As it’s time to start shopping for the holidays, you might realize that you’re a little short on cash. Meanwhile, the list of things to buy keeps increasing: presents, food for hosting holiday parties that got moved to your house, maybe even a plane ticket for your oldest, spending her first year away from home at college. You need to find cash somewhere.
If this is your situation, you should consider refinancing your car loan. In most cases, this can save you money, which is why there’s no better time than now to take advantage of this opportunity. When you refinance your car loan, you can free up cash by:
With better loan terms, you can save a lot of cash this holiday season. Most importantly, getting a new car loan can lower your monthly payments. This means that you’ll have lower bills on your car loan month after month, which can infuse your monthly budget with extra cash and save you a lot of money over the long term.
Perhaps most importantly for the holidays, you can usually skip a car loan payment when you refinance. That’s hundreds of dollars you won’t have to pay this month and can put toward other expenses. It makes now the perfect time to refinance – you can time your skipped payment to coincide with holiday bills.
With refinancing, you can often get a better interest rate on your car loan than the one you initially accepted. This means that you won’t just be making lower monthly payments, you might end up paying less for your car in total. That’s a real cash savings that you will appreciate every holiday season.
When you buy your car, the odds are good that your initial lender didn’t give you the best loan possible. In fact, if it was the dealer, they likely didn’t even try. They’re selling you a car, and if they’ve really sold you on the car, they can get away with giving you a bad loan.
But at iLending, we aren’t selling you a car. We’re trying to help you lower your expenses associated with the car you’ve already purchased. Our team is truly committed to empowering you to take control of your finances, so we try hard to get you the best possible terms for your loan.
The most important reason to work with iLending is that we can save you a lot of money every month. In 2020, we saved customers an average of $144 a month on their car payments, and some of our customers have saved much more – as much as $300+ a month, every month. Read true savings stories here.
There’s no guarantee that we can save you money, but we make it super-easy to find out if we can. The process takes only a couple of minutes to complete and won’t affect your credit score. There’s nothing to lose by applying.
Once you apply, our exclusive You First Approach™ takes all the hassles out of refinancing your car loan. We match you with the best lender and best rates. You’ll work with a dedicated personal loan consultant who is dedicated to delivering the highly personalized care you deserve throughout the entire process. You personal loan consultant will even help you assemble all the paperwork necessary to finish your application. This makes it easy to get your new car loan and start saving immediately.
Are you looking for an easy way to free up money in your budget to celebrate the holidays? iLending can help you save money not just immediately, but for the entire length of your car loan. It only takes minutes to find out how much you can save!
Start the refinancing process today.