Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Auto Loans
Profile Image

Question By
ramarani

0 Contributions
0 People Helped
Can I get refinance for a loan of 20 thousand ? Credit score is around 675

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
46 Contributions
93 People Helped

Possible to Refinance

Depending on what your current interest rate is, there are definitely lenders who will consider you.  Some factors in addition to your credit scores, esp regarding auto loan consideration, that will influence potential lenders are the car's value, your equity/negative-equity in the auto, general debt/income and outstanding balances on unsecured loans.  Also, any negatives regarding installment/auto loans in the past are typically considered (and a major factor in your Auto FICO score).  A good way to start the search is to look for pre-qualified offers and/or talk to your bank/credit-union loan officer; they can often give you an idea if they can help before doing a hard-pull on your credit.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.