auto refinancing

[charw812]

This is my first time posting and I would love some advice.  I am currently rebuilding and repairing my credit and I am looking at trying to refinance my vehicle.  My loan is with CAC with an interest rate of 24%. I have made 11 payments all on time.  Any advice who might approve me for refinancing with a ex score of 577 eq 524 tu524 ?

[Luscher]

Credit Union.

[pizzadude]

Assuming that your auto history is all good, then it could help you with refinancing.   However it sounds like there are major / recent derogatory items on your reports, so that is still going to weigh against you.

I agree that a local CU or bank might be a good idea ~ talk with a loan officer, explain your situation ~ they might be able to offer a better rate.     I'd definitely recommend getting out from under that 24% rate as soon as possible.