How long should you be employed before qualifying to refinance an auto loan?
Monday, August 9th, 2010 at
03:40
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Question by Chris: How long should you be employed before qualifying to refinance an auto loan?
I would like to lower my monthly payments by refinancing my auto loan. I have a good credit score to refinance (700s). I was recently unemployed (from October to February). However, I am about to start a new job this March 1.
How long should I be employed to qualify for an auto loan refinancing? (if there is such a requirement)
Thanks, I appreciate it.
Best answer:
Answer by Eddy T
Since you have a new job, it is not advisable to refinance your auto loan.
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