{"id":32895,"date":"2021-12-15T12:25:34","date_gmt":"2021-12-15T12:25:34","guid":{"rendered":" https:\/\/dev.way.com\/blog\/?p=32895"},"modified":"2022-06-16T08:29:04","modified_gmt":"2022-06-16T08:29:04","slug":"credit-score-refinance-car","status":"publish","type":"post","link":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/","title":{"rendered":"What credit score do I need to refinance a car?"},"content":{"rendered":"<p style=\"text-align: center;\"><em>Shopping for a new car loan rarely happens without considering the question, &#8220;What credit score is good to <a href=\"https:\/\/www.way.com\/auto-refinance\" target=\"_blank\" rel=\"noopener\">refinance a car<\/a>?&#8221; This post will break down everything you need to know about it!<\/em><\/p>\n<p style=\"text-align: justify;\"><span data-preserver-spaces=\"true\">If you think there is one particular &#8216;golden&#8217; number that serves as the perfect credit score, you&#8217;re in for a surprise! The fact is that <strong>there isn&#8217;t one single credit score or range you need<\/strong> to refinance a car.<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-preserver-spaces=\"true\">Credit scores are only one part of the refinancing process. There are numerous lenders who cater to different borrowers &#8211; all with different requirements. Simply put, the answer to the question &#8216;<\/span><strong><em><span data-preserver-spaces=\"true\">What credit score is needed to refinance a car?<\/span><\/em><\/strong><span data-preserver-spaces=\"true\">&#8216; can vary from one company to another.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media3.giphy.com\/media\/C8RmYDE0F7020ja4f2\/giphy.gif?cid=790b761126cbf5648fcac2f45ecebfc33321d8df713d7090&amp;rid=giphy.gif&amp;ct=g\" alt=\"Anthony Anderson Credit Score GIF by ABC Network\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #e71346;color:#e71346\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #e71346;color:#e71346\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Is_credit_score_the_only_factor_to_refinance_my_car\" >Is credit score the only factor to refinance my car?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Will_a_bad_credit_score_stop_me_from_refinancing_my_car\" >Will a bad credit score stop me from refinancing my car?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Impact_of_credit_score_on_your_loan_application\" >Impact of credit score on your loan application<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Different_credit_ranges_for_getting_the_best_APRs\" >Different credit ranges for getting the best APRs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Is_there_a_minimum_credit_score_to_refinance_an_auto_loan\" >Is there a minimum credit score to refinance an auto loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Average_APRs_for_auto_loan_refinancing_based_on_credit_score\" >Average APRs for auto loan refinancing based on credit score<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#How_does_auto_loan_refinancing_affect_your_credit\" >How does auto loan refinancing affect your credit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Relation_between_cash-out_refinancing_and_credit_score\" >Relation between cash-out refinancing and credit score<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#What_is_the_best_credit_score_to_refinance_a_car\" >What is the best credit score to refinance a car?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Can_I_refinance_my_car_with_a_600_credit_score\" >Can I refinance my car with a 600 credit score?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#Can_I_refinance_my_car_with_a_640_credit_score\" >Can I refinance my car with a 640 credit score?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#What_is_the_lowest_credit_score_you_can_have_to_refinance_a_car\" >What is the lowest credit score you can have to refinance a car?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#How_long_should_you_wait_to_refinance_a_car\" >How long should you wait to refinance a car?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Is_credit_score_the_only_factor_to_refinance_my_car\"><\/span><span data-preserver-spaces=\"true\">Is credit score the only factor to refinance my car?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-preserver-spaces=\"true\"><strong>While your credit score is an important factor in car refinancing, it&#8217;s not the only one that decides what APR you get<\/strong>. There are other criteria that decide your new interest rate, like:<\/span><\/p>\n<p><strong>1. The loan amount: <\/strong>Are you planning to refinance the entire loan amount, or will you be making a down payment? Depending on that, your interest rate may vary.