I purchased a car 2 years ago and took a bad apr 22.5% becuse of no history. I owe 9k and the car is worth 7.5k trade in value. My question is has anyone ever gone back to the place where they recieved a bad loan and were able to negotiate a more resonable rate on another loan from them.
To make it short and sweet i was to trade in my current car, roll over the -1.5k into a new loan while lowering my apr to a more reasonable 5-6%. 2 years history, no baddies, all payment on time and 3 revolving account. 705 avg. score.
Thanks. I'm pretty sure I can get a low apr somewhere else but i'm trying to see if i can circumvent another HP by using the same lender. So i'd like to comtinue my relationship wit them. I just want to know if anyone had sucessfully done this.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! 
Last App: 4/5/13 Gardening until July 2014