When you call for to buy a new car fast, you can end up accepting an auto loan with a high annual percentage rate (APR) just to close the deal. Payment more for interest on a car loan than what you should be paying can cost you money that you could use to pay off bills or put into your savings. As a result, it pays to shop for a refinance loan at a lower interest rate. Consider one of these top auto refinance companies. (figures shown as of January 7, 2019)
USAA
The United Services Automobile Association (USAA) offers 36-month auto refinance advances through its Auto Circle Program, with rates as low as 3.09% on models 2015 or later, and 3.79% for models older than 2017. You be obliged be a USAA member — people and families who serve, or served, in the United States military — to qualify for the loans. Some credits approvals are instant, and you can get an answer on your application in about five minutes. After e-signing your loan chronicles in your USAA account, you can print out your loan check instantly or send the payoff amount to your merchant by using your smartphone. USAA does not charge an application fee, and you won’t have to make payments on your new loan for up to 60 days. Cons on the USAA website give USAA auto loans 4.4 stars.
Autopay
Autopay is a lender marketplace that sharers with credit unions and other financial institutions to offer loans at interest rates based on your credit graph. If you want to maintain a traditional loan, Autopay can help you find better interest rates from a lender that gratifies your needs. Cash-back refinances through Autopay can help you to get up to $12,000 in cash that you can use to pay off other debts. If you design to keep a leased car after the end of a lease, the lease payoff option allows you to pay off your lease early and avoid costly mileage pays. Customer reviews on LendingTree give Autopay 4.5 out of 5 stars.
CarsDirect
CarsDirect specializes in helping people with bad credit consider lenders to finance and refinance their vehicles. The process begins by filling out an online application that provides CarsDirect with some central information about your
RoadLoans
RoadLoans offers both traditional and cash-back refinance options. The RoadLoans stock finance option allows you to lower your APR and monthly car loan. As an added perk, you can skip payments on your new car allowance for up to 60 days. The cash-back refinancing option allows you to borrow more than you owe, up to the full value of your car, but the cash-back way out is not available in all states. RoadLoans takes applicants with a wide range of credit backgrounds, so interest rates remodel. As of January 7, 2019, RoadLoans was the #2-ranked auto refinance company on the Consumer Affairs website, with an overall in any event of over 4 stars.
LightStream
LightStream is a division of SunTrust Banks Inc. (NYSE: STI). As of January 7, 2019, the lender offers auto refinance scolds between 3.34 and 6.49% APR for 24 to 36 months, and 4.84 to 7.99% for 61 to 72 months, depending on the advance amount. LightStream offers unsecured auto refinance loans for borrowers with excellent credit, but borrowers with less-than-stellar rely on can qualify for secured auto loans. You can borrow from $5,000 to $100,000 to refinance a loan on any car through a simple online claim process.