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Girlfriend has a car loan with a 28% interest rate, can she refinance?
Girlfriend has a car loan with a 28% interest rate, can she refinance? She bought a car five years ago and she is still paying it off. Needless to say, she is not financially literate. The car is worth like $2000 now, but she still owes $5800 on it. Her credit score is very, very bad. What are her options? She is beyond depressed and wants to give up on life. I feel bad for her, but I have no idea what to tell her...
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