I am trying to refinance my car who will finance at a good rate w/ a credit score of 570?

I have a auto loan with HSBC Auto Finance and would like to refinance it. Are there any lenders who will finance at a good rate for a credit score of about 575. My current rate is at 16%

Public Comments

1. I think your best bet will be going to a credit union and applying there to see what they can do for you. www.penfed.org - is very popular
2. I am in the business of financing RV's and I will say that 16% is not a bad rate for your credit score. I would suggest that you make payments for a year steady and if you have no slow payments you will be able to refinance and get a good rate but you have to pay your dues to get there.
3. Your local credit union or bank will be your best shot. After that try Capital-One, Wells Fargo and Citifinancial. Actually 16% for a 575 score is not that bad.
4. Your rate is typical for your credit score. Sorry, but 570 is well into "B Paper" territory and you're not likely to do a lot better than that. One other poster suggested trying a credit union. That's good advice up to a point. A credit union will treat you much more fairly than a bank will. However, a credit union will NOT loan you money if you are already in over your head, unlike many banks. Some see this as a negative with credit unions but I view it as a sound practice that considers the customer's financial harm by overextending themselves.
5. Ask your parents or grandparents for a loan. Other than that you are lucky to only have 16%.
6. If you have a poor credit score, it is difficult to get a loan from most banks and financial institutions. Credit is usually available only at a very high interest rate.Only few companies provide loan with poor credit score.Check out link for details. http://www.acreditlibrary.com/prosper.