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Checking on Refinance of Cosigned loan

up2eyeballsindebt
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up2eyeballsindebt

up2eyeballsindebt

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Co signed with son on a car loan in April and are checking to see what our bank would need to refi loan in his name only.

Our current loan is at 12% but son had limited credit and I was fresh out of a bk7. US bank said he would need 5 trade lines and a fico of 650. He already has 4 so we will look for 1 more over the next few months and try to refi in January. Not sure of Fico yet but will check in December before he applies. fyi


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