2 more months is my 1 year from chase.. APR 7.9%... i want to refiance with new banker .. how i do that?? what is good banker with cheap APR % right now?

 

Has your credit/credit history improved much since last time? refinance's rate tend to be higher than the new purchase rate, so not sure if it will actually help much.

 

yeah my credit went up to 770.. and recently paid off the other car..

 

I'm sorry but 870 is higher than the 850 cap on most bureaus.

 

 

oopss. i mean 770

 

You may be able to find a lower rate, but if you lengthen your term out, you'll end up paying more interest.

Is a 1% drop REALLY worth paying for a refiance? Probably not.

 

right now i have 60 months with 7.9apr... 422 per month, but i always paid 500 which is 78 dollars more.. am i doing rite or i have to pay exactly 422?

 

That depends on the state you're in.

 

california

 

Simple interest contract. Any additional money sent goes toward principal. You only pay interest for the amount of money borrowed, and additional payment drops the amount borrowed.

 

Paying anything over 422 is a good thing.

I refinanced after 6 months. Got my loan at 8.1(best i could get at the time) but my local credit union ran a special for 5.1 later...

Made a huge differance for me.

Check your local credit unions.