2007-02-09 01:28:12 · 5 answers · asked by joanmariebaer 1 in Business & Finance ➔ Credit
As many times as your bank allows.
2007-02-09 01:32:44 · answer #1 · answered by ruth4526 7 · 0⤊ 0⤋
You can refinance as many times as you want, however that is impractical for the following reason.
99% of the finance companies charge you the interest up front before you pay the balance or the "principal" of the loan. So if you transfer loans frequently you will *ONLY* pay your finance premium and not the actuall balance/principal of the loan.
Be carefull and try to only re-finance once. Cars are impractical for multiple re-financing after a period of time not only because of depreciation but cost of lending and the above issue of how loans are funded and paid by your lenders.
2007-02-09 01:37:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
As many times as your financial institution will allow over the course of the loan.
Most don't want you doing it more than once a year - but it also depends on the amount involved - and your payment amounts.
2007-02-09 01:32:22 · answer #3 · answered by joemammysbigguns 4 · 0⤊ 0⤋
As many times as your bank will allow.
2007-02-09 01:59:02 · answer #4 · answered by ? 7 · 0⤊ 0⤋
For personal finnance
2015-04-23 09:41:43 · answer #5 · answered by Anderea 1 · 0⤊ 0⤋
it depends on where you have your loan. They would make that decision.
2007-02-12 15:44:18 · answer #6 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
Here you can get rates: http://WWW.CREDIT-AND-FINANCE.COM
2014-05-27 14:55:15 · answer #7 · answered by Anonymous · 0⤊ 0⤋