Credit Strategy

There is no single minimum credit score that unlocks auto refinancing. Different lenders have different thresholds, and the score you need depends heavily on what kind of deal you are trying to get, not just whether you can get approved at all. A lender might approve a refinance at a 580 credit score. But the … Read more

Your credit score is not just a grade. It is the interest rate you pay on every dollar you borrow. A score of 680 and a score of 720 can mean the difference between a 9 percent APR and a 6.5 percent APR on the same loan amount. Over 60 months on a $20,000 balance, … Read more