Where can I refinance my car loan?

I've been told I can refinance my car loan to get a lower interest rate. I'd like to save some money. Where can I refinance?

Answer
Refinancing your loan is a great way to save money!
There are plenty of lenders that specialize in refinancing, but your best option is to first check with your current lender. After a certain amount of time, most lenders will consider refinancing your loan as long as you’ve been making payments on time. And since you’re already a borrower with them, you may have a better chance at getting a great refinancing rate.
But even if you like the rate your current lender is offering, it never hurts to shop around. Comparison shopping for refinancing rates is the best way to ensure you’re saving the most money possible.
If you’re looking to refinance your vehicle, Jerry can help. Jerry compares offers from multiple lenders to make sure you never overpay for your loan.
Emily Maracle
Answered on Oct 26, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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