<\/p>\n<p><strong>2. Loan term: <\/strong>Choosing a long loan term can help you get a lower refinance APR and vice versa. That&#8217;s because the lender can earn more interest through a longer loan term, even while slashing interest rates for you in the short term.<\/p>\n<p><strong>3. Age of the car: <\/strong>Lenders will not typically refinance vehicles older than 10 years. There may be some lenders willing to refinance up to 15\u00a0 years but with higher interest rates.<\/p>\n<p><strong>4. The credit score of the co-signer or co-borrower: <\/strong>Refinancing with a lower APR will be easier if you have a co-signer with good credit. During the approval process, the co-signer&#8217;s score will be given more weightage than the primary borrower.<\/p>\n<p><strong>5. Employment status: <\/strong>Having a permanent or government job means you can score lower interest rates due to a lesser risk of default. On the other hand, being self-employed or having a contractual job could mean higher APRs for you.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Will_a_bad_credit_score_stop_me_from_refinancing_my_car\"><\/span>Will a bad credit score stop me from refinancing my car?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-preserver-spaces=\"true\">Just because you have a bad credit score does not mean you won&#8217;t find lenders to refinance. <strong><a href=\" https:\/\/dev.way.com\/blog\/top-auto-refinance-lenders-you-should-look-into\/\" target=\"_blank\" rel=\"noopener\">Many lenders<\/a> will provide borrowers a loan even if their score is much below 600. <\/strong>However, you may have to bring on a co-signer, make a larger down payment, or agree to variable interest rates to refinance with bad credit.<\/span><\/p>\n<p><a href=\" https:\/\/dev.way.com\/blog\/is-it-good-to-refinance-your-car\/\" target=\"_blank\" rel=\"noopener\"><strong>Also read: What are the pros and cons of refinancing a car?<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.way.com\/auto-refinance\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-35391 size-full\" src=\"https:\/\/blog.way.com\/wp-content\/uploads\/2022\/02\/REFINANCE-BANNER.png\" alt=\"What credit score do I need to refinance my car?\" width=\"744\" height=\"276\" srcset=\"http:\/\/wordwblog02.way.com\/wp-content\/uploads\/2022\/02\/REFINANCE-BANNER.png 744w, http:\/\/wordwblog02.way.com\/wp-content\/uploads\/2022\/02\/REFINANCE-BANNER-300x111.png 300w\" sizes=\"auto, (max-width: 744px) 100vw, 744px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Impact_of_credit_score_on_your_loan_application\"><\/span><span data-preserver-spaces=\"true\">Impact of credit score on your loan application<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-preserver-spaces=\"true\">Credit ratings appear to be related to a false sense of security. <\/span><strong>People frequently believe that their credit score is the only factor determining whether they can get a good auto refinance deal. <\/strong><span data-preserver-spaces=\"true\">While it isn&#8217;t the only consideration, it does affect the interest rate you receive. The general rule is that the higher your credit score, the greater your chances of receiving a reduced interest rate.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Different_credit_ranges_for_getting_the_best_APRs\"><\/span><span data-preserver-spaces=\"true\">Different credit ranges for getting the best APRs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-preserver-spaces=\"true\">It isn&#8217;t easy to know which scoring model to utilize because there are so many. On the other hand, lenders frequently consider your FICO score divided into groups.<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\"><strong><span data-preserver-spaces=\"true\">850-800:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Exceptional<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">799-740:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Very good<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">739-670:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Good<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">669-561:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Fair<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">560-300:<\/span><\/strong><span data-preserver-spaces=\"true\"> Poor<\/span><\/li>\n<\/ul>\n<h2><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media1.giphy.com\/media\/kt6rktnml8cPSdpHF9\/giphy.gif?cid=ecf05e47tyu7g41492280wfd4fm8m5x9m0z359o97p2464at&amp;rid=giphy.gif&amp;ct=g\" alt=\"Season 4 Episode 6 GIF by The Office\" \/><\/h2>\n<p style=\"text-align: center;\"><a href=\"https:\/\/giphy.com\/gifs\/theoffice-kt6rktnml8cPSdpHF9\">via GIPHY<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_credit_score_to_refinance_an_auto_loan\"><\/span><span data-preserver-spaces=\"true\">Is there a minimum credit score to refinance an auto loan?