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In many cases, refinancing your car through a credit union is possible. Learn the benefits of refinancing through a credit union and if it's right for you.
You can still refinance an auto loan with bad credit, but getting a good rate can be difficult. Borrowers with low credit scores generally pay much higher interest rates.
Many car owners refinance their loans to get a more affordable payment. If your monthly budget is tight and reducing your car's monthly payment will help significantly, refinancing can help you out.
Space Coast Credit Union (SCCU) is an American state-chartered credit union headquartered in Melbourne, Florida. It is insured and regulated by the National Credit Union Administration (NCUA). [ 2 ] As of 2022, SCCU had over 560,000 members and $7.7 billion in assets, making it the third largest credit union in Florida.
MidFlorida Credit Union (stylized as MIDFLORIDA) is a credit union based in Lakeland, Florida. MidFlorida has 58 locations throughout the state of Florida, 421,180 members and $6.05 billion in assets as of December 31, 2021, [ 1 ] making MidFlorida the fourth-largest credit union in the state of Florida. [ 2 ]
If your credit score has improved since you first received your auto loan, there is a good chance you’ll qualify for a lower interest rate if you choose to refinance. Your Original Loan Wassn ...
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