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One should pay off their existing car loan with a new loan of lower APR. This lowers the interest rates of the new loan, which is a very good idea. Using different websites which show refinancing auto loan rates, they can help one save a few percent and their monthly payments are lowered.

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Q: What are two tips for someone with bad credit trying to refinance an auto loan?
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Related questions

Does credit acceptance refinance auto loans?

Does credit acceptance do refinance

How can one get a auto loan refinance with a bad credit?

One can get an auto loan refinance with bad credit from several providers of this type of loan from such companies as, Road Loans, Get Me Car Finance and Midland Credit.

Is it easy to refinance an auto loan?

Getting a refinance auto loan can be hard or easy for some people, because it depends on your credit status. If your credit score has improved since your last car purchase, you have great chance of getting approved for a refinance auto loan.

Where can one go to get a bad credit refinance auto loan?

A person can try Road Loans the website to get a loan to refinance their car while they have bad credit. One can also try BankRate, Harbor Credit, eLoan, or use Auto Credit Finders.

Where can someone with bad credit refinance an auto loan?

Reputable lenders are likely to be the only solution if someone has developed bad credit. An auto loan is a loan taken out against a person's car, and if the payments are extremely high for any reason, it is likely that the person will not be able to afford the repayments.

Do auto refinance loans generally come with high interest rates and how do I qualify for one?

Auto refinance loans do typically have higher interest rates than new purchase loans. You can get refinance loan from many major banks and credit unions.

Where can someone find an Auto Loan Refinance Calculator online?

One can find an Auto Loan Refinance Calculator online at Lending Tree or PNC. One could also find an Auto Loan Refinance Calculator from Nationwide or NFM Lending.

Where can one obtain a refinance on an auto loan with bad credit?

Lending Tree, Road Loans, Auto Credit Express, CarsDirect and Harbor Credit are all places to see about refinancing an auto loan with bad credit. Local banks and credit unions, may also be able to help with this.

Can you refinance your auto if you have bad credit?

There are a number of credit unions and banks that will refinance car loans if you have bad credit. In Australia, institutions such as Commonwealth Bank and Westpac are able to cater to this. It is also possible to arrange for your bad credit history to be cleared of minor offenses if you speak with an accountant, or a company specializing in helping people with bad credit.

How can refinance my auto with a better interest rate?

You ca refinance your auto with a better interest rate at Another good site is

Refinance Auto Loans?

Refinance auto loans are a great way for people to save on their monthly bills and to lower interest rates. However, there are many options from which one can choose, which is why it is important to shop around, know one's credit score, and really understand what one wants to accomplish from this refinance. With this in mind, one can compare rates online and can also talk with an existing lender to find the best prices on auto loans. This could end up saving a person quite a bit of money.

Can the primany buyer of an auto loan refinance the auto loan in the cosigner's name only?

No. The cosigner would have to apply for a loan in their name using their credit, income data.