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timotiger
Posts: 52
Registered: ‎09-20-2012
Re: Seeking advice on auto refi after BK

llecs, thank you. I was trying to apply using Ally Bank and I kept running into problems trying to initiate a refi. I figured it was a sign and threw in the towel. Can I ask a follow up question? I have the ability to pay the final $6300 off quickly. Does it make sense to zero out the account that is reporting derogatorily, or to keep the installment account open and continue to make the monthly payment to let the credit season?  Thanks again for your answer.