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Recent Articles In Refinancing

Can I get guaranteed auto refinancing?
  There’s never a bad time to save money, and applying for auto refinancing is a great way to see if you can trim your expenses and enjoy a little extra cash in your budget each month. While it’s hard to say you can get guaranteed refinancing, as everyone’s situation is different, it’s certain there are auto lenders that accept applications from people with all types of credit. So even if you have bad credit,* perhaps the legacy of missed payments, even bankruptcy of repossession, you can still look to refinance your car loan for better terms. There’s a clue… Read More

How does refinancing a car work?
  Refinancing a car is the process of having your car loan paid off and replaced with a new one, often with a different lender, that has new agreed-upon terms. There are various possible outcomes and, in many cases, it’s about saving money, though not always. Borrowers often look for a lower monthly payment, reduced interest rate or different loan duration, or a combination of these. Let’s look at each in more detail. 3 potential outcomes of refinancing an auto loan  Lower monthly payments Refinancing may lower the monthly car payment. This might be by reducing the interest rate or… Read More

What is refinancing a car?
  If you’re new to the world of refinancing a car loan, there’s plenty to learn and understand. One of the most common questions is simply “what is refinancing a car?” and the answer will help financing newcomers get up to speed. Refinancing a car means a new loan is used to pay off an existing one, with the vehicle as collateral. The refinanced loan is a new contract between lender and borrower with agreed upon terms like interest rate, monthly payment amount and loan duration. How these terms are different from the current loan may vary according to the aims and… Read More

Auto refinancing: it might save you cash
How well do your finances read? If you’re looking to make savings following the expense of the holidays, refinancing your auto loan may be an easy way to do it. It’s an opportunity for approved applicants to possibly attain lower monthly car payments, and by reducing a fixed expense like that, the money saved is of course available for other things in life. Like paying credit card bills, or even putting cash aside for a vacation. How does it work? If auto refinance is a new concept to you, it works by paying off your existing car loan and replacing… Read More

How to find some of the best auto refinance rates
When talking about the best auto refinance rates, what’s most suitable for one person may be different to what’s best for another. So finding some of the best auto refinance rates for you depends on your own financial circumstances and aims, and what you’ll qualify for. Where to start and what to look for Start off by reviewing your current auto loan details. These will include key pieces of information like loan balance, monthly payment and annual percentage rate (APR) which will act as reference points for potential refinanced car loans. Use an auto refinance calculator to experiment with what… Read More

Should I refinance my car?
How you might approach a financial fork in the road* Even if you’re not currently thinking about replacing your auto loan, “should I refinance my car?” could be a question worth asking yourself. Put simply, paying off your existing loan and refinancing with another that might better fit your situation could possibly save you money. How? You may be able to find a lender offering a lower rate of interest, and lower monthly payments, than your current provider. What’s more, the whole process doesn’t have to be a time-consuming hassle. Which direction should I take? Here are some tips and… Read More

How to Refinance Your Car
If you have a car loan that you are looking to refinance, consider asking RoadLoans for help. We work with a variety of credit situations and have assisted many people in coming up with a plan to help them save money on their car loan. To understand how simple this process can be, we have developed a complete step-by-step guide on how to refinance your car that is outlined below. † When considering whether or not to refinance a vehicle consider your options. 1. Start off by researching your current situation. Review the terms of your current loan agreement. Determine… Read More

Tax time and refinancing – the basics
  Of the two certain things in life, only taxes can actually have an upside. Now, we're about to give you so much information about car refinancing, tax refunds and related information, that we're putting the necessary disclaimer legalese right up front for this blog post: DISCLAIMER: These statements are informational suggestions only and should not be construed as legal, accounting, or professional advice, nor are they intended as a substitute for legal or professional guidance. Please consult a tax professional. Now that that's out of the way, let's get to the good stuff. Related: Tax returns and auto loans… Read More

Refinance: what, why and when*
  What is refinancing? If you're making payments on a vehicle, and the only thing about it that you don't like is the way the money pans out each month, you might have an option that is worth your time and attention: refinancing. Refinancing is like taking out a brand new loan to replace the existing loan that you are using to slowly-but-surely buy your vehicle. Just like the original loan, it requires you to complete an application process (ideally, a fast, instantly submitted, quickly processed online form), and have a credit check by the lender. Once approved to refinance,… Read More

Refinancing With Bad Credit
  There are seasons of life when times are great, but lately, it seems like a lot of people have had it tough, and some people's credit scores haven taken a hit as a result. In some cases, refinancing with bad credit might be a very smart move.* It is a similar process to the refinancing of a home mortgage. When you refinance a loan, it begins a new loan, and sometimes does so by fully paying off an existing one. In the process of beginning a new loan, the lender will usually check your credit and see anything that… Read More