When you re-finance, you are just applying for a new loan. You cannot get a car loan anywhere without prove of income. Your credit score could be 800 and they’d still deny you.

Pay off your credit cards and keep them open. If you have extra money, pay down your car loan faster. Don’t even bother trying to re-finance, it’s not going to happen.

….whoa whoa whoa….stop right there. You have no job but you expect someone to give you a loan???? Think about it, sister. Would YOU give you a loan knowing you had no stable income and a history of credit issues?? Of course you wouldn’t. Join the work force and ask this question again a year from now.

yes you will have to show them how you are obtaining money to pay the car note. You should try getting refinanced through a credit union. Your credit score is not bad or good. You are in between. Most credit unions say you must have a credit score of a 530 or better.

Of course paying off a $900 balance on a credit card will help your credit score. But they will not you refinance your car if you don’t have employment, and you will need to get your score to 720 or better to anything approaching a good interest rate.

No, closing accounts you don’t use will have a negative effect on your credit score.

A credit score of 655 is not too bad (700 would be better), but you’ll need about six months of steady income, enough income to pay your loan plus all your other bills, and no excessive debt.

No, don’t actually close your credit card accounts. It’s better for your credit score to leave them open and have a low balance. A good credit score is about having accounts that you use wisely, not about having no accounts.

You sound like the people that came in and tried to trade off those Mitsubishi’s after that 1 year and no payment program and oh yeah I don’t have a job, sorry it can’t be done.