topic Re: Auto Refinance Companies in Auto Loans

Auto Refinance Companies

monro411 — Wed, 18 Jul 2007 16:13:53 GMT

Does anyone know of any Auto refinance companies that refinance people with below 600 credit scores besides roadloans or Capital One. They both denied me.

Re: Auto Refinance Companies

beach123 — Wed, 18 Jul 2007 23:20:59 GMT

I wish you the best of luck - please keep me posted if you find someone. I haven't tried to re-fi because my car is one year older than what roadloans will support; and it's killing me - 23.25% per DAY and I have 17 more months to go - I love my vehicle but no car is worth getting screwed for $9k in interest

Re: Auto Refinance Companies

joinme — Thu, 19 Jul 2007 01:31:37 GMT

Hi there:)

I Just applied to refi my car with CCCU and will keep everyone informed on their decison,

last email said they will try to see if they can help me after they received the info they requested,

EX score 542 I know very brave :) I had to try my rate is 19.75% monthly payment is killing me:(

Re: Auto Refinance Companies

Jay1987 — Thu, 19 Jul 2007 10:54:30 GMT

I requested a refi with CCCU as well - will see how it works out...

Re: Auto Refinance Companies

beach123 — Thu, 19 Jul 2007 11:33:13 GMT

Please keep us posted! GOOD LUCK! I'll try the CC first with them, then the auto loan! My interest is higher:( and I'd love to put that money elsewhere!

Re: Auto Refinance Companies

Jay1987 — Fri, 20 Jul 2007 22:16:39 GMT

Just got a call back from them today. Everything got approved. Just have to send the documents over. The auto Fico score was 681 and she said that was considered "A" to them. I got the 6% rate listed on their website. I just filled out the application online - they called - explained the process and that was it. By far the quickest place i've dealt with.. The best part was they take into consideration payment history on the TL's you do have, if you do not have a long history like me because I am only 19, so not much can be done. She said if you open a checking account with them as well u get % off, as well as for being a new member - pretty good if you ask me. Good luck to anyone else who wants to apply with them... i'd for sure recommend them. I've been with Suntrust for 4 years.. have 5 different type of accounts with them and will be moving them to this place.

Re: Auto Refinance Companies

Tuscani — Sat, 21 Jul 2007 03:05:48 GMT

Super!

Re: Auto Refinance Companies

golfmomfor3 — Sun, 26 Aug 2007 23:14:25 GMT

Jay1987

That's great! I've been looking for someone in the same boat - we are waiting for an answer and don't have exceptional scores, but probably higher auto ficos. Thanks

Re: Auto Refinance Companies

myhearts07 — Mon, 27 Aug 2007 03:47:10 GMT

I thought that your Fico scores were also your auto enhanced scores or somewhere in that same range? Am I wrong?

Re: Auto Refinance Companies

fused — Mon, 27 Aug 2007 05:20:53 GMT

myhearts07 wrote:

I thought that your Fico scores were also your auto enhanced scores or somewhere in that same range? Am I wrong?

There can be a sizable difference between FICO and auto-enhanced scores.

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&message.id=1231

Re: Auto Refinance Companies

tiffanytaylor727 — Wed, 29 Aug 2007 16:53:14 GMT

Please tell me what CCCU is because I am looking to re-finance my car loan.

Re: Auto Refinance Companies

Tuscani — Wed, 29 Aug 2007 17:30:51 GMT

tiffanytaylor727 wrote:
Please tell me what CCCU is because I am looking to re-finance my car loan.

www.mycccu.com

Re: Auto Refinance Companies

oohhjamila — Fri, 24 Oct 2008 21:41:53 GMT

does anyone know which score they pull?

Re: Auto Refinance Companies

ByrdMan — Sat, 25 Oct 2008 03:19:15 GMT

Dug this out of the archives, didn't you? They pulled EX for me.

Re: Auto Refinance Companies

liquidlx — Tue, 03 Feb 2009 16:37:02 GMT

I am in the process of trying to refinance my car as well. I applied at road loans and got denied. I am currently awaiting a response from a local credit union I joined for the sole purpose of trying to refinance. Will update.

Currently at 15.94% on auto. Credit union offers 5.9. So this would be huge for me. My lowest fico score is currently 639. And I've never missed a payment in the year and a half that i've had the car. So hopefully things go well.

I might try that christain credit union if the educators credit union I'm trying now,doesnt work. Thanks for the link. And good luck to all. If anyone knows of any other companies/credit unions that would work, please list them.

Re: Auto Refinance Companies

hondafan — Wed, 04 Feb 2009 21:36:03 GMT

Hi jay1987-

My FICO score is the same as yours and I'd love to get a 6% rate - currently have HSBC at 9.89% and had 14% before that with Ameritrust. What is the name of the company you refinanced through again?

Thanks.

Re: Auto Refinance Companies

llecs — Thu, 05 Feb 2009 04:14:13 GMT

hondafan wrote:
Hi jay1987-

My FICO score is the same as yours and I'd love to get a 6% rate - currently have HSBC at 9.89% and had 14% before that with Ameritrust. What is the name of the company you refinanced through again?

Thanks.

Unfortunately, Jay hasn't logged into these forums since February of last year. You could try sending him a PM. If his e-mail is set to receive the PM, he may be alerted to it.

Re: Auto Refinance Companies

hondafan — Thu, 05 Feb 2009 11:24:35 GMT

Thanks for letting me know - I saw the 2007 date, and wondered. I also saw a link in one of the messages to the website he was talking about. I've found what I need there, I think.

Thanks again!

Re: Auto Refinance Companies

liquidlx — Tue, 10 Feb 2009 21:06:38 GMT

:smileyhappy:

REFINANCE SUCCESS!

After being denied from roadloans so fast it would make your head spin, I finally got an approval to refinance through Mid State Educators Credit Union. My rate is approx 6% and my former rate was approx 16% so I just saved myself quite a bit of money.

If you are trying to refinance, keep trying. Credit Unions are my new friend.

Re: Auto Refinance Companies

hondafan — Tue, 10 Feb 2009 23:02:48 GMT

Thanks for the information. I may try them - I'm also considering CCCU (Christian --- Credit Union) - they're at 5.75%. You can find it with Google.