Is there a certain amount of time that I need to have had my car before I can refinance it and get smaller payments? What is the process... and how would I go about starting it?

Any kind of help would be awesome. THANKS!

:rolleyes:

I moved this to the credit forum where it really belongs.

The answer depends on the terms of your loan. Some loans will have a prepayment penalty. So you really wouldn't want to refinance until after that period. Also what makes you think you will get lower payments? Unless your loan has a very high interst rate and/or a short term, you may not be able to lower your payments.

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Originally Posted by ScottGem

I moved this to the credit forum where it realy belongs.

The answer depends on the terms of your loan. Some loans will have a prepayment penalty. So you really wouldn't want to refinance until after that period. Also what makes you think you will get lower payments? Unless your loan has a very high interst rate and/or a short term, you may not be able to lower your payments.

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Thanks anyway...