Even with poor credit, it is possible to refinance your car loan for a lower interest rate or better terms. Doing so can help save you money in the long run ...
What is the lowest credit score to refinance a car?
There is no required credit score to refinance your car loan. However, having a credit score of 661 or higher can significantly improve your chances of approval and help you receive a lower interest rate.
Which bank is best for refinancing car?
Your credit score plays a major role in whether or not you'll meet the requirements to refinance. Certain lenders may not be able to give you a loan if your score is below 620. Rocket Mortgage® requires a median FICO® Score of at least 580 to get an FHA or VA mortgage.