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-preserver-spaces=\"true\"><strong>For refinancing your auto loan, there is no set minimum credit score. <\/strong><\/span><span data-preserver-spaces=\"true\">Different lenders have different standards, and some lenders specialize in working with clients who have bad credit, such as those who have had bankruptcies or repossessions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span class=\"TextRun SCXW262602838 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW262602838 BCX0\"><span data-preserver-spaces=\"true\">While there&#8217;s no way to know for sure how likely you are to qualify for a loan, you can make an educated guess based on the following:<\/span><\/span><\/span><\/p>\n<ul>\n<li><strong>Debt-to-income ratio:\u00a0<\/strong>The DTI is indicative of how much you owe each month on loans compared to how much you earn. The lower this ratio is, the easier it will be to qualify for a loan with a bad credit score.<\/li>\n<li><strong>Loan-to-value ratio:\u00a0<\/strong>The car&#8217;s LTV ratio is indicative of how much you owe on the car vs. how much it is actually worth. Ideally, a lower LTV can help you qualify even with a bad credit score.<\/li>\n<li><strong>The annual income of the borrower: <\/strong>Even if you have a bad credit score, lenders may relax criteria if you can show you have a high enough income to repay the car loan.<\/li>\n<\/ul>\n<p>For example, take a look at the table below. Borrowers with credit scores as low as 441 were able to find lenders because of their decent DTI, LTV, and payoff amounts.<\/p>\n<table style=\"border-collapse: collapse; width: 100%; height: 93px;\">\n<tbody>\n<tr style=\"height: 47px;\">\n<td style=\"width: 14.2857%; text-align: center; height: 47px;\"><strong>Year<\/strong><\/td>\n<td style=\"width: 14.2857%; text-align: center; height: 47px;\"><strong>Applicant Credit Score<\/strong><\/td>\n<td style=\"width: 14.2857%; text-align: center; height: 47px;\"><strong>Original Rate<\/strong><\/td>\n<td style=\"width: 14.2857%; text-align: center; height: 47px;\"><strong>Approved Rate<\/strong><\/td>\n<td style=\"width: 14.2857%; text-align: center; height: 47px;\"><strong>LTV Retail<\/strong><\/td>\n<td style=\"width: 14.2857%; text-align: center; height: 47px;\"><strong>DTI<\/strong><\/td>\n<td style=\"width: 14.2857%; text-align: center; height: 47px;\"><strong>Payoff<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 23px;\">\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">2020<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">561<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">18.75%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">11.75%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">70%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">35%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">$18,900<\/td>\n<\/tr>\n<tr style=\"height: 23px;\">\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">2021<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">441<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">20.75%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">15.65%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">85%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">36%<\/td>\n<td style=\"width: 14.2857%; height: 23px; text-align: center;\">$19,700<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><em><strong><span class=\"TextRun SCXW262602838 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW262602838 BCX0\">TL;DR: <\/span><\/span><\/strong><span class=\"TextRun SCXW262602838 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW262602838 BCX0\">A low loan-to-value ratio, low debt-to-income ratio, lower auto loan balance, and having a secure income can help balance out poor credit and improve your chances of getting approved for auto loan refinancing.<\/span><\/span><\/em><\/p><\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/blog.way.com\/wp-content\/uploads\/2022\/05\/Car-refinance-to-someone-else-name-1.jpg\" width=\"749\" height=\"499\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Average_APRs_for_auto_loan_refinancing_based_on_credit_score\"><\/span>Average APRs for auto loan refinancing based on credit score<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">While many factors go into <a href=\" https:\/\/dev.way.com\/blog\/what-is-apr-on-a-car-loan-and-how-is-it-calculated\/\" target=\"_blank\" rel=\"noopener\">calculating your refinance APRs,<\/a> we can still track the average interest rates based on credit reporting agencies like Experian, Transunion, and Equifax. You can see them in the table below.