I have no credit, I’m looking to finance with a big interest rate. Maybe 15-20% for 2-3 months. Once those 2-3 months are up I will refinance and will be having a co-signer sign on the loan with me with good credit, bringing the interest down to 7-8%~

I know some of you think this is unwise but I ordered a car and it turns out my co-signer might not be able to sign with me until 2-3 months after the car arrives, and I don’t think the dealership will hold it that long.

So how soon can I refinance a loan?
I’m going to get the longest term loan (72 mo) I can get initially so my first 4 months of payment are cheap. Then when it comes time to refinance with my co-signer, I should have 7-8%~ and I’ll chop the term down to 60 or 48 months.