2006-07-26 02:49:47 · 5 answers · asked by touchemupent 1 in Business & Finance ➔ Personal Finance
At least 6 months to a year otherwise you won't get passed the door
2006-07-26 02:54:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Usually your bank will look at it favorably if it is at least 18 months. Especially if it's a situation where your credit wasn't great to begin with. It show the bank that you can be consistant and reliable and you may keep the car through out the term of the loan. Keeping it meaning you're at less risk of a repo. not whether or not you decide to trade. Also they will review for any past late payments with the current existing loan. Make sure you pay on time each time before you approach the bank. One thing I do not advise is when you shop around, allowing each bank to pull your credit. Pull your score yourself, go on-line do some homework as to which bank offers the best rates. Take your report with you when you find banks that may suit your need.. If they are simply checking to see if they can loan you the money, don't let them pull it for themselves.Do you know that can lower your score? This will effect intrest rates and you may not get the best refinance loan you deserve. Good luck.
2006-07-26 14:07:16 · answer #2 · answered by annesome 2 · 0⤊ 0⤋
You need to have 6 months of on time payments.
2006-07-26 09:57:58 · answer #3 · answered by Boricua Chic 3 · 0⤊ 0⤋
3-6 month on time payments...
2006-07-26 09:53:14 · answer #4 · answered by 'Cause I'm Blonde 5 · 0⤊ 0⤋
you can refinance your auto here
http://www.researchitforme.com/wesayes/loans
scroll down on the right side rate genius
2006-07-26 11:10:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