Tips for Auto Refinancing

Refinance and Save

You don't need an appraisal to refinance your car loan

Get Your Credit Report First:

Most lenders won't refinance their own auto loans, so you need to look for a different lender to refinance.

Your actual APR depends on your credit rating

Refinance your auto loan early

Who should refinance their auto loans?

Auto refinance loan applications need to be in the same names (with exact spelling) as the names on your current auto loan. Have your car loan account number ready. You must refinance more than $7500. Any less and it's not worth the auto refinance company's time. It's also important to have all the vehicle information accurate so that the new lender can check your car's value to make sure it meets Loan to Value ratio guidelines. Enter the year and model and enter the 17 digit VIN (Vehicle Identification Number), found on your dashboard or registration. Check your car's value first to make sure your car has more value than the loan you still owe on it.

Refinancing an auto loan can be easy

To refinance your auto loan, follow these easy steps:

• Call your current car loan lender and ask for your car loan payoff amount.
• Visit a car lender website like Capital One Auto Finance or Up2Drive and apply online if their APR is at least 1% less than your current car loan APR. Be sure to enter your vehicle's 17 digit VIN from your registration, and enter your name as it appears on your current auto loan.
• Your car refinance loan is usually approved in about an hour
• They will email you instructions on how to payoff your current car loan.
• Tell your current bank who your new lien holder will be, and have the title sent to them, not you.
• Use a free online payment calculator to check your rates and payments.
• Your state may charge a fee of $5 or more to transfer lien holders.
• Your loan can be usually be refinanced within 2 days.

Some of the best auto refinance sites are up2drive.com and FirstAgain.com Loans for Autos or Anything Else - Good Credit Only. A Better Loan Experience Guaranteed! , with lower APRs than dealers.

Stretch Your Paycheck

No matter how much you make, these tips will help your income go further.

5 Tips For Creating A Well-Balanced Life

Forget about de-cluttering your closet or cleaning out your car, maybe it's time for a more metaphorical cleanup. Organize those important things in your life that will truly make it more fulfilling.

Tips to saving on your auto loan

NEW YORK -- It's easy to overlook the cost of auto loans with mortgage rates grabbing all the attention.

State Employees Getting 5 Percent Pay Hike

A step pay increase of nearly 5 percent for Oregon state workers represented by unions goes into effect Wednesday.

In the red?

The recent recession and its effects — high unemployment, eroded stock portfolios and battered retirement and savings accounts — have left an increasing number of consumers in debt, struggling to stay financially afloat.