Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


  • Content Count

  • Joined

  • Last visited

  1. Thanks for y'all's advice. I contacted them and asked that it be refinanced for the 44 months. The rep said they could do 48 months at the same rate (13.99%) $418.72. One Correction to my original post, my current rate is 16 % (not 16.99) with Santander. He also said no prepayment penalty. What's the verdict now? Is it not worth it? If I figure right, I won't save more than a $100 overall. Is there any other reason to do it? Would it help my credit score or hurt it? Thank you!
  2. Hi, I was discharged 1/15 out of Chapter 7. I reaffirmed my auto loan with Santander with 16.99%. I owe approx 15,000. Payments are $457 with 44 months remaining. I applied with Lending Tree (Innovative Funding Solutions) and am being offered a refinance with Wells Fargo Dealer Services for 13.99% at $356 for 60 months. I plan to keep paying the $457 if I go with Wells Fargo. Does this sound like a reasonable offer? I joined DCU with the hopes of getting approved for a lower interest rate but just got a denial email. I have to wait for the mail for a reason. If I take this, will I be able to try to refinance with DCU down the road when my scores improve. Ficos are 610, 615 and 638. Opinions? Thank you!

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
  • Create New...

Important Information