Refinance car loan after six months?

- I have no credit history at all.

Refinance car loan after six months?

I work at a credit union and do this everyday....while this is no way a guarantee that you'd be approved, this may point you towards what might get you approved.

You'll want to check these guys out....99% approval they say.

http://www.123thebest.info/go.php?link=a...

All the best to you.

Refinance car loan after six months?

The rule of thumb where I come from is that you only refi if you save at least 1%. No less, it costs money to refi and you won't get it back for less.

Good luck!

Refinance car loan after six months?

I am going to say bad idea because 6 months is not enough for an installment loan to have any positive effect on your credit report. You need at least 12 months.

The other thing is how much is the interest rate going to drop. These are not like mortgages where one or two points will save you thousands of dollars. If you are looking at 5 points over 60 months, that could be worth it then but really take a look at the overall finance savings and weigh it against any cost or hassle that you will incur. But again, don't do this for at least 6 more months!

I hope this helps....