My mother bought a Hyundai Elantra two years ago and had horrible credit so she had a high interest rate, she is curious too see if she could now get a lower interest rate if she refinances, I'm not sure what company/bank is the best for giving low interest rates though or if she should just try too go through Hyundai Financial (which she already is doing)
2007-03-04 16:03:10 · 4 answers · asked by tampabay5400 1 in Business & Finance ➔ Credit
She should check with her bank or credit union.
If she doesn't belong to a credit union, tell her to join one. They are usually better as far as interest rates than banks.
Just because a person is not in the line of work, etc, that a credit union requires does not mean that person cannot join. Look at the membership requirements. Many credit unions will list a community type club that a person can join, for a small fee, and then the person would be eligible to join the credit union.
2007-03-04 16:26:52 · answer #1 · answered by echo 7 · 0⤊ 0⤋
Try going through a credit union. They have the most competitive rates.
But don't go trying every Tom, Dick, or Harry out there. Every time you have a bank or finance office pull your credit bureau it brings your score down. It can ultimately hinder her efforts if she is trying to rebuild her credit.
2007-03-05 00:27:31 · answer #2 · answered by crisagi 4 · 0⤊ 0⤋
Wells Fargo Auto Finance is a wonderful group to work with. I have not had any problems at all, and they are extremely helpful in answering any questions you may have. Talk to your bank and see if there is anyone that can help you out there as well.
2007-03-05 00:06:52 · answer #3 · answered by Anamika 2 · 0⤊ 0⤋
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2007-03-05 02:50:14 · answer #4 · answered by Anonymous · 0⤊ 0⤋