Nissan 370Z Forum - View Single Post

Bad Boy · 06-14-2016, 01:03 AM

I want to refinance my car to lower the payments and be a little more comfortable but Ive never really been through that process.
I was hoping someone with the experience can kindly offer some details or advice on how to go about it.
For instance, what type of lender would be better? A bank or credit union? Is it possible to try and refinance with the same/current lender?
Is a form of down payment required?
When refinancing, you've made every payment on time but you have average credit score due to other obligations, does credit score still play a great factor?

Thanks for any help.

06-14-2016, 01:03 AM	#1 (permalink)
Bad Boy Enthusiast Member Join Date: Aug 2014 Location: Orlando Age: 33 Posts: 295 Drives: 370Z 6SPD Touring Rep Power: 10	Help with refinance process? I want to refinance my car to lower the payments and be a little more comfortable but Ive never really been through that process. I was hoping someone with the experience can kindly offer some details or advice on how to go about it. For instance, what type of lender would be better? A bank or credit union? Is it possible to try and refinance with the same/current lender? Is a form of down payment required? When refinancing, you've made every payment on time but you have average credit score due to other obligations, does credit score still play a great factor? Thanks for any help.