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
Jemyam

0 Contributions
0 People Helped
can I refinance a car that is three or four payments behind?
I have had a lot of set backs recently and I am finally getting on my feet. but I am four payments behind and I feel as though I can not get on top the payments. I would like to refinance to start over and lower my payments at the same time. would that be a possibility with a low score of 540-579?

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
3051 Contributions
2786 People Helped

Who is your car financed with now?  Have you been in contact with them to see if they offer re-fi?  Have you already spoken to your bank/credit union?  If not, that would be the place to start.  If I were you, I would take them a complete copy of your credit report (pull one from www.annualcreditreport.com) so they won't have to pull a report on you until you are ready to sign on the dotted line.  See what they think, and what you need to do to qualify for re-fi.  Everyone has slightly different requirements.  Best of luck!

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.