Consumption and Real Estate
refinance?
Question : refinance?
what are the steps and/or qualifications to refinance a used car?
refinance
Best answer:
Answer by jkduehring
Don’t do it. If you can’t afford the payments and have to refinance then you will be upside down owing more than the car is worth. Sell the car and get one you can afford. M2C.
If you are in the middle of a loan with a high interest rate, and have made your payments on time for several months, refinancing your car can save you tons of money. Check out the following web site:
http://www.creditunion.coop/
Find your local credit union and apply. I don’t suggest extending the term on the car, even if they will, hopefully a rate reduction will help.