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The cost of keeping your vehicle on the road each month is a challenge for many. Monthly payments on cars have soared — an average monthly payment of $533 for used vehicles and $726 if you buy ...
It’s no secret that car payments have gotten out of control in recent years. According to a recent report from Edmunds.com, the average monthly new car payment hit a record high of $736 in Q3 ...
When you refinance an auto loan, you essentially swap your current loan for a new one. Refinancing can help you secure a lower interest rate, a more affordable monthly payment, or a different ...
The real shocker is that consumers with upside-down car loans owe more money than ever before. On average, consumers owed $6,838 on upside-down auto loans, which is an all-time high.
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.
Then, use an online auto refinance calculator to estimate your new monthly payment based on the loan amount, current interest rate, current loan length, and loan balance.
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