Im wanting to refinance my auto loan..has anyone done this and could maybe shed some light on how to go about doing it??

 

Best to go into your bank, or another bank where you want to finance. Sit down with a certified loan agent, most banks have people specific to loans, and hash out the details. I am refinancing mine next month, cut the payments in half. Just make sure to ask questions and figure everything out!

 

thanks

 

Just remember, you're going to owe the same amount, it'll be spread out longer and you'll wind up paying more in the long run unless you have a killer APR.

Just sayin.

Paying more than the minimum ftw!!!!!! Then your car is paid off sooner and you can get into REAL mods quicker. Can't wait haha

 

or you could just do what i did and refinance the loan for the same amout of months that you had left on your original loan. that way you dont finance it for longer, you just lower the amount of interest you pay