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 [...]

One thing that is so often overlooked is that if you have improved your credit over say, six months, you can actually get a lower interest rate than when you purchased your car. If you’ve had a few late payments in years past but have been making on time payments and have taken control of your credit – Now might be just the perfect time to refinance.

In part two we talked about how more often than not, if you ask anyone about “refinancing”, they associate it with their home mortgage, a lot of paperwork and expensive fees. What consumers have not clearly been aware of is that by refinancing their car loan, they can possibly save money on the interest they [...]