Coosa Valley Credit Union runs a regular feature called “Savings Corner” in local publication CoosaValleyNews.com. The credit union’s latest column deals with refinancing auto loans. Below is an excerpt from that feature:
Most of us have heard of mortgage refinancing, but oftentimes, I come across people who don’t realize that they can refinance their auto loans as well. Refinancing your auto loan could get you a lower interest rate or allow you to remove a cosigner from your loan, especially if your credit score has recently improved. The good news is, this process is usually much simpler than refinancing a home loan. It’s simple and quick, and could save you the big bucks!
Also featured in: Coosa Valley News