Refi Approval! (Local Credit Union)

[manbuckets]

I'm so excited y'all! After reading this forum and realizing how much lower my interest rate for my car could be, I made it more of an effort to try and refinance as soon as possible. And after some digging for a month, I chose to go with my local CU and got approved!

APR: From 10.49% to 4.74%

Monthly Payments: $350 to $306

Loan Term: 63 months (Carried over same amount of months from previous auto loan)

[babygirl1256]

Greetings manbuckets ~ Congrats on your refi -and- lowering your APR. I really need to do the same thing as my current APR is 12.47% financed in 2017 when my credit score was then 592 . . . I only have 2 years left on my note -but- I could still save on interest! Thanks for posting.

[Loquat]

Very nice @manbuckets, congrats on the refi. Enjoy the lower interest rates and the savings. I'm sure you can find something better to do with an extra $44 a month than to pay it in interest.