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You can refinance an automobile loan for as long as seven years. Depending on the bank that you use, it will be as long as seven or less.

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14y ago

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Do auto refinance loans generally come with high interest rates and how do I qualify for one?

Auto refinance loans do typically have higher interest rates than new purchase loans. You can get refinance loan from many major banks and credit unions.


What to Look for In a Refinance Auto Loan Calculator?

If you are looking to refinance your car, there are many considerations to take into account, considerations that before the Internet were not really able to be calculated except by the most dedicated of retail investors. However, with the rise of free online refinance auto loan calculators, the common retail investor can see what is going on in the market before visiting an auto loan refinance dealer to get in the ballpark of what he or she should be getting. Make sure to place proper values in for the value of your car (see Blue Book web site) and the amount of money to be refinanced.


Refinance Auto Loans?

Refinance auto loans are a great way for people to save on their monthly bills and to lower interest rates. However, there are many options from which one can choose, which is why it is important to shop around, know one's credit score, and really understand what one wants to accomplish from this refinance. With this in mind, one can compare rates online and can also talk with an existing lender to find the best prices on auto loans. This could end up saving a person quite a bit of money.


Where can one find information about applying for an auto refinance loan?

One can find information on refinancing an auto loan through many financial institutions. They will be able to inform the individual of amount outstanding, how much one would qualify for, and interest rates. Some include RBC, TD Bank, and Scotiabank.


How can you calculate your mortgage at 7 percent for 30 years?

Many mortgage brokers have something called a mortgage calculator. Call your mortgage company they should be able to help you. When you find out what your mortgage is at 7% for 30 years you might consider, if qualified, to refinance into a lower interest rate.


Where can I find out information about auto refinancing?

When you refinance something, you are signing a new loan contract for a lower interest rate and potentially lower monthly payments. You can do this through your current lienholder or through any financial institution. Many people refinance their vehicles in order to have a lower monthly payment, but now is also a good time to refinance because interest rates are low.


When You Should Use A Refinance Calculator?

Many consumers struggle with knowing the best time for them to refinance their loans. Using a refinance calculator about every six months can help you decide if refinancing is in your best interest. It is a good idea to refinance a mortgage or auto loan if the interest rate you will be charged is significantly lower than your current rate. Refinancing helps to lower your monthly payment, but people are often charged fees when they refinance, so it should not be done unless the payment will be significantly lower after any fees are paid.


How can I qualify for auto refinance for older cars?

To qualify for auto refinance for older cars, you typically need a good credit score, a stable income, and the car should not be too old or have too many miles on it. Lenders may also consider the current value of the car and your loan-to-value ratio. It's important to shop around and compare offers from different lenders to find the best deal.


Refinancing Auto Loans?

Most people today have auto loans to help them pay for a new car. However, over time, the terms and rates of a loan may no longer suit the car owner. This happens when a person's credit score and financial situation change. It is normal to try and refinance auto loans. Doing this could help a person lower everything from their monthly payments to the interest rates and duration or term of the loan. To refinance auto loans, one should shop around and see what different groups can offer. Negotiation is key. With time, great rates and terms can be found on refinance auto loans.


How many days after signing papers can one back out of refinance in Florida?

I signed paperwork to refinance my home in Miami fl on Friday pm Today we found a better deal. How many days do I have to back out of refinance?


If your car has been repo'd how can you find a lender who will refinance it?

^^previous poster^^ my car has been reposessed in the state of Washington, and the finance company has told me that in the state of Washington the payoff balance must be paid in full my (me) or another financial institution. i have tried through my personal bank, a couple credit unions, and many online auto refinance companies.. all have denied my applications for auto refinance. i have bad credit. self employed. also working part time at night. i really don't care what my apr is at this point, but i hope someone could help me find a company that may refinance me.. i feel like i am completely out of options.


What bank can I go to to refinance an auto loan in South Carolina?

There are many banks which offer refinancing for an auto loan in SC but you should choose a bank which has nationwide presence. I would preferably advice you to opt for Bank of America. This bank operates in most of the United States.