2006-10-16 02:43:20 · 4 answers · asked by holla 2 in Cars & Transportation ➔ Buying & Selling
Depends on how "Bad" your credit rating is; since you say you have "Bad-Credit" all I know that you can really do, is change your "bad-habits." Start by paying all of your bills on time (before the due date) pay a little extra on your car loan.
You have shown that you are a "bad-risk" with "bad-credit." To rebuild your "credit-worthiness" you will have to make every payment on time for the next 6-12 months, before anyone will even think about taking you on as a "risk"
I know this sounds "Harsh" but you did something to cause your "bad-credit" and only you can change that over time. I'm sorry but put yourself in the creditor's shoes, would you loan "you" money, or refinance a loan for you? Probably not! But as I said; If you make every payment on time and even pay extra on some loans for the next 6-12 months, you are clearly showing that you are taking your life and responsibility(debt) very serious, and you are proving that you are trustworthy....
Good Luck! There is no fast easy way for you to get out of this "mess" that you put yourself in, except pay your bills on time...
2006-10-16 03:17:54 · answer #1 · answered by 1moe4u 3 · 0⤊ 0⤋
Not gonna happen. Pay all your bills on time, get your credit score up, and then you'll have negotiating power.
BTW, refinancing a depreciating asset (like a car) is a very very very bad financial move 99 times out of 100.
2006-10-16 05:16:45 · answer #2 · answered by Manny 6 · 0⤊ 0⤋
Apply.
The worst they can do is say "No." But some lenders are so desperate for clients they would accept almost anyone as long as they have paid on time and haven't defaulted on the loan.
So if you've been making timely payments, your credit has improved. You never know unless you try.
2006-10-16 08:30:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You don't. Sorry.
2006-10-16 03:06:24 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 0⤋