rate? A clearer, and longer question:
If I have a good car loan interest rate, and paid off said car loan, could I get that good car interest rate with a personal loan, or smaller?
The plan: Pay off our car now with our savings, and put a little bit back into savings with a smaller loan and smaller monthly payments.
I would love to get a personal loan at the same rate, or smaller.
Only way my bank can check, is if they run a credit check. Some banks provide better rates than others, so I would rather avoid a million credit checks through each bank, to find the lowest interest rate, but if I'm more confident that we'd have at least our interest rate on our current auto loan...secure, I wouldn't mind my bank running a check now...and getting the loan.
Trying to reduce our monthly payments in half, while still be financially guarded in the future.
If I have a good car loan interest rate, and paid off said car loan, could I get that good car interest rate with a personal loan, or smaller?
The plan: Pay off our car now with our savings, and put a little bit back into savings with a smaller loan and smaller monthly payments.
I would love to get a personal loan at the same rate, or smaller.
Only way my bank can check, is if they run a credit check. Some banks provide better rates than others, so I would rather avoid a million credit checks through each bank, to find the lowest interest rate, but if I'm more confident that we'd have at least our interest rate on our current auto loan...secure, I wouldn't mind my bank running a check now...and getting the loan.
Trying to reduce our monthly payments in half, while still be financially guarded in the future.