if i am upside down 4k on an auto loan and have paid 2 years on time to a sub-prime lender and trade in my care to finance a 1 year old car with a standard lender that is 10% lower interest and agreed to pay off my current loan. how will this transaction affect my credit? i am working on rebuilding credit destroyed by my ex. started at 493 and now about 550 or so (my auto-enhanced score they pulled was 593). also advice to rebuild please.
