Tag Archives: car loan
Is it possible to refinance a car loan with one’s current auto loan bank or institution?
lightning_strikes asked: I currently have an auto loan with Bank of America. I am paying 9.7% APR. I’m considering refinancing just to get my interest rate lower. In fall 05, I started it w/ a loan balance of ~$27K. In 1.5yrs, I’ve paid down the loan to a little under $15K. Currently the car has … Continue reading
Car Refinance?
Gracie asked: I applied and approved for a car refinance loan with Wells Fargo. My question is, I owe $26,000 for my car but the blue book value is only $17,500. Will I have to pay the difference between what I owe and what the car if valued at? I can’t call Wells Fargo’s customer … Continue reading
How high are interest rates on a car loan on bad credit?
lei514 asked: I just want to get a general idea from people who have or who have known someone else who have gotten a car loan on bad credit and how high the interest rate is. Let’s say the applicant has a well-paying job but only for the past few months (say, 90k/yr). Looking at … Continue reading
