How much longer until I should try to refinance?

[WallyxD]

My moms eligible to refinance her auto loan. She just bought her score from the site about a week ago and I forget which one, but she had a Fico of 600, which is up from her score of what the dealer said was around 500 (back in November 2011). Her interest rate was 21%. Monthly payment of $464 for 48 months. She only has one revolver (a secured Capone card with a $300 limit). Annual income ranging from $42,000 to $46,000. I suggested that she wait until the end of the year where she'll hopefully have a couple more revolvers and/or pay off her tiny collections so that she'll get an even better rate. What rate could she expect to get?

[SamsungHDTV]

no idea what rate to expect, but I would suggest credit unions.

[Anonymous]

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@WallyxD wrote:
My moms eligible to refinance her auto loan. She just bought her score from the site about a week ago and I forget which one, but she had a Fico of 600, which is up from her score of what the dealer said was around 500 (back in November 2011). Her interest rate was 21%. Monthly payment of $464 for 48 months. She only has one revolver (a secured Capone card with a $300 limit). Annual income ranging from $42,000 to $46,000. I suggested that she wait until the end of the year where she'll hopefully have a couple more revolvers and/or pay off her tiny collections so that she'll get an even better rate. What rate could she expect to get?

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She can check auto rates within her credit report (Tab 3 "How Lenders See You" in credit report, if bought from this website) as a baseline. I know it's just for info purposes, but it may help in a way. You can try Credit Unions for refinance.

[jetsfan2013]

CU are the best bet to refi.