Can I Get a Better Interest Rate?

[Jon-Mike]

Hey guys -

The current loan on my 94 RT10 is at 9% (I have about 3 1/2 years left on it - originally a 5 year loan). I recently asked them if I could get a better interest rate on it and they said there was nothing they could do. My question is can I get a better interest rate? If so, any ideas where?

My credit is impeccable, so that will not be a problem. Thanks!!!

 

[Chuck 98 RT/10]

Think of a loan officer as a salesman. Everything is negotiable. If you don't get what you want, go across the street to the next bank and try again.

 

[FikseGTS]

I just re-financed the remaining amount on my GTS with the Delta Employees Credit Union..... my current rate was 8%, they gave me 6.5%, with zero fees to take over the loan...

any family members employed with Delta??
http://www.decu.org/rateboard/rates.html

Brooks

 

[Steve-Indy]

...or go to your banker, get home equity loan at prime, and deduct interest as part of "mortgage" deduction.

 

[jcochran]

Go to http://www.peoplefirst.com . I refinanced my old car loan there about three months ago with NO trouble. Very professional and easy to do.

As of this morning, the standing refinance rate there is: 12-36mo = 6.99%, 37-66 = 7.09%, 67-72 = 8.25%.

Hope this helps.

James

 

[C O D Y]

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Steve-Indy:
...or go to your banker, get home equity loan at prime, and deduct interest as part of "mortgage" deduction.
<HR></BLOCKQUOTE>

Steve's right. You can get 6% to 6.5% fixed rated on Mortgage right now with no point or fees. I should know, I sell them.

Also try a credit union. They seem to have the best auto loan rates in town.

 

[Jon-Mike]

Thanks everyone for the responses - I am going to start shopping this Monday...

 

[MadMaxx]

man, you guys ROCK!

I was about to pay 9.5% on 60mo! I'll definetly shop around..

James

 

[2charmed]

You may want to check eloan.com also.

2charmed

 

[Qualitywires.com]

I got a 7% rate from the small I amount I financed from my credit union...join a credit union if you can..they are awesome! Just need to know someone..let me know if I can help out in mine.