<\/p>\n<div class=\"article-table\">\n<div class=\"\">\n<div class=\"article-table\">\n<table style=\"width: 97.293%; height: 236px;\" data-tablestyle=\"MsoTableGrid\" data-tablelook=\"1696\" aria-rowcount=\"6\">\n<tbody>\n<tr style=\"height: 47px;\" aria-rowindex=\"1\">\n<td style=\"height: 47px;\" data-celllook=\"0\"><b><span data-contrast=\"auto\">Credit Score<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><b><span data-contrast=\"auto\">New Car Loan APR<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><b><span data-contrast=\"auto\">Used Car Loan APR<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><b><span data-contrast=\"auto\">Refinance Car Loan APR<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 47px;\" aria-rowindex=\"2\">\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 750 or higher\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a06.33%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 6.58%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 3.38%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 23px;\" aria-rowindex=\"3\">\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 700-749\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a010.64%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 10.89%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4.32%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 23px;\" aria-rowindex=\"4\">\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0600-699\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a014.27%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 14.52%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 6.74%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 23px;\" aria-rowindex=\"5\">\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 451-599\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a017.52%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a017.77%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 23px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a09.39%\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 47px;\" aria-rowindex=\"6\">\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 450 or lower\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 Not Applicable (N\/A)\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 \u00a0N\/A\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<td style=\"height: 47px;\" data-celllook=\"0\"><span data-contrast=\"auto\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 N\/A\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span style=\"font-size: 10pt;\">*as of May 2022<\/span><\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_does_auto_loan_refinancing_affect_your_credit\"><\/span>How does auto loan refinancing affect your credit?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Whenever you apply to refinance your car, the lender will pull your credit score to check what APR is best to offer you. This is called a <strong>hard credit inquiry<\/strong> and will <strong>cause your credit score to drop by a few points<\/strong>. It&#8217;s also why you should refinance only after building your credit score above what it was when you first applied for your loan.<\/p>\n<ul>\n<li style=\"text-align: justify;\">While a credit drop is inevitable, you can <strong>reduce the magnitude of the drop by building your score to above 700<\/strong><\/li>\n<li style=\"text-align: justify;\">You can also <strong><a href=\" https:\/\/dev.way.com\/blog\/car-loan-pre-qualification\/\" target=\"_blank\" rel=\"noopener\">pre-qualify with several lenders<\/a> <\/strong>which only need a<strong> soft credit pull<\/strong><\/li>\n<li style=\"text-align: justify;\">FICO and VantageScore allow<strong> rate shopping within a certain window<\/strong> (14-45 days). They consider multiple inquiries within this period as one single inquiry as long as they are performed within this window.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Relation_between_cash-out_refinancing_and_credit_score\"><\/span>Relation between cash-out refinancing and credit score<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong><a href=\" https:\/\/dev.way.com\/blog\/cash-back-auto-loan-refinancing\/\" target=\"_blank\" rel=\"noopener\">Cash-out or cash-back refinancing<\/a> is when you borrow a larger amount than your current payoff amount. You can use it to pay off the older loan and receive the remaining amount in cash<\/strong>. However, you need to have <strong>positive equity in the vehicle,<\/strong> i.e., it should be worth more than what you owe.<\/p>\n<p>Therefore, if the car is worth $15,000 and the loan balance is $9000, you have positive equity in it and can refinance for an amount up to 125% of the car&#8217;s worth ($18,750). You can use the $6,000 difference for any immediate financial emergencies.<\/p>\n<blockquote><p>A cashback auto refinancing deal will negatively affect your credit score. This is because you are borrowing a larger amount than what you owe, therefore increasing your overall level of debt.