Where should I go to refinance a loan for $6,000 that has a 21% interest rate?

"After paying my loan for 36 months, I finally have good enough credit to get refinanced.

Is there a place I should go to get refinanced that's better than others?"

Answer
“A 21% interest rate is outrageous. You should refinance as soon as you can and make sure to shop around to get the best APR possible.
Perhaps, the best place to go get refinanced is a credit union. Because credit unions are nonprofits, they can offer better rates than banks and other third-party lenders.
Your best bet might be to go in person as well. A face-to-face meeting with a loan officer allows them to get to know you, which might result in a better rate if the rest of your loan looks good. “
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Eric Schad
Answered on May 28, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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