If I Refinance My Car, Will I Lose My Warranty?
Refinancing a car loan can be confusing, particularly if you haven’t done it before. One question you might have is whether your car warranty (or warranties) will continue under your new loan. If so, breathe easy — most manufacturer warranties do remain in effect. Don’t let that keep you from trying to refinance and get […]
How Many Auto Loans Can You Have at Once?
Chances are, if you’re a licensed driver, you probably have a car loan. Around 85% of all new car purchases and 53% of all used car purchases are financed in the U.S., according to a report by Experian. The average American household also has more vehicles than drivers, and many of those additional vehicles are […]
How Long Does It Take to Refinance a Car?
The time it takes to refinance a car loan depends on a few factors, including the completeness of your loan application and your lender’s policy. The process can happen quickly, often within a few days of your application. Preparing for refinancing, including checking your credit reports and making sure that you can document the information […]
What Is a Good Interest Rate for a Car Loan?
If you’re considering buying a car, there’s a good chance you’ll wind up taking out an auto loan. The majority of drivers rely on car loans to cover all or a portion of their automotive purchase. In fact, Americans have about $1.18 trillion in car loans in total. The interest rate on your car loan […]