Keep the car you love but ditch the overpriced rates and fees that came with it. Apply for an auto loan refinance and see how much you can save.
Article Summary: Though you can’t hide your vehicle to avoid repossession, you do have several options to avoid repossession. This includes refinancing your loan, declaring bankruptcy, or selling the vehicle with your lender’s permission. You also have the right of redemption after repossession, meaning you can reclaim your vehicle if you pay off the entire […]
Article Summary: As car prices increase, longer terms, such as 72-month car loans (six years) are becoming more popular. Auto loans with a 6-year term have lower monthly payments, but this also means you have to pay more interest over the life of the loan. In some cases, it can also trap borrowers in a […]
No one wants to pay more than they need to toward their monthly bills. Yet, auto loan debt is higher than ever. The less money you spend on your monthly car payments, the more you’ll have left for everything else. So how can you reduce your losses? One great way to lower your auto loan […]
A car is an essential part of most Americans’ lives. Without one, many can’t get groceries or commute to work. 65% of car buyers choose to get an auto loan. Cars may be important but they are also expensive. Most people can’t afford or don’t want to pay cash for one. That means most prospective […]
As of January 2019, the average APR for a 48-month auto loan was 5.30%. Average auto loan rates October 2019 48-month new car loans 4.57% APR 60-month new car loans 4.61% APR 36-month used car loans 5.11% APR The average APR for 60-month auto loans has dropped to 4.61% APR. However, dealerships can offer much […]
What are your goals in life? Do you want to travel, go to college, start a family, retire at 40, build a business, or all of the above? Regardless of what your dreams are, reaching them usually requires careful planning and money. These five steps will help you set and achieve your financial goals. 1. […]
Refinancing a car loan is the process of replacing your original auto loan with a new one. That much is obvious, but how does refinancing a car work Depending on your situation and credit profile, refinancing could save you money through a lower interest rate, a longer repayment period, or both. It can also give […]
Is refinancing your car a good or bad idea? Remember. Refinancing an auto loan doesn’t always save money. Here´s how to determine whether a refinance is a good deal. The average car loan in America is now anywhere between $400 – $500 according to an Experian report. $400 – $500 Average car loan payment in […]
When you bought your car two years ago, your credit score was poor due to late payments on a couple of credit cards, and your income was ho-hum. You were still able to get a loan for a car, but the terms were not very good. The interest rate was quite high at 17%. t […]
Many people will get an auto loan to purchase a car and then not give it much thought after that, other than the monthly payment. However, it’s possible you could be saving money by refinancing your auto loan. Gary Guthridge, manager of the consumer lending portfolio for Navy Federal Credit Union, advises, “Don’t overlook your […]
Copyright 2022 SuperMoney, LLC. All rights reserved.
SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. All products, logos, and company names are trademarks™ or registered® trademarks of their respective holders. Their use does not signify or suggest the endorsement, affiliation, or sponsorship, of or by SuperMoney or them of us.
This content is not provided by any financial institution. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any financial institution.
SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). SuperMoney strives to provide a wide array of offers for our users, but our offers do not represent all financial services companies or products.
We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.
