Auto Refinance Resources

Resources
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Is Now a Good Time to Refinance My Car? Winter 2023
Is Now a Good Time to Refinance My Car? Winter 2023
Finance
| Jan 31 2023
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Let’s face it: life is expensive right now. Rent, groceries, gas, insurance–the bills never seem to stop. So who couldn’t use a little extra breathing room every month? If you have a car loan, you may have heard that refinancing can help you out a lot....
Car Refinance Dictionary: The Terms You Should Know
Car Refinance Dictionary: The Terms You Should Know
Education
| Jan 26 2023
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Refinancing can feel overwhelming for many reasons. And a major part of that overwhelming feeling is that it sounds overwhelming. If you don’t know the lingo, that is. But let’s break down all of these terms and demystify the refinancing process.Here a...
Top Car Loan Refinancing Mistakes (and How to Avoid Them)
Top Car Loan Refinancing Mistakes (and How to Avoid Them)
Education
| Jan 25 2023
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Car refinancing may seem simple. After all, you are just replacing one loan with another, right? Despite how simple it may seem, there are a lot of ways that it can actually go wrong. So today we are talking about the most common mistakes people make w...
What is the Current Refinance Rate for Cars?
What is the Current Refinance Rate for Cars?
Finance
| Jan 24 2023
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When you decide to refinance your car, your goal is most likely to save money (although there are other reasons people choose to refinance). And while there are many factors that affect the car loan APR you are offered, the current auto refinance rates...
What is the Best Length of Time to Lease a Car?
What is the Best Length of Time to Lease a Car?
Education
| Jan 20 2023
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You may have preferences on a lot of details about your new car. The make, the model, the trim level. But you will have to decide on more than that when you choose to lease a car. You will also have to decide on the length of the lease, which you may b...
What's the Minimum Credit Score for a Car Loan?
What's the Minimum Credit Score for a Car Loan?
Finance
| Jan 19 2023
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When you buy a car, there is nothing that affects the car loan APR you will be offered more than your credit score. While it is not the only factor that will affect your approval and interest rate, it is hard to over exaggerate the importance of a heal...
10 Tips for Spring Cleaning Your Finances
10 Tips for Spring Cleaning Your Finances
Finance
| Jan 19 2023
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It’s still cold outside but we are thinking about the spring, and that means one thing: spring cleaning! While spring cleaning isn’t the most fun thing in the world, it is always a good opportunity to reboot and refresh. When you think of spring cleani...
How Do You Prepare for Auto Refinance?
How Do You Prepare for Auto Refinance?
Education
| Jan 18 2023
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There are a lot of benefits to refinancing your car. And the process is actually pretty simple. It can typically be done in a day, and the benefits can be long lasting. But what should you do to prepare for your car loan refinance, and how can you get ...
What's the Difference Between a Warranty and a Protection Plan?
What's the Difference Between a Warranty and a Protection Plan?
Education
| Jan 06 2023
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When you buy a new car, a factory warranty always comes standard. Warranties are essentially a promise from the dealership that they stand behind their product and that if something goes wrong, they will be sure to fix it for you. But vehicle protectio...
Will Car Leases Go Down in 2023?
Will Car Leases Go Down in 2023?
Education
| Jan 05 2023
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Leasing a car is a great option for many people, but leasing has changed significantly in the past few years. It is becoming a less popular option, with about 30% of new cars being leased before the pandemic compared to about 20% now. But why is this t...
What Would Disqualify You From a Car Loan?
What Would Disqualify You From a Car Loan?
Education
| Jan 04 2023
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If you have ever applied for a car loan only to be rejected, you may feel disheartened (and maybe even a little bit confused). But all is not lost! Understanding why you were turned down can help you get approved in the future, and correcting any probl...
Will 2023 Be Better to Buy a Car?
Will 2023 Be Better to Buy a Car?
Education
| Dec 30 2022
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The past few years have been, well, challenging, when it comes to buying a new car. If you’ve been holding off and waiting for things to level off economically, 2023 might not bring what you are hoping for. But with some preparation and personal consid...
Is Auto Approve a Direct Lender?
Is Auto Approve a Direct Lender?
