Related solution post:
- Is it possible to refinance auto loan with poor credit ?
- What can I do to refinance auto loan with poor credit ?
- Do you know where to refinance auto loan with poor credit ?
- What can I do to refinance auto loan with poor credit ?
- Is there any legit company to help me refinance auto loan with poor credit ?
It depends on your situation, but if your credit is as bad as you say, 11.82% is a decent rate to have. You can try and see what you can get by applying for refinancing, but I doubt it’ll be much lower than what you have. But you never know!
With poor credit you have a great deal with Wachovia. Make payments on time or early and start improving your rating.
You can use credit repair agency to fix your credit – for example this one – http://freecreditreport.sinfree.net – They can clean lots of bad stuff from your credit report – and do it much faster than yourself, so your credit will go up fast.
After credit repair you can get the loan with minimal interest rate.