Auto Finance Blog

Interest rates have dropped over the last 14 month and are at the lowest level that we have seen for many years.  With the economy struggling as it is, many people’s thoughts are turning to refinancing — refinancing their home loan, and yes, even refinancing their auto loan.  What many have discovered is that refinancing an [...]

I’m amazed at the amount of people that do not know they can refinance their auto. It seems like everyone knows about home refinancing but not as many know about auto refinancing.   There are a few similarities but several differences in the two.  One thing is for sure, auto refinancing is easier than home refinancing.
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From all the stories in the press, the financial markets continue to push downward the “doom and gloom” scenario of the subprime lending fiasco.  Where is it landing?  It’s headed towards the auto finance marketplace.  What is being said on the street is that the major lenders have no money to lend as they try [...]