<\/p><\/blockquote>\n<h2 aria-level=\"2\"><em>Frequently Asked Questions (FAQ)\u00a0<\/em><\/h2>\n<h2 aria-level=\"2\"><span class=\"ez-toc-section\" id=\"What_is_the_best_credit_score_to_refinance_a_car\"><\/span><span data-contrast=\"none\">What is the best credit score to refinance a car?<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The higher your credit score, the better refinance rates you will get. There is no single &#8216;best&#8217; credit score that qualifies you to be able to refinance a car. However, companies recommend that you have a score above 600 on both the FICO and VantageScore rating systems.<\/p>\n<h2 aria-level=\"2\"><span class=\"ez-toc-section\" id=\"Can_I_refinance_my_car_with_a_600_credit_score\"><\/span><span data-contrast=\"none\">Can I refinance my car with a 600 credit score?<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Yes, 600 lies in the &#8216;Fair&#8217; credit category for both FICO and VantageScore. You can try to wait a few months to build your score above 660, which can put you in the &#8216;Good&#8217; category.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Can_I_refinance_my_car_with_a_640_credit_score\"><\/span>Can I refinance my car with a 640 credit score?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Yes, 640 lies in the &#8216;Fair&#8217; credit category for both FICO and VantageScore credit bureaus. If it&#8217;s possible, try and build your credit score to above 660 in the next few months before refinancing. This will help you enter the &#8216;Good&#8217; credit range and get you moderately better APRs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_lowest_credit_score_you_can_have_to_refinance_a_car\"><\/span>What is the lowest credit score you can have to refinance a car?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">There is no single minimum credit score that is accepted across the board. Different refinance lenders have different minimum credit score requirements, which can vary based on other factors like debt-to-income ratio, loan-to-value ratio, annual income, and more.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_long_should_you_wait_to_refinance_a_car\"><\/span>How long should you wait to refinance a car?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ideally, you should wait at least 6-12 months before refinancing your car. This is because it will take a few months for your credit score to rise after a hard credit inquiry and a few more months before it reaches a &#8216;good&#8217; or &#8216;excellent&#8217; credit range.<\/p>\n<p><a href=\"https:\/\/www.way.com\/auto-refinance\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-32896 size-full\" src=\"https:\/\/blog.way.com\/wp-content\/uploads\/2021\/12\/7-2.png\" alt=\"What credit score is good to refinance a car?\" width=\"794\" height=\"294\" srcset=\"http:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/7-2.png 794w, http:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/7-2-300x111.png 300w, http:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/7-2-768x284.png 768w\" sizes=\"auto, (max-width: 794px) 100vw, 794px\" \/><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><em>Check out our blogs for info on finding <\/em><a href=\" https:\/\/dev.way.com\/blog\/category\/parking\/airport-parking\/\" target=\"_blank\" rel=\"noopener\"><em>top-rated airport parking<\/em><\/a><em>, the best <\/em><a href=\" https:\/\/dev.way.com\/blog\/category\/parking\/city-parking\/\" target=\"_blank\" rel=\"noopener\"><em>parking spots in your city<\/em><\/a><em>, easy <a href=\"https:\/\/www.way.com\/auto-refinance\" target=\"_blank\" rel=\"noopener\">auto refinance<\/a>, and affordable <\/em><a href=\" https:\/\/dev.way.com\/blog\/category\/car-wash\/\" target=\"_blank\" rel=\"noopener\"><em>car washes near you<\/em><\/a><em>.<\/em><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shopping for a new car loan rarely happens without considering the question, &#8220;What credit score is good to refinance a car?&#8221; This post will break down everything you need to know about it! If you think there is one particular &#8216;golden&#8217; number that serves as the perfect credit score, you&#8217;re in for a surprise! The&hellip; <a class=\"more-link\" href=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/\">Continue reading <span class=\"screen-reader-text\">What credit score do I need to refinance a car?<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":41999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1962,1855],"tags":[],"class_list":["post-32895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto-refinance","category-finance","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.3 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What credit score do I need to refinance a car loan?<\/title>\n<meta name=\"description\" content=\"Are you looking for a new auto loan? If that&#039;s the case, you&#039;ve certainly wondered, &quot;What credit score do I need to refinance a car?