Car refinancing

Blueskies2

I have a car purchaed on finance (HPA) with optional end of agreement purchase/balloon payment at an interest rate of 9.9% over 60 months. My credit rating has improved since I purchased a year ago and I am keen to see if I can get finance for a lower interest rate. Is it worth looking into this? Does anyone have experience of refinancing a car mid agreement? 

[Deleted User]

You could try.  However, your circumstances may not support a doubling of your indebtedness. 

Try an eligibility checker.

Blueskies2

Deleted_User said:

You could try.  However, your circumstances may not support a doubling of your indebtedness. 

Try an eligibility checker.

Ah, i see what you mean! Makes sense, thank you!