Jenny321 0 Posted October 4, 2020 Report Share Posted October 4, 2020 So I was trying to find some info on this, so any advice will help.. I had a loan through Nissan and missed a few payments so they closed my account. After talking with them they agreed they won't send it to collections or repo it as long as I make my payments on time, which I have been. They told me they won't open my account back up though. I have a credit score of 592, and still working on improving it.. Is there any way I could possibly refinance the loan or if I could trade it in and have the balance rolled into another loan? The amount left is 14,942$..... Or am I screwed because the account is closed? Quote Link to post Share on other sites
WhoCares1000 768 Posted October 5, 2020 Report Share Posted October 5, 2020 You would probably have to borrow the funds from a different lender because I am sure Nissan is not interested in loaning money to you anymore. The problem is, your credit score puts you in the subprime lending group and I doubt you would find anything under 10% and more likely in the 15% to 20% area. If you loan with Nissan is less than that, you are better off keeping it with Nissan, even if it is closed. Quote Link to post Share on other sites
