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Auto refinance approval!!

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Roadgeek395
Regular Contributor

Auto refinance approval!!

After only 4 months with my current auto loan I was able to refinance. My original loan was through GM Financial with an APR of 7.10% 

I tried refinancing through consumers credit union but they denied me because of a thin credit file.

I tried again with Capitol One and they approved me for an APR of 4.42%

Message 1 of 4
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pizzadude
Credit Mentor

Re: Auto refinance approval!!


@Roadgeek395 wrote:

After only 4 months with my current auto loan I was able to refinance. My original loan was through GM Financial with an APR of 7.10% 

I tried refinancing through consumers credit union but they denied me because of a thin credit file.

I tried again with Capitol One and they approved me for an APR of 4.42%


Congrats on dropping your rate!

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 4
babygirl1256
Senior Contributor

Re: Auto refinance approval!!

Congrats on your auto refinance approval with CapOne!!!

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 3 of 4
Loquat
Moderator Emeritus

Re: Auto refinance approval!!

Savings is savings…congrats on the refi.
Message 4 of 4
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