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When is the best time to refinance my car?
The right time to refinance your auto loan can vary depending on refinancing requirements, interest rates, your credit score, the time remaining on your loan, and your overall financial situation.
The following are a few instances when you may consider refinancing your auto loan.
- Interest rates are lowering
- Your credit score has improved
- You are at risk of defaulting on your loan
Education Credit Union offers competitive rates on vehicle loans. Learn more about how to refinance with Education Credit Union.