I purchased a car in June of 2012. My credit scores were not great, by any means as I had just started to work on my credit after some rough times.
Needless to say, I did get financed through Capital One but with a huge 13.1% interest rate! I received a call this week with my Credit Union I recently
joined with them wanting me to refinance my car loan through them with a much lower interest rate...here is my question..
Since I've only had the car note with Capital One for 7 months, will it look bad to have that account closed after only 7 months and have a new
account opened with the CU? Does anyone know if this will affect my credit negatively? I'm clueless and could def use some advice on this issue! Thanks!