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You can still refinance an auto loan with bad credit, but getting a good rate can be difficult. Borrowers with low credit scores generally pay much higher interest rates. If you have poor credit ...
In fact, many online lenders offer bad credit auto loans with competitive rates and generous repayment terms to consider. Next steps. If you have bad credit, it may be tougher for you to get a car ...
You can refinance a car loan with a bad credit score to get a lower monthly interest rate if you can boost your credit score compared to the time of your original loan.
The first step is to get quotes from lenders that are willing to refinance car loans. You'll need to provide the lender with basic information about your credit score, vehicle, and payment history.
Auto loans for bad credit tend to have much higher interest rates that could cost you thousands in the long term. To get the best rate possible, even with poor credit, try saving up a large down ...
When you refinance a car loan, the bank will run a hard credit inquiry. This action will reduce your credit score by a few points, but that's not the only factor in play here.
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