Cars / Auto refinance. Any recs on providers?
May 09, 2022
Auto refinance. Any recs on providers?
I'm looking to refinance my car loan. Other than a credit union which providers are recommended? I value low rates and fees, fast approval and all online. Thanks.
Replies (3)
S
May 09, 2022
@Queenie4GC, Your local credit union is probably the best bet but also check out companies like Caribou. When you do a refi though think about what your goal is? If it's lower monthly payments understand that you are probably getting a new loan that extend your loan term which means you will be paying higher interest over the loan term.
May 09, 2022
@SusanIQB, The last part here is so right. Often refinancing a car loan isn't the smartest option when it comes to your money because you will end up paying more in the long run.
May 14, 2022
@John266, okay that's why, thanks for that!