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How do I switch car loans to a different lender?
I've had some issues with my current lender, and I want to get an account elsewhere. Is there any way I can switch my car loan to a different company?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Sorry to hear about your issues with your current lender! I’m glad to say that you can certainly switch your
car loan
to a different company.In order to switch your lender, you’ll have to refinance—but that shouldn’t be too difficult! As long as your credit score and income are similar to when you got your original loan, you only stand to save money.
In order to save money, it’s a good idea to shop around for the best refinancing rate. And if you’re considering a refinance, don’t forget about your car insurance! With the
Jerry
app, we’ll get you customized quotes from top providers in seconds, so that all you have to do is pick the plan that’s best for you! (And once you choose one, we’ll even help you switch!)Best of luck with the refinance!
MORE: How to refinance a car
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- Gregory R.
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