Re: How soon is too soon to refinance an auto-loan?
10-07-2012 09:02 PM
I would think it depends on how much better the new rate is. I used my good credit to refi my mom's new car less than a month after she bought it.
Dropped her rate from 6% to 1.99%. Seemed worth it.
Goal = FICO's>800 || In my wallet: CostcoAmEx(20k), DCU Visa Platinum (10k), BoA Visa Signature (17.1k), Walmart Discover (7.5k), AmEx Corporate (5k). All PIF every month.