&quot;\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What credit score do I need to refinance a car?\" \/>\n<meta property=\"og:description\" content=\"Are you looking for a new auto loan? If that&#039;s the case, you&#039;ve certainly wondered, &quot;What credit score do I need to refinance a car?&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/\" \/>\n<meta property=\"og:site_name\" content=\"Way Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-15T12:25:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-16T08:29:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/Depositphotos_303013320_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"928\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mahesh SL\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mahesh SL\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/\"},\"author\":{\"name\":\"Mahesh SL\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#\\\/schema\\\/person\\\/c916386c61281bccf925ffea1c3d35d9\"},\"headline\":\"What credit score do I need to refinance a car?\",\"datePublished\":\"2021-12-15T12:25:34+00:00\",\"dateModified\":\"2022-06-16T08:29:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/\"},\"wordCount\":1458,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wordwblog02.way.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Depositphotos_303013320_L.jpg\",\"articleSection\":[\"Auto Refinance\",\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/\",\"url\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/\",\"name\":\"What credit score do I need to refinance a car loan?\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wordwblog02.way.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Depositphotos_303013320_L.jpg\",\"datePublished\":\"2021-12-15T12:25:34+00:00\",\"dateModified\":\"2022-06-16T08:29:04+00:00\",\"description\":\"Are you looking for a new auto loan? If that's the case, you've certainly wondered, \\\"What credit score do I need to refinance a car?\\\"\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#primaryimage\",\"url\":\"https:\\\/\\\/wordwblog02.way.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Depositphotos_303013320_L.jpg\",\"contentUrl\":\"https:\\\/\\\/wordwblog02.way.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Depositphotos_303013320_L.jpg\",\"width\":2000,\"height\":928,\"caption\":\"What credit score do i need to refinance my car?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/credit-score-refinance-car\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finance\",\"item\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/finance\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Auto Refinance\",\"item\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/finance\\\/auto-refinance\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"What credit score do I need to refinance a car?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#website\",\"url\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/\",\"name\":\"Way Blog\",\"description\":\"Cars \ud83d\ude97 Simplified\",\"publisher\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#organization\",\"name\":\"Way.com\",\"url\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/wordwblog02.way.com\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/cropped-wayCom_RedLogo-1.png\",\"contentUrl\":\"https:\\\/\\\/wordwblog02.way.com\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/cropped-wayCom_RedLogo-1.png\",\"width\":700,\"height\":127,\"caption\":\"Way.com\"},\"image\":{\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/#\\\/schema\\\/person\\\/c916386c61281bccf925ffea1c3d35d9\",\"name\":\"Mahesh SL\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0ecb7f75edfde94269f5650c8555683909b8fabf450d7fe168896cc85d0edc5d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0ecb7f75edfde94269f5650c8555683909b8fabf450d7fe168896cc85d0edc5d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0ecb7f75edfde94269f5650c8555683909b8fabf450d7fe168896cc85d0edc5d?s=96&d=mm&r=g\",\"caption\":\"Mahesh SL\"},\"jobTitle\":\"Senior Software Engineer\",\"url\":\"https:\\\/\\\/dev.way.com\\\/journal\\\/author\\\/mahesh\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What credit score do I need to refinance a car loan?","description":"Are you looking for a new auto loan? If that's the case, you've certainly wondered, \"What credit score do I need to refinance a car?\"","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"What credit score do I need to refinance a car?","og_description":"Are you looking for a new auto loan? If that's the case, you've certainly wondered, \"What credit score do I need to refinance a car?