Is it possible to refinance an auto loan that is at 19% if you have “bad” credit?
I want to buy a house with my husband but HE recently purchased a 2007 Dodge Magnum (only 8K miles) but it was at 19% interest rate. The payments are almost $ 500 per month. That payment will be hard to manage with a new mortgage. He’s only got a credit score of only 599 is it possible to refinance at a lower rate? The loan is only 3 months old and we’ve got to try to make it through the next 5 years some kind of way. Hopefully, with your help, it will be with a lower car payment. Any advice??