What are the Best Auto Refinance Companies?
Refinancing a car loan can reduce your total expenses each month. If you took out a car loan at a fairly high interest rate (if your credit was marginal at the time), you most likely should look into reducing the rate and payment with an auto loan refinance. There are competitive rates from which to choose, but before jumping into the financing market, you should be aware of several reputable auto refinance lenders who have proven track records. Capital One Auto Capital One is a large financing conglomerate mostly known for its credit cards. Its auto loans, however, are among the most available in the business. Rates are constantly fluctuating, but it’s possible to get a refinance rate as low as 4.34 percent, as of January 2010. Benefits of Capital One Auto include competitive interest rates, no prepayment penalties (if you pay off the loan early), and quick approval–sometimes within 24 hours. It’s also possible to handle the entire transaction online. Wells Fargo Financial Wells Farg
