Hudson Valley Nesties
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Refinancing a Car loan?

Anyone ever do this? Do I just call up my lender? A new lender? The dealership? Just wondering if anyone had experience doing this. I'd love to lower the payment on DH's truck.
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Re: Refinancing a Car loan?

  • I attemtped to do this but they wanted to extend my car loan and with the miles i put on the car it wasn't worth it.

     I just called up my local credit union and mentioned I wanted to refinance.  I think you can call any bank/

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  • Unless you can get a seriously better interest rate. It's not worth it. Typically you have to extend the loan the drop the payments.
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  • i dont know much about refinancing car loans but bridgeway fcu is offering 2.9 %. both of our cars are 0% or i would be checking on this.
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