Term: refinance a car loan
2 found

Can I Refinance My Car Loan?

By Steven Shaw on 4/16/2013

Can I Refinance a Car Loan?

There are two main reasons why people refinance auto loans: 1) To lower the interest rate they are paying and 2) to reduce their monthly payment. You may be able to do both when you refinance, and save hundreds or thousands of dollars in the process.

As you look into refinancing, keep in mind that lenders may have minimum standards they require. For example, your remaining balance on your current loan may have to be at least $7,500 and your current mileage may not be more than 75,000 miles. Since each lender has its own standards, don’t be discouraged if the first lender you talk with can’t help you. Do, however, be sure to ask about minimum requirements before you apply so you don’t waste time applying for loans you can’t get.

auto loan
Car Loan
refinance
refinance a car loan
Refinancing a car

How to Save Thousands by Refinancing a Car Loan

By Steven Shaw on 2/21/2013

How to Save Thousands by Refinancing a Car Loan

Refinancing your vehicle loan could save you a few thousand dollars, and could be easier than you think. The average five-year new car loan rate is 3.72% as of Tuesday, according to the Informa Research Services’ Interest Rate Review. If you’re paying more than that, you should definitely take a few minutes to see if you can do better. But even if you’re paying less, you may still be able to lower your rate even further.

auto loan
Car Loan
ce
refinance
refinance a car loan
Refinancing a car