It might be worth your while to check with a CU or two, but 18 and change down to sub-12, is a nice boost. I'm hoping for similar on my current 19.35 WFDS loan, though I don't plan to apply through them. If you're shopping though for a new loan, it really doesn't hurt to look at a few in a short time period to see if you can get that 8% or even lower. It may be possible, there's a number of CU's which are spamming me to refinance my auto with them, but I'm hanging out to hit the six month mark on my current loan before I try to pull the trigger.
Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)Current Score: EQ 660, Wally TU 697, EX unknown (05/13/13)
Goal Score: 680 in all three (01/01/14)
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Starting Score: 650
Robertris2 wrote:
Well, I was denied my chase, boa, cap1 and another third party.. One even tried to increase my rate! So, I settled with WF for 10.75% @ 60 months. I'm saving 90 bucks a month, from 357 to 267 so I'm fairly happy. Thanks for all the support.
That is awesome news, congrats!
A suggestion too, something I am doing after my recent refinance. Since you already were planning to pay $350 per month, why not continue to do so? This will get your car paid off even quicker and save you even more money on interest.
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