We're Here to Help You Save on Your Car Loan

When you refinance, a new lender pays off your existing car loan and issues you a new loan with different terms—often with better car loan rates, lower monthly payments, or both. It's a straightforward way to improve your car finance situation.

While requirements vary by lender, most competitive refinancing options become available with credit scores of 620 or higher. However, we work with multiple lenders who consider various factors beyond just your score to find you the best car loans available.

Most modern car loans don't have prepayment penalties, but it's always worth checking your current loan terms. When you refinance with us, we'll help you find options that offer flexibility, including the ability to pay off your loan ahead of schedule.

These terms are often used interchangeably, though car finance can sometimes refer to broader options including leases or dealer financing. A traditional car loan is a secured loan where you own the vehicle and make fixed monthly payments until it's paid off.