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I have an auto loan with GMAC my payments are really high, how can I decrease my payments, is refinancing the answer and can I refinance with GMAC?

2007-01-10 12:58:46 · 11 answers · asked by chinababydoll1975 1 in Business & Finance Credit

11 answers

Have you tried searching on the net. There are a lot of lenders advertising here and you may find one that suits your circumstances. You might be looking at a consolidation loan.

2007-01-10 13:34:32 · answer #1 · answered by SEO 3 · 0 0

I am in the process of refinancing my car loan myself. I went to lendingtree.com and had 4 offers come back, 3 of which were completely absurd and the payments higher than what I have now. The 4th one was lower interest, lower payments, and lower term, and with an actual bank, not some finance company like GMAC.

Also try talking to GMAC. They may allow you to refinance if you meet certain criteria, but I would suggest looking elsewhere as well because you may get a better deal.

2007-01-10 13:26:31 · answer #2 · answered by bundysmom 6 · 0 0

1

2016-09-27 21:48:32 · answer #3 · answered by Herbert 3 · 0 0

You should take a look at the options you can find at: HTTP://CREDIT.SAVEFINDER.NET

RE I have an auto loan with GMAC my payments are really high, how can I decrease my payments, is refinancing the?

I have an auto loan with GMAC my payments are really high, how can I decrease my payments, is refinancing the answer and can I refinance with GMAC?

2014-09-13 19:56:07 · answer #4 · answered by Anonymous · 0 0

This site is for comparing rates for you and free http://www.CREDITVAULT.NET

RE:I have an auto loan with GMAC my payments are really high, how can I decrease my payments, is refinancing the?

2014-07-25 03:08:27 · answer #5 · answered by Anonymous · 1 0

Yes you can refinance with gmac. Sometimes depending upon your payment history, they will get you a better interest rate which will really make your payment go down. I would personally shop for a better rate with companies other than gmac.

2007-01-10 13:09:00 · answer #6 · answered by Anonymous · 0 0

You can call GMAC to see if you can refinance. You can also do a search on auto refinancing.

2007-01-10 13:23:50 · answer #7 · answered by kelly h 3 · 0 0

Sell the car, and start over. If your a home owner, you can refinance your home. Mortgage rates are way lower that car loans.

2007-01-10 15:10:56 · answer #8 · answered by Anonymous · 0 0

(a) refinance, (b) get someone to take over the payments, (c) sell the car. Good Luck. J-W-M-U

2007-01-10 13:02:58 · answer #9 · answered by Just Wind Me Up 2 · 0 0

Try http://goo.gl/K81Bf2

2016-07-19 13:50:08 · answer #10 · answered by Anonymous · 0 0

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