Refinance my car loan with a Credit Union in Austin, TX?
I still have more than 5 years to pay but with my high APR I believe I could get a lower payment if I’ll refinance..
Do you know of any reputable Credit Union here in Austin who can give a very good deal?
Sponsored Link:
Related Post
Other Posts:
- My 5/1 arm will reset in 18 months, should I refinance home mortgage now, or wait for few more months?
- Can your wages get garnished if you are making payments?
- Who owes more? My Student Loans or Ecuador's National Debt?
- Forclosure and student loans?
- How much equity to refinance home?
March 2nd, 2010 at 7:57 am
You might want to try Velocity credit union, or A+, or University
March 2nd, 2010 at 8:43 am
Austin Telco is good.
March 2nd, 2010 at 8:57 am
Shop around.
Don’t do it if you aren’t going to save a significant amount of money.
It will depend upon your credit rating/score.
If your current loan has a high rate of interest, your credit rating probably wasn’t all that good, so you might not be able to save much.
Your best bet, unless you can save money getting a new loan, is to pay the current one off faster. Make sure there are no penalties for prepayment.
And a word to the wise: a lower payment doesn’t necessarily mean you are going to save money. It usually means it will cost you more.
Plan your budget and see how fast you can pay this loan off. Then you will have a real “lower payment.”