where can I find a lender to refinance a vehicle my relative is paying for.?
my relative can’t afford the vehicle any more and citi financial is planning to pick vehicle up. Citi financial is willing to accecpt $7000. which is below what is owed. Just looking for a lender that can help me help my relative.
It is highly unlikely that you will find a bank to refinance a vehicle. Vehicles go down in value once they are driven off the lot, that’s why when you get a loan for a car, you are getting a loan that’s higher then the cars worth. If I were you, I take the offer Citi Financial of $7000. Just be sure that you get that in writing and that they don’t take the car.