Established Contributor
Posts: 760
Registered: ‎02-11-2012
Re: Auto Refinance Smart?

You have not said what the remaing months, the payment, year or condition is on your truck. +1 to the above refi response. Bottom line what is your objective? Are you too tight on cash flow with all of the payments? Then you would be prudent to reduce your current debt and save some more money towards a rainy day fund and your downpayment. YMMV., just a suggestion.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico), EQ 849 (Next Gen 5/27/14 Penfed)

Remember the Three P's: Pay early in Full, Pay on Time, Patience