Car question?

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Ok so i bought a new car, i had very bad credit so they gave me a deal with a high interest. Now the question is i have heard that if u pay more than what they ask for ur monthly payment, the rate will go down and your credit will go up?? Is this true?should i pay more than my monthly payment?? I ask because i was planning on exchanging my car for an suv, but if i do, as of now they can only offer me used cars with low mileage but if i want to see if theres anyway i can pull my credit up and get a brand new suv?

thanks for your help guys

Car question?

Worry about the car you have now.Trading it in on a suv which you don't need is not going to help your bad credit any. Paying more than your monthly payment will pay it off sooner saving you interest charges,but it will do nothing for your high interest rate.



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