While many people are familiar with refinancing home mortgages, few people realize that you can do a similar process with your auto loan. For instance, refinancing your house is often complicated, takes months, and costs thousands of dollars, but refinancing to save money on your car is a surprisingly quick, easy, and inexpensive process.
Stephanie Meinerz, Vice President of Operations at iLendingDIRECT, recently joined local morning talk show Colorado’s Best to educate viewers about what automotive refinancing is and how the process works.
For example, iLendingDIRECT customers save an average of $112 per month after refinancing their vehicle. That’s just over $1,300 a year. What would you do with that extra money? You can pay down high interest credit cards, take a family vacation, and even put it toward your taxes.
Over your entire loan, these savings translate into thousands of dollars. Even if you can only reduce your interest rate by a small amount, that’s still more money in your pocket. Take back your hard-earned cash from the Big Banks and spend it on your family instead.
Ready to learn more about automotive refinancing? See if you qualify to save money on your car with iLendingDIRECT’s expert loan consultants. Our company is a proud Better Business Bureau® Accredited Business. We have maintained an A+ rating for just over 12 years since our founding in 2006. In 2018, we won the BBB Torch Award for outstanding business ethics. In other words, we work with our customers to provide them with the best possible loan for their unique financial situation.
Call (303) 607-6200 or simply fill out this form to start today! Most importantly, it is completely cost free to inquire and will not affect your credit score.