I owe four grand on my car loan. My current interes rate is 10 percent. Should I refinance? What are the pros?

• secured loan adverse credit
• credit consolidation loan
• no credit check secured loan
• apply for credit
• apply for first credit card
• apply for credit card instant approval

I owe four grand on my car loan. My current interest rate is 10 percent. Should I refinance? What are the pros and cons? My current car payment is 270 a month. The reason my interest rate is so high is because when I purchased the vehicle, I had no credit. This was a year and a half ago, I think my credit is way better now.

Additional Details

I ran my credit six months ago and it was a 658. My only issue, my loan consultant told me I had "weak credit".

I owe four grand on my car loan. My current interes rate is 10 percent. Should I refinance? What are the pros?