Did you apply for an auto loan and get a quote that was higher than you expected? Your high auto loan quote might be because you paid some bills late. You may be frustrated with the auto loan quote because you know you have the income to make your payments and just need another chance.
In today's competitive environment lenders are looking for new loans. You can get auto loan quotes both online and offline. Remember, just because you apply, there is no obligation to accept the auto loan quote after you are approved. Lenders base their auto loan quotes based on many different criteria. Some lenders only consider making loans to those with perfect or near perfect credit. Some lenders focus on the "middle market" or those customers that have a few late payments. Other lenders focus on customers that have had or still have impaired credit. So, no matter what your credit circumstances are, chances are very good that you can find an auto loan quote that is right for you.
If you have discovered that you didn't get the best auto loan rate, shop until you find the best auto loan quote and refinance. If your credit has improved since you took your auto loan, you will most likely receive a better auto loan quote now. Sometimes people are forced into a high auto loan rate because of impaired credit. Many lenders will consider a refinance after seeing at least six payments made on time, and offer a lower auto loan quote once these payments have been made.