Updated: Apr 1
What does REFINANCE mean?
Refinancing is most commonly related to home loans, so many people don't know you can refinance your vehicle. The process involves taking out a new lower interest loan to pay off your existing loan.
Let's say you purchased your car 2 years ago and have a rate between 6% and 7%. In those 2 years, you made your payments on time and raised your credit score. You may now be eligible for a lower rate, let's say 4% to 5%. This 1-2% decrease could save you hundreds or thousands depending on how much you still owe.
How to Refinance
If you are ready to take the plunge, we are here to help! You are already pre-approved and should have received your offer in the mail. To begin your online application, please click the link below.
Received an offer? Start Here
Interested In Refinancing? Start Here