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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]
The benefits of refinancing your current auto loan center around saving money. You may also be able to refinance for more than you owe if you need cash. You may also be able to refinance for more ...
Benefits of Refinancing a Car Loan. Refinancing a car loan has a number of advantages, especially if it can help you save money. Here are some of the biggest pros of refinancing an auto loan.
The process is straightforward if you decide to refinance your auto loan. Gather your documents : You should start the process by gathering your documents so you know exactly how much you still ...
The borrower then pays off the financial institution the same as for a direct loan. [citation needed] Typically, the indirect auto lender will set an interest rate, known as the "buy rate". The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate".
It’s also possible to refinance your auto loan to cut the number of monthly payments remaining. Your payment amount likely will go up – if you refinanced that $14,950 loan at 7.99% APR for 24 ...
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