pros Cons, Savings Account, Six Years, Tax Refund — @ 3:27 am

lkg919 asked:

I have an auto loan with my credit union with a balance of 21,000, the loan term was for six years – began in 10/08, my payments are 370.00/month and I believe my interest rate is around 5%. Should I take my tax refund (6000) and apply it towards my loan?

Does anyone know how much time it would approx. take off the life of my loan? Would this benefit me in the long run? Or should I let my tax refund collect interest in a savings account?
i don’t need a loan!! i already have one.

i am not asking about what kind of loan i should get. i already have an auto loan, i am asking if i should make a large principle payment, and what the pros and cons are.

Keith

Comments (2)

July 3, 2010

Is it better to apply for an auto loan at a bank/credit union in person or online? Do you have a better chance?

Filed under: Credit — Tags: Auto Credit, Auto Loan, Auto Union, Bank Credit, Better Chance, Case Basis, Credit Union, Interest Rate — @ 9:02 am

Lilith X asked:

Is it better to apply for an auto loan at a bank/credit union in person or online? Do you have a better chance of getting a better interest rate in person because they can approve better on a case by case basis?
Oh, I’d also like to add that i have good credit. Currently it’s at 746 and I expect it to go up more at the end of this month. Only problem is my income is a bit low.

Kathleen

Comments (2)

January 20, 2010

Auto Loan Refinance Question?

Filed under: Personal Finance — Tags: 3 Years, Auto Credit, Auto Loan, Auto Refinance, Auto Union, Cards, Credit Union, Current Rate, Loan Refinance, Score — @ 10:49 pm

skiairplane asked:

My credit union approved me to refinance my vehicle for 3 years at 2.9% for a max of $25, 750.00. I owe $29,000.00. I will have to come up with the difference of $4000.00 which I only have $1000.00 of. I can take it off of one of my cards at 0% interest till 2010 and pay it off in 3 months. My question is is that wise? My current rate is 7.9% on the vehicle. When I bought it a year ago my score was much lower then it is now. Any thoughts?

Marjorie

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