I had no credit when I first got my car, a 2003 Toyota Corolla LE from Carmax almost a year ago. My credit happens to be fair-good dependent on which agency you employ. Regrettably, I cannot get the car refinanced since it is a 2003. I’ve a 24.99% rate of interest, and I am being killed by it. Can there be any such thing I am able to do? I nevertheless have actually lmited credit score, though exactly what exists is great. My utilization is only a little high, about 40% general. My duration of history is brief, and regrettably, we have actually 18 inquiries – this one SUCKS! So what can i really do about it? We do not desire to make an application for such a thing unless i’m certain we shall get approval, looking to get home financing, after which hoping to get more cards to possess a higher limit that is total what got me personally to 18 inquiries, and i dont want a differnt one unless it really works. I chatted to my bank (UMB) as well as said there isn’t a high probability to getting authorized for an unsecured loan that is personal and zero potential for refinancing a vehicle that old. Whats annoying, is the fact that automobile just has 80k kilometers about it, it continues to have at least another 1/2 million miles – did i mention its a Corolla? Possibly even another 750k. Any advice is greately appreciated. Please no sarcastic or comments that are rude. Mark as brand New Bookmark Subscribe Mute Donate to Rss Permalink Printing […]