Articles Comments

Debt Relief – Insolvency – Bankruptcy Information » Student Loan Help » Help with auto refinancing with a co-signer?

Help with auto refinancing with a co-signer?

I have been trying to refinance my auto loan, but I am a student (unemployed), and have horrible credit. I am trying to get a reputable bank like I have now because I do have a co-signer with good credit and I do have disability income and grant income coming in. I make the payments myself, but the interest rates are too high. Since I have been looking to refinance, they don’t seem to go by my co-signers credit AT ALL, they are just looking at mine! I don’t understand why this is because, obviously, if I needed a co-signer I have bad credit! Does anyone know of a reputable bank that I can refinance my car loan that will USE MY CO-SIGNERS credit and not mine? Also, they all want the payout to be a minimum of $7,500, and mine is only $5,000. Thanks.


  1. Auto Loan refinancing? Hello. I was in a car accident about 4 months ago and the car was unfortunately totaled. My insurance company...

  2. What would likely be the best way to refinance an auto loan? My husband bought a car before we were married and received an ungodly interest rate due to his poor credit,...

  3. How much does a co-signer affect your interest rate on a car loan? I have really bad credit – an early lesson learned. It is on the rebound ( I am paying off...

  4. When should I refinane my auto loan? I purchased a vehicle in December 2010 with very little credit history. Total purchase price was $14,900 with $1,900 down....

  5. Who is the most reputable agency/company to deal witin MA with when it comes to refinancing your home mortgage? I’m looking to refinance my home. I want to deal with a very reputable agency/bank/mortgage company in Massachussetts. Any recommendations?...

Written by

Filed under: Student Loan Help · Tags: , , ,

One Response to "Help with auto refinancing with a co-signer?"

  1. PooPooLaTrash says:
    In this economic climate, even having a co-signer with impeccable credit is no guarantee of a loan or offer to refinance if your credit is really bad and invariably, if you do get an offer, the interest rate will be high. The days of a co-signer’s good credit offsetting the bad credit of the other party are over. The best advice I can offer is try a credit union or finance company instead of a bank.

Leave a Reply

Connect with Facebook


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Not finding what you're looking for?
Do a custom search of our entire site:

Get Adobe Flash player