You don’t really give us much information about your credit so it’s hard to say. It’s going to depend on 4 important factors
1. equity in your car
2. credit
3. age of car
4. miles on car

Assuming it’s a some what new car and low miles, and this is your first car and your just have limited credit.

You might be able to cut your rate in half. But, I don’t think we have enough information to say.

I think the dealer was pulling one on you. Contact your bank for their latest interest rates. 12% interest for a car is really high.

I’ve had good luck here…

Best wishes

There is no way for any of us to be able to tell you without looking at your credit report. Credit score, loan amount to value of car, and debt to income are all important factors. I am assuming this is a new car with few miles.

There is NO LIMIT to the amount of time between initial loan and refinance. It can be a few days to a few years. As long as the loan shows on your Credit Report and we can get the payoff, you’re good to refinance.

Send us an app and we can help out as much as possible. We’ll get our best lenders to help you out.