"How do you refinance a car loan if your lender doesn’t offer refinancing? "

"I would like to refinance my car loan to save myself some money and hopefully lower my monthly payments, but my lender won’t do it. Am I stuck?"

“No, you are not stuck. Your best option is going to be to check with a credit union to find the best interest rate that you qualify for. From there your balance will transfer from one lender to another and you will start making payments to the new lender.
Before refinancing you should make sure that your current loan doesn’t have a prepayment penalty or any other fees for paying the loan off early or refinancing might not save you any money.”
Johnny Puckett
Answered on Jul 26, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.

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