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Access quick cash. Some lenders offer cash-back auto loan refinancing, which can be beneficial if you need fast cash. It works the same as traditional refinancing, but in addition to a new loan ...
Fed rate cuts could make auto loans a better deal. If your current auto loan is high-interest, see if you can save money by refinancing your car.
Read More: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy Keep reading as we explore when it would be better to refinance your current loan and when it might be wise ...
RoadLoans is a direct-to-consumer auto lender operating online and specializing in subprime auto loans. Established in 2000, RoadLoans finances and services new and used car loans as well as offering auto refinance options. [1] The Dallas-based company is a provider of subprime auto loans in the United States. [2]
Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly. Indirect financing is arranged by the car dealership where the car is purchased.
Refinancing a car loan comes with fees that will ultimately impact your overall savings. Before you refinance, talk to your current lender about any fees you'll have to pay, like a prepayment penalty.
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