Car Refinancing?

Credit Score = 580 - 590

I got a used Toyota Corolla CE recently...

Facts

Percentage Rate = 17.49%

Total Amount Finance = $17153.31

Monthly Payment = $380.31

Term = 75 months

I did the calculations and it%26#039;s about 28,000

WTF

.

.

As you can see, I didn%26#039;t do my homework but you learn in life...

I love the car and made my first payment so far...

I just filled out an application at rategenius.com

Do they provide good service and good rates?

OR Should I just wait until next year and refinance with a credit union?

Car Refinancing?

I am not sure about the RateGenius.com as I have no experience with them. But you seem to have a decent credit score so why don%26#039;t you get in touch with one of you local Credit Union(s) and they can give you better rate then what you have.

Here is where you can find out about your local Credit Unions:

1. http://www.creditunionsonline.com/

2. http://www.creditunion.coop/cu_locator/i...

Good Luck.

-N

PS:

Also next time you buy a used car - try following places.

I would recommend looking for car using the links below:

1. Toyota.com Pre-Owned site.

These are certified vehicles and comes with warranty and road side assistance.

http://www.toyota.com/html/tcuv/index.ht...

2. Carmax.com

This company gives a No-Questions asked 72 hours refund.

3. Carsdirect.com - to check out local inventory