Regular Contributor
Bleety17
Posts: 169
Registered: ‎06-24-2011
Should I Refinance?
[ Edited ]

I got an Autoloan last year through Cap1Auto. My credit score was 547 and my Interest rate is 16.9

I am just starting to fix my credit. I have always made my car payments on time. Never late.

 

As soon as i get my tax return I am paying off most of my old debt.

 

How long should I wait before trying to refinance? Should I wait untill my score gets in the 600's?

 

(72 month loan)

USAA Mastercard-$2000 USAA Visa-$2000 USAA SC-$300 NFCU-$12500 Walmart-$600 BestBuy $1000 Navcheck 3000

available credit- 2013 300 2014 21,400

2-4-14 Gardening