Purchasing a vehicle is a major financial commitment. It requires a lot of research and thought, plus endless amounts of planning for the months of spending ahead. Most aren’t prepared to pay for a car in full, so they opt for an auto loan. But, if they lease with the auto-dealer or have a change in credit, it’s likely that their monthly payments are too high.
Many people are unaware they can save money by refinancing their vehicle and don’t understand how it works. The process involves transferring ownership of the car payments from one creditor to another. The auto loan is essentially paid off and replaced with a new one from a different lender. Refinancing can often be a complicated process — one that requires a lot of negotiating, shopping around, and phone time with lenders to discuss your loan situation. Luckily, there are third parties like rateGenius that help you work with lenders to find the best plan for you.
rateGenius has over 20 years of experience working with banks and credit unions to offer the lowest rates possible. Drivers can apply to refinance by giving rateGenius information about their vehicle and current loan. rateGenius’ application process is done entirely online, and they even work with people who have an imperfect credit score. After applying, the company quickly finds customers the most competitive vehicle interest rates, so you can get affordable monthly payments for your needs. The experts compare more than 150 lenders nationwide to find the lender that’s right for you. In fact, rateGenius has the largest network of credit unions, which traditionally offer the lowest possible rates on auto loans. The company also offers a loan calculator online, so you can estimate the cost of your monthly refinanced loan payments.
Some predatory services charge high fees upfront, but rateGenius gets paid by the lender to secure your new loan, doesn’t get paid unless they secure you a loan with lower payments — so when you choose to refinance your vehicle to save money, you’re actually saving money. Aside from financial savings, refinancing a vehicle can help manage your credit score or remove another person’s loan from your own, such as in the case of a divorce. Plus, refinancing your vehicle can help pay off your car faster — the smaller the amount you have to pay and the less time you spend accruing, the more likely you are to pay off the loan sooner.
Customers who use rateGenius can get interest rates as low as 2.99% and an average savings of $78 per month. That’s $937 per year extra in your pocket that would normally be wasted on your car payment or another refinancing company. Furthermore, over the life of the loan, rateGenius customers save about $5k on average. Year-to-year, customers felt more financially free because of the extra cash in their bank accounts. Considering the extra things you can buy — furniture, weekend trips, or a spa vacation — just might be the push you need to refinance before your next car payment is due.
Purchasing a vehicle is a major financial commitment. It requires a lot of research and thought, plus endless amounts of planning for the months of spending ahead. Most aren't prepared to pay for a car in full, so they opt for an auto loan. But, if they lease with the auto-dealer or have a change in credit, it's likely that their monthly payments are too high.
Many people are unaware they can save money by refinancing their vehicle and don't understand how it works. The process involves transferring ownership of the car payments from one creditor to another. The auto loan is essentially paid off and replaced with a new one from a different lender. Refinancing can often be a complicated process — one that requires a lot of negotiating, shopping around, and phone time with lenders to discuss your loan situation. Luckily, there are third parties like rateGenius that help you work with lenders to find the best plan for you.
rateGenius has over 20 years of experience working with banks and credit unions to offer the lowest rates possible. Drivers can apply to refinance by giving rateGenius information about their vehicle and current loan. rateGenius' application process is done entirely online, and they even work with people who have an imperfect credit score. After applying, the company quickly finds customers the most competitive vehicle interest rates, so you can get affordable monthly payments for your needs. The experts compare more than 150 lenders nationwide to find the lender that's right for you. In fact, rateGenius has the largest network of credit unions, which traditionally offer the lowest possible rates on auto loans. The company also offers a loan calculator online, so you can estimate the cost of your monthly refinanced loan payments.
Some predatory services charge high fees upfront, but rateGenius gets paid by the lender to secure your new loan, doesn't get paid unless they secure you a loan with lower payments — so when you choose to refinance your vehicle to save money, you're actually saving money. Aside from financial savings, refinancing a vehicle can help manage your credit score or remove another person's loan from your own, such as in the case of a divorce. Plus, refinancing your vehicle can help pay off your car faster — the smaller the amount you have to pay and the less time you spend accruing, the more likely you are to pay off the loan sooner.
Customers who use rateGenius can get interest rates as low as 2.99% and an average savings of $78 per month. That's $937 per year extra in your pocket that would normally be wasted on your car payment or another refinancing company. Furthermore, over the life of the loan, rateGenius customers save about $5k on average. Year-to-year, customers felt more financially free because of the extra cash in their bank accounts. Considering the extra things you can buy — furniture, weekend trips, or a spa vacation — just might be the push you need to refinance before your next car payment is due.
By Massimo Tornambe Scott Disick, aka “Lord Disick” has gained fame and a devoted following since his appearances on the reality show, Keeping Up with the Kardashians. Disick is renowned for his expensive taste in clothes, cars, and women. The question that millions of fans are asking is: where did his fortune come from? Scott
Traditional weddings can be incredibly stressful, not to mention super pricey – many newlyweds couldn’t even buy a house with that money. What’s supposed to be the happiest day of your life can often feel like an endless quest for absolute perfection – almost as if the ceremony doesn’t come off flawlessly, the marriage itself
The Momager May Be Worth More Than You Think… Kris Jenner is a pop culture icon for many reasons. While you may have watched her meteoric rise to fame on Keeping Up with the Kardashians — which originally debuted on E! — she’s actually been a fascinating figure in the public eye for ages. As
Everyone says the economy’s healthier than ever, but some of us still find it necessary to make that paycheck stretch…and stretch…and stretch. The better we understand our spending habits, the better we can manage them. Living frugally can benefit you in many ways. You’ll grow more self-reliant, creative, and resourceful as you learn to make
Spring is in the air — and while you’re clearing out closets and scrubbing the back corners of the kitchen drawers, why not do a deep clean on something that really weighs you down? We’re talking about debt. Yep, those sneaky credit card balances, student loans, Buy Now Pay Later plans, and subscriptions that keep
Attention fellow thrifters! Raise your hand if you’ve ever experienced buyer’s remorse over some of your past secondhand shopping. *Raises both hands, high.* One of the many benefits when it comes to thrifting vs. shopping high-end retail, is that it saves you a ton. With this in mind, it’s easy to get carried away with
In the 1980s movie Little Shop of Horrors, the protagonist Audrey fantasizes about owning a house of her very own. She doesn’t ask for much: just a simple one-storey place with a washer, dryer, and bedding will do. And while this moment in the film is intended to satirize the American Dream by underlining how
Tax season can absolutely wreck your life for a few weeks, especially if the very thought of anything math-related makes you break out in a rash. (No? Just me?) But regardless of how overwhelming organizing all your receipts and deductions may seem, the process can be made a million times easier with the help of
Despite the fact that late-stage capitalism is an amoral hellhole driven by a borderline religious belief in the sanctity of brands, we would never, ever suggest that anyone should shoplift from big-box stores, or even imply that doing so is morally okay or a victimless crime. But hypothetically, if we were to give any tidbit
In this month’s Money Journal, Celia is organized and disciplined yet enjoys her life “to the Max” Welcome to Money Journal, a monthly Paypath series that examines how Americans really handle their finances. Our participants keep a journal of their earnings, spending, and savings (if any), then share what it’s like to live in their
