@Anonymous wrote:
I currently have a loan with Ally Auto for 51k at 6.75%. The loan originated in June of 2014. I have since paid off all my credit cards and I am currently debt free except for the car and mortgage. I would like to refinance for a lower rate. My local CU offers rates as low as 1.9%. Being that I just paid off my credit cards, when should I refinance?
when your next statement for your credit cards show they are paid off is when you can be sure your credit reports probably reflect the same and can go ahead and refi.
