I have had my auto loan since December 2008. It was originally for $17,000 at a 12.15% interest rate, because it was shortly after I turned 18 and had no credit history. My current balance is $5800 and hope to have it paid off by the end of this year, even though the maturity date isn't until December 2013. I can get refinanced through my credit union at either 1.99% or 2.99%. Would it be worth it to do so, and have another new, young account on my credit? Or should I just suck it up and finish paying it off? Thanks in advance!
