When you need a car loan, but bad credit is starring you down, don't panic, people of Binghamton. Go with a trusted leader that's been helping people with bad credit for nearly 15 years. Here at Drivers Lane, we work with a nationwide network of special finance dealers and we can help you find auto financing in or near Binghamton. Just fill out our free auto loan request form online to get started now!
Looking to refinance a car in Binghamton? Typically, you'll have to wait at least a year or two to qualify for refinancing. This is because refinancing is usually only available for people with good credit, and when you've had to take out a bad credit car loan, it'll take time for you to build up your credit. When you're ready to refinance in Binghamton, there are a few things to make sure of before you get started.
First things first, people of Binghamton, your credit has to have improved since you originally financed in order to qualify for a better interest rate. Besides that, you'll also have to be current on your loan payments, have equity in your vehicle, and make sure that your car meets the lender's age and mileage restrictions. Your loan amount must also fall into the new lender's acceptable range.
Sometimes, it's best to try and refinance with your current lender, but if that's not an option, there are usually lenders in and around Binghamton or online that can help. Here at Drivers Lane, we don't deal directly with refinancing, but we can point you toward dealers that may have even better options when you chose to trade in your vehicle rather than refinance. To get connected to a local dealer who has the lending resources you need, just click here to fill out our easy auto loan request form.