I have good credit and i have been paying extra each month on my car note. If i refinance will that benefit me and will I pay less each month.
2007-05-24 11:02:30 · 3 answers · asked by Sheena T 1 in Cars & Transportation ➔ Buying & Selling
Anything is better than paying 12% on a car note. If your credit is good though, why are you at such a high interest rate? Call your creditor and see if they will refinance it internally first.
2007-05-24 12:25:36 · answer #1 · answered by Jay P 7 · 0⤊ 0⤋
Wells Fargo did not placed you into this upside-down difficulty. you probably did that to your self. no one made you're taking the internal maximum loan and you like a central authority application that may additionally assist you out because of the fact you made a stupid selection? even however, you look older and wiser now, and have found out this wasn't a solid deal. regrettably, the only way out from under this very own loan is to pay it off. which you will not do except you have a equipment of money someplace. you could not sell the truck except you will pay something of the internal maximum loan off. you fairly can't commerce it in, because of the fact it fairly is the way you got throughout this mess. you're purely going to might desire to not elementary it out and save making those money to Wells Fargo financial each and each month. evaluate this an high priced lesson.
2016-10-13 09:15:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Calculate the savings in interest with your current over payment and add in the extra re-financing fees. If that cost is less than just paying it, go for it. If not, pay it like you are
2007-05-24 11:10:55 · answer #3 · answered by Anonymous · 1⤊ 0⤋