Refinance question

[Anonymous]

I bought a car in Oct 2016. Trade in was upside down (bank lend me about 133% of car price). It was 75 month, 6.9% APR

I made a couple of payments and put 25k down in April.

So, now the loan is about 47% of that car worth.

My CS is about 720..740. CC utilization is 0..1%, zero derogs, AAoA is about 1y 4mo, 35 accounts, 33 TU inq, 20 EQ inq.

Is Bank of America is a good option to refinance? I'm a platinum preferred customer. Any other good option for me? Does refinance involve any fees or additional payments?

[Appleman]

You are in a great position to re-finance your car. There is a discount on the APR for being a Plat Preferred member.

If you are able, i would look into PenFed or DCU for doing a refinance. They may beat BofA. I know for DCU and PenFed there are no fees or extra payments.