If you are looking to refinance your car loan, it is probably because of the lower monthly interest payment. However, it would help if you remembered that there is an opportunity cost involved here. Refinancing for lower interest payments will increase the loan term along with the total money paid in interest. Here are […]

Refinancing your car happens when you replace your car loan with a new loan from another lender with different interests. This is a strategic, money-saving switch that lets you adjust the conditions of your car loan – the months left and the amount due –according to any new changes in your financial plans. This article […]