Long term auto loan vs short term (refinancing)?

Answers:0   |   LastUpdateAt:2012-09-27 10:40:06  

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hafidz
Asked at 2012-09-27 10:40:06
Well, I have 20 years of age and credit history is not much. I have good credit , but not enough credit history that at first I qualified for my 60 months 8.99 APR to my car loan . Now I've waited and built up my credit I am looking to refinance to a better April. MedlinePlus MedlinePlus Now my question is when I refinance to a lower APR must borrow short or long term. If I get a short term , obviously , I'll have April 1 bit better , but if I get a loan for longer and pay more ( for example , if the payment is 200/mo 500/mo I pay to the real car ) Compared with short notice when my monthly payment would be like 300-400 $ and I would pay that much for the car. MedlinePlus MedlinePlus What would help me pay my car faster? The short term or long term, with more twards the car ?
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