Looking into refinancing my auto loan. I don't have the best credit since starting over from a bankruptcy. How would I proceed?

Asked by Andrea

1 Answer

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Answered by Brenda Robinson, Financial Adviser in Easton, PA
It depends on who you ask. Some believe that you shouldn’t even try to refinance an auto loan after bankruptcy unless it has been more than 3 years.

If it has been a while since you went through bankruptcy, then you have probably already discovered how difficult it can be to get financing.

It might be that you needed a vehicle and your only option was to take a high interest rate loan. But it is possible that you might not have to be stuck with that high interest rate forever. You should remove the bankruptcy first. | 10.20.15 @ 20:14
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$commenter.renderDisplayableName() — {comment} | 12.04.16 @ 08:34
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