Refinanced Car

[Canadiandggal 49]

Hey Y'all

So I thought I should share my experience with you guys just so you know...you know

I poed here on Novemeber 1 2010, so 6 months ago and last month I got my first credit card although My husbands account shows up on my credit report as well as I am a authorized user on it.

I have a credit score of 653 and have decided to co-sign to refinance my husbands car so that A) It will have my name on the title b) to lower the rate and C) I hate capital one auto loans (there credit cards are great though). Due to my husband having a bankruptcy in his past when he bought the car last year(for me) the rate he got was extremely ridiculous ARP at 18.83%. However when I was approved today for the primary loan person , I was approved at a ARP of 7.99%. IS it the best? No but it is a hell of a lot better than 18.33.

Plus I get to build credit while paying off the car and Have my damn name on it lol .

[K and T 0]

I've heard good things about PenFed auto loans

https://www.penfed.org/productsAndRates/loans/vehicleLoans/autoLoans.asp

[Krikit 1,165]

the rate he got was extremely ridiculous ARP at 18.83%.

Good for you, Canadiandggal.