Education
| Dec 29 2022
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Maybe you’ve seen ads for Auto Approve and read the reviews, but you’re still unsure of how refinancing works through Auto Approve. Is Auto Approve a direct lender? If not, how do they fit into the refinancing process?Today we are here to answer the mo...
Want to Trade in Your Lease? What You Need to Know
Want to Trade in Your Lease? What You Need to Know
Education
| Dec 28 2022
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When your lease agreement comes to an end, you may be wondering what to do next. A very common option for many is to trade your lease in for a new car. But how should you decide what to do, and what do you need to know?Here’s everything you need to kno...
How Much Car Can I Afford?
How Much Car Can I Afford?
Finance
| Dec 23 2022
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When you decide the time is right to buy a new car, it’s easy to get carried away. With so many makes, models, and exciting new features available today you can feel like a kid in a candy store. But there’s one factor that can jam the brakes pretty qui...
Four Ways to Pay Off Credit Card Debt
Four Ways to Pay Off Credit Card Debt
Finance
| Dec 22 2022
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Few things can financially drown someone faster than credit card debt. And with today’s record inflation, it’s even easier to overextend yourself. A study from the Federal Reserve Bank of New York found that 15% more people were in credit card debt in ...
The Difference Between Lease Payments and Finance Payments
The Difference Between Lease Payments and Finance Payments
Finance
| Dec 21 2022
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If money is tight every month but you need a new ride, you may be wondering which is better for you: leasing or financing. Deciding between leasing and financing will depend on a lot of factors, but a major factor is how much the monthly payments will ...
Top 6 Financial Resolutions to Kick Off 2023
Top 6 Financial Resolutions to Kick Off 2023
Finance
| Dec 15 2022
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The new year is almost here, and with that comes the opportunity to restart and refocus. It’s no surprise that one of the top resolutions for any new year is to get your finances in top shape. Today we are going over six new year’s resolutions that can...
What Amount of Liability Coverage Do Car Lease Companies Require?
What Amount of Liability Coverage Do Car Lease Companies Require?
Education
| Dec 14 2022
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When you lease a car you will have certain restrictions and requirements that you will have to adhere to, and one of those is the amount of insurance that you carry. Since you do not own your leased car, the dealership will require a certain amount of ...
What Banks Refinance Auto Loans?
What Banks Refinance Auto Loans?
Education
| Dec 08 2022
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When you refinance a car loan you are replacing one loan with another loan. But where should you actually go to get a car loan refinance? The good news is that there are a lot of places that refinance car loans, but not all are created equally.Here’s w...
How Do I Get Out of an Upside Down Car Loan?
How Do I Get Out of an Upside Down Car Loan?
Education
| Dec 07 2022
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Being in an upside down loan is less than ideal. It’s something no one ever anticipates, but it can happen to the best of us for a number of reasons. An upside down loan (also called an underwater loan) is when you owe more on your car than your car is...
5 Signs a Car Lease Buyout is Right for You
5 Signs a Car Lease Buyout is Right for You
Education
| Dec 06 2022
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In the United States, 25% of people choose to lease their cars rather than financing them. While there are a lot of benefits to buying a car, car leasing is popular for a lot of reasons. Popular reasons for leasing include:Lower monthly paymentsLess ca...
Do Companies Look at Your Car When Doing an Auto Refinance?
Do Companies Look at Your Car When Doing an Auto Refinance?
Education
| Dec 05 2022
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If you are looking to refinance your car loan, you may be wondering what the qualifications are. What do lenders look at–your car, your credit, your existing loan? Yes, yes, and yes. But let’s look at what specifically is important and what you can do ...
What is Residual Value on a Car Lease?
What is Residual Value on a Car Lease?
Finance
| Dec 01 2022
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If you have a leased car (or are thinking about leasing), you have probably seen the term residual value a few times. But what exactly is residual value, and what does it mean for you?Let’s talk about how car leases work and what residual value is.How ...
What Happens to Your Credit When You Refinance a Car?
What Happens to Your Credit When You Refinance a Car?
Education
| Nov 29 2022
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Car loan refinancing can help you save a lot of money. By refinancing your existing loan you can get a lower car loan APR and change your repayment period. But when you choose to refinance, will it affect your credit score? Here’s what happens to your ...
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