How do I get a better intrest rate on car loan?

Answers:1   |   LastUpdateAt:2012-09-21 15:48:03  

Asked at 2012-08-21 21:55:02
my credit score is 590 and credit has no bad hits just extended with school loans and car PMT now ...... What I can do to get a low intrest rate or good refinance rate ?
Answer1Rica1717Answered at 2012-09-21 15:48:03
A better way would be to put a large down payment , you reduce your interest rate . Other than that and have a solid employment or larger monthly payments , not much you can do about it. The key is to get the car paid as quickly as possible to save money. MedlinePlus MedlinePlus Your score is low , but not too bad . He is seen as a potential liability to the lender that you are giving the car , therefore , to the last guy who dwells in your car loan will be charged for their mistake . MedlinePlus MedlinePlus Of 100 people with your credit score , about 25 of them in default according to Equifax .
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