I guess my credit still sucks

[five40]

Originally posted by: Fritzo
You went from 575 to 685??? You better check again. Over 670 is awesome credit, and over 680 is elite. You wouldn't be getting a 12% rate with 685.

Don't you mean 770? I'm at 765 according to FICO.

 

[RossMAN]

Originally posted by: Vic
You thought right. You should be able to get a better rate by now (even though interest rates have come up a bit in the past 2 years). I advise you NOT take the 10% from the Subie dealer and go get your own financing, preferably through a local credit union.

Agreed.

Honda Auto Finance offered us 10.50% and it was our first car loan. 1 year later after making 12 on time payments, I re-financed with a local Credit Union. 3.99% and the car loan should be paid off in a few months.

2 years ahead of schedule