When should you refinance your car loan?
Check out LightStream Loans if you want to refinance: [ Ссылка ]
(I may be compensated by LightStream through this link.)
Watch more car buying videos: [ Ссылка ]
Ever wanted to know when the best time to refinance a car is? I'll cover when you should refinance a car loan and I'll go over why you should do it today (if you can get a better auto loan rate). Refinancing a loan on a car is much more simple than a mortgage, so I thought I'd clarify the process in this video. You can refinance a car anytime you want and don't need to wait 6 months unless it's actually stated in your contract.
---------------
Robinhood Free Stock (Up to $200) with Sign Up:
► [ Ссылка ]
Webull Up to 12 Free Fracional Shares (Each $3-$3,000):
► [ Ссылка ]
M1 Finance (perfect for IRA's):
► [ Ссылка ]
Instagram:
► [ Ссылка ]
Advertiser Disclosure: Honest Finance participates in affiliate sales networks and may receive compensation by clicking through the links (at no cost to you). This compensation may impact how and where links appear in this description. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This channel does not include all financial companies or all available financial offers.
---------------
Honest Finance covers a broad range of financial topics that'll give your life and finances more value. Subscribe today for future content and be sure to give this video a like!
Disclaimer: I am not a financial advisor. These videos are for education/entertainment purposes only. Investing of any kind involves risk, so please conduct your own research.
#honestfinance #refinance
0:00 Introduction
0:06 Why Refinance?
0:19 When to Refinance?
0:31 Interest Rate Credit Score
1:33 Cant refinance for up to a year?
2:19 Check out local Credit Unions online
2:48 Hard credit pull
4:03 2-3% interest rates
6:06 Prioritize the Rate
6:38 Keep the same term
6:51 36 month loan
7:11 Pay interest on what you owe
7:27 Pay off loans quickly
7:55 Credit score goes up
