Refinance Car Loans

Posted by in Personal Finances

How to refinance a car loan with bad credit is one of today’s big questions. And yes there are plenty of lenders out there who are happy to take your money and make you pay through the nose because of your low  credit score.

But lets face it if you are struggling financially enough to have poor credit – then the last thing you need is an expesive auto loan! Do you  really need that car? Give it back if its still under finance – buy a a cheap$500 wreck for cash. Or take public transit – or get fit on a bike.  Take a scooter or motor bike to work.  Arrange a car share with a neighbour. Its just a car – its hardly worth worrying about and certainly not worth going into debt for!