When should you refinance your car loan? And when to wait
Time your car loan refinance right to receive the maximum benefits.
About the author
Rebecca Betterton, a Certified Financial Education Instructor℠, is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
Time your car loan refinance right to receive the maximum benefits.
Avoid these car financing mistakes that can take money out of your pocket.
Here’s what to ask when buying a car to make sure you get a deal, not a lemon.
Having bad credit can make it hard to lease a car. Here’s what to do.
First-time car buyer programs often have more flexible requirements.
How cutting down on social media consumption can help your finances.
Learn how to get preapproved for a car loan.
Use average car payment data to inform your budgeting.
Negotiate the whole price, not monthly payments, to get the best deal on a car lease.
Buying a car while in bankruptcy has a few more steps than normal. Learn how to navigate the process and alternatives.
Finance a new or used car or refinance an existing auto loan with Capital One. But you'll be limited to its network of dealers.
Tresl and Ally cater to borrowers looking for online financing options.
Different auto loan types suit different types of buyers.
Fifth Third Bank offers auto loans for new and used vehicles and auto refinance loans to its members with checking and savings accounts.
U.S. Bank vs PNC: both giants offer auto loans, but each with different strengths.
If you have fair or poor credit, consider Auto Approve and Ally for refinancing.