What credit score is needed to refinance a car with Navy Federal?
Navy Federal auto refinance credit score: You need a credit score between 650-850 to qualify for Navy Federal auto refinance rates.
How does refinancing work on a car Navy Federal?
Navy Federal auto refinance offers auto refinancing with terms ranging from 12 to 96 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto refinancing loan, the more interest you will pay.
What is a good APR for refinancing a car?
Excellent (750 - 850): 4.93 percent for new, 5.18 percent for used, 4.36 percent for refinancing. Good (700 - 749): 5.06 percent for new, 5.31 percent for used, 5.06 percent for refinancing.
What is a good score to refinance your car?
There is no single 'best' credit score that qualifies you to be able to refinance a car. However, companies recommend that you have a score above 600 on both the FICO and VantageScore rating systems.