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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.
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.
If you're wondering how car refinancing works, ... When you refinance a loan, the new lender pays off the original lender. ... imagine your current auto loan of $25,000 has a 5 percent interest ...
Ask the lender to modify your current loan or consider trading your car in or selling it privately to get the relief you need. But if refinancing is the right choice for you, check out Bankrate ...
The first step is to get quotes from lenders that are willing to refinance car loans. You'll need to provide the lender with basic information about your credit score, vehicle, and payment history.
Saving money is the name of the game when it comes to loans. With current, low interest rates on auto loans, drivers might be tempted to save money with a refinanced car loan. Whether an auto...
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