Last year I bought a new(used) car and have paid on-time all of the payments to date (12 so far.) My interest rate is 21.25% on the loan due to bad credit rating, but I have been in a
debt counseling program for 3 1/2 years and things are looking up! I was told to try to refinance after 12 months of on-time payments, but AmeriCredit (which I have no problems with) will not refinance any loans. I went through Lending Tree.com, and have heard from Roadloan.com for a rate of 16.99%.