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!


Posted in Auto Loans
Profile Image

Question By

3 Contributions
17 People Helped
Car Refinance with bad credit or same credit as a year ago
I filed for bankruptcy roughly 2 years ago. My credit is improving but very slowly. When I applied for a auto loan at a credit union they gave me a rate of %10.00, I have had the loan for 1 year now and have not made any late payments on anything since my bankruptcy. I recently went to The credit union to ask for a lower rate but they would not give me a lower rate until my credit improves at least 60 points and it would only lower my payment 8 dollars a month. Is there any companies that look at payment history or would be willing to refinance to a lower rate for someone that has a credit score of around 600.

I keep looking at these refinance calculators and I could be potentially saving a 100 a month on payments... Please give me some advice!

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

View your scores and reports anytime.


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.