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re: Refinance of Auto Loams Questions

Posted on 8/21/17 at 12:22 pm to
Posted by ATLdawg25
Atlanta, GA
Member since Oct 2014
4370 posts
Posted on 8/21/17 at 12:22 pm to
1. Not a set time. Ideally you would never refinance
2. Benefits - potentially lower payment. Drawbacks - you will have payments for a longer period.
3. It will hurt your score.
4. I would start with a credit union but at the end of the day shop around until you find the best rate.

The best course of action is usually just paying it off under the current loan.
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