Auto Refinance

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

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

To Refi or Not to Refi? That is the question.
Okay, a few years back, you bought the right car for a good price, and despite the realities of car ownership, you're very happy with the experience, and with your monthly payments. But then, your friend tells you how much money she saved REFINANCING her car, and it gets you thinking, "I wonder what would happen if I refinanced my car?" Well, if you're wondering if it makes sense, if it's a good idea, if it will benefit you, you're in the right place. Fortunately, there aren't hundreds of concerns to weigh. According to Suzanne Kane of The Car Connection,… Read More

Costs of car ownership worry millennial generation
The common wisdom that Gen Y consumers – those born between 1977 and 1994 – no longer are interested in automobiles doesn’t seem to hold water, suggests Deloitte’s study. They’re just practical about the costs of car ownership and other factors involved in owning vehicles. “Among Gen Y consumers who do not currently own or lease a vehicle, cost seems to be the main barrier – with most (80 percent) saying it is because they cannot afford it and three quarters citing high operational and maintenance costs,” reported Used Car News. “Affordability is the mantra for Gen Y consumers who… Read More

Bankruptcy doesn’t have to prevent shoppers from getting a car loan
Bankruptcy may seem like the end of the world if you need to purchase a new or used car, but it doesn’t have to be. While lenders are more reluctant, generally, to extend financing to someone with a bankruptcy on his or her credit report, it isn’t always the case, especially if you find a financing company that has a lot of experience working with people with less-than-perfect credit, including bankruptcy. “If you have recently gone through a bankruptcy and are now finding it difficult to obtain financing for an auto loan, don’t despair,” says RoadLoans, an online lender with… Read More

The new car myth and the truth about used cars
How many new cars are on our streets and highways at any one time? Give up? It’s a trick question. The answer is: virtually zero. Almost 100 percent are used cars considering that even the newest among them lost several thousand dollars in value as soon as they were driven off the dealership’s lot. Oh sure, we talk a good game (and countless words are written) about new cars. But even if you don’t take the description “new” literally and count any vehicle up to a year old as new, the vast majority of cars, trucks, crossovers, SUVs, etc., still… Read More

What’s so great about refinancing your car, truck?
Refinancing your vehicle can be really smart.WHY IT'S GREATThe benefits fall into two categories: money now, and money later. However, the best way to approach it depends on you.It's easy to learn how refinancing works before you sign on the dotted line. RoadLoans has created this infographic to explain some of the mechanics of refinancing your car.LEARN THE ROPESRefinancing is ideally done at a time when interest rates are lower than they were when the loan was originally established. Since you might start a new loan with a lower rate, there could be less interest paid on the new loan… Read More