How to demand a better car loan rate

Source: Tara Baukus Mello, Bankrate.com

Q: Dear Driving for Dollars, Thanks to long-ago poor credit, I'm two years into a five-year car loan at 15 percent. I've never been late on a payment and my credit score has improved a lot, yet I can't get them to refinance me. Is there any way I can get a refi to a better rate? -- SJB A: Dear SjB, First, start by confirming that your credit has indeed improved by reviewing your credit reports from all three agencies, and obtain your credit score from at least one of them.

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money management, financial, credit, cars, cost

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