\"","og_url":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/","og_site_name":"Way Blog","article_published_time":"2021-12-15T12:25:34+00:00","article_modified_time":"2022-06-16T08:29:04+00:00","og_image":[{"width":2000,"height":928,"url":"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/Depositphotos_303013320_L.jpg","type":"image\/jpeg"}],"author":"Mahesh SL","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mahesh SL","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#article","isPartOf":{"@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/"},"author":{"name":"Mahesh SL","@id":"https:\/\/dev.way.com\/journal\/#\/schema\/person\/c916386c61281bccf925ffea1c3d35d9"},"headline":"What credit score do I need to refinance a car?","datePublished":"2021-12-15T12:25:34+00:00","dateModified":"2022-06-16T08:29:04+00:00","mainEntityOfPage":{"@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/"},"wordCount":1458,"commentCount":0,"publisher":{"@id":"https:\/\/dev.way.com\/journal\/#organization"},"image":{"@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#primaryimage"},"thumbnailUrl":"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/Depositphotos_303013320_L.jpg","articleSection":["Auto Refinance","Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/","url":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/","name":"What credit score do I need to refinance a car loan?","isPartOf":{"@id":"https:\/\/dev.way.com\/journal\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#primaryimage"},"image":{"@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#primaryimage"},"thumbnailUrl":"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/Depositphotos_303013320_L.jpg","datePublished":"2021-12-15T12:25:34+00:00","dateModified":"2022-06-16T08:29:04+00:00","description":"Are you looking for a new auto loan? If that's the case, you've certainly wondered, \"What credit score do I need to refinance a car?\"","breadcrumb":{"@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#primaryimage","url":"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/Depositphotos_303013320_L.jpg","contentUrl":"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2021\/12\/Depositphotos_303013320_L.jpg","width":2000,"height":928,"caption":"What credit score do i need to refinance my car?"},{"@type":"BreadcrumbList","@id":"https:\/\/dev.way.com\/journal\/credit-score-refinance-car\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dev.way.com\/journal\/"},{"@type":"ListItem","position":2,"name":"Finance","item":"https:\/\/dev.way.com\/journal\/finance\/"},{"@type":"ListItem","position":3,"name":"Auto Refinance","item":"https:\/\/dev.way.com\/journal\/finance\/auto-refinance\/"},{"@type":"ListItem","position":4,"name":"What credit score do I need to refinance a car?"}]},{"@type":"WebSite","@id":"https:\/\/dev.way.com\/journal\/#website","url":"https:\/\/dev.way.com\/journal\/","name":"Way Blog","description":"Cars \ud83d\ude97 Simplified","publisher":{"@id":"https:\/\/dev.way.com\/journal\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dev.way.com\/journal\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/dev.way.com\/journal\/#organization","name":"Way.com","url":"https:\/\/dev.way.com\/journal\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dev.way.com\/journal\/#\/schema\/logo\/image\/","url":"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2020\/10\/cropped-wayCom_RedLogo-1.png","contentUrl":"https:\/\/wordwblog02.way.com\/wp-content\/uploads\/2020\/10\/cropped-wayCom_RedLogo-1.png","width":700,"height":127,"caption":"Way.com"},"image":{"@id":"https:\/\/dev.way.com\/journal\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/dev.way.com\/journal\/#\/schema\/person\/c916386c61281bccf925ffea1c3d35d9","name":"Mahesh SL","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0ecb7f75edfde94269f5650c8555683909b8fabf450d7fe168896cc85d0edc5d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0ecb7f75edfde94269f5650c8555683909b8fabf450d7fe168896cc85d0edc5d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0ecb7f75edfde94269f5650c8555683909b8fabf450d7fe168896cc85d0edc5d?s=96&d=mm&r=g","caption":"Mahesh SL"},"jobTitle":"Senior Software Engineer","url":"https:\/\/dev.way.com\/journal\/author\/mahesh\/"}]}},"_links":{"self":[{"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/posts\/32895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/comments?post=32895"}],"version-history":[{"count":0,"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/posts\/32895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/media\/41999"}],"wp:attachment":[{"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/media?parent=32895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/categories?post=32895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.way.com\/journal\/wp-json\/wp\/v2\/tags?post=32895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}