First time buyer I didn’t know your gap insurance was canceled if you refinance. I never got a letter stating cancellation or a partial refund. The gap insurance denied my claim (because of the refinance) states it on the back of the policy but the dealership still shows it as active.
i pay 20% interest on my car. OUCH! i know. the dealership said i could refinance in about 2 years and it will lower my interest and my payments BS? or was he stating the truth?
its coming up for a year since i bought a groundbreaking new car from my dealership and i am getting charged a 15% interest rate. i have found three banks/ credit unions that are charging minimum 8%. what i am worried about is, if i apply to all of them, apparently it can look terrible on my credit rating because i have inquired so many times. how can i tell if my credit is even worth their acceptance and how can i apply to them without ruining my credit rating?will refinancing look terrible too?
The dealership I bought my car from was horribly dishonest long tale small. If I try to refinance the car a few months from now am I allowed to go to another dealership or am I forced to have to go back to where I bought it. I mean what would happen if I went out of state you would reckon they allow it. I bought a Toyota from a Toyota dealership by the way. Thanks!