Refinancing with high negative equity

[Anonymous]

I currently own a 2017 Honda Accord (the basic model). I owned it since last June after I traded in my '17 Nissan Sentra (I was having issues with it from the start). My credit wasn't the best at the time, so I had to have a co-signer. I have about $13k of negative equity at the moment because of the trade (I know I put myself in a predicament but I've learned from it). Is there any possibility of refinancing even with a decent down payment? I'm in the process of rebuilding my credit & I'm sitting at between 582-610 FICO Auto 8 score.

[pipeguy]

Welcome to the forum - DCU will refinance 120% of retail value (don't remember if its NADA or Bluebook), however, your current listed FICO scores are going to pretty much prevent approval. My advice is to follow the rebuilding forum advice and get your scores into the 680-720 range before you apply to DCU or another credit union, and yes I would use a credit union as their rates tend to be better than banks and they tend to like the "refi" business which means higher vehicle values (120%) for qualification and lower interest rates.