LoanCenter Blog

Latest Article

Latest Article

June 27th, 2022

Tech Trends in the Automotive Industry

The automotive industry is known for its willingness to implement the use of new technologies. Throughout its history, the industry has evolved as a result of new technological developments starting with the internal combustion engine and more recently, the electric vehicle. One technology that is becoming increasingly popular within the automotive industry today is virtual

Tech Trends in the Automotive Industry
When Is A Good Time To Refinance An Auto Loan?
June 27th, 2022

When Is A Good Time To Refinance An Auto Loan?

Written by:  Marcela De Vivo

If you’re not happy with your current auto loan, you may want to consider refinancing. Refinancing is the process of taking out a new auto loan to pay off your existing auto loan. In other words, the new auto loan will replace your existing auto loan.  Refinancing can help many borrowers secure more favorable loan

How to Pre Qualify for An Auto Refinance Loan
May 31st, 2022

How to Pre Qualify for An Auto Refinance Loan

Written by:  Marcela De Vivo

Millions of adults in the U.S. depend on their vehicles to commute to work, drive to school, and live a fulfilling life. This is why so many people view owning a car as an absolute necessity. However, cars are expensive, so people often need to take on debt in order to purchase one. Over the

Can I Refinance A Car Loan With Bad Credit?
May 31st, 2022

Can I Refinance A Car Loan With Bad Credit?

Written by:  Marcela De Vivo

Life happens. Unemployment, divorce, and unexpected expenses can throw a wrench in your financial plans. If you are no longer able to afford your auto loan payments, you may want to consider refinancing. Refinancing is the process of paying off your existing auto loan with a new auto loan offering better terms. In other words,

How to Refinance A Car Loan
February 8th, 2022

How to Refinance A Car Loan

Written by:  Marcela De Vivo

When financing the purchase of a vehicle, you may assume that you’re stuck with your auto loan until it’s completely paid off. However, that’s not necessarily true. If you’re unhappy with the terms of your auto loan, you may want to consider refinancing.  Refinancing involves taking out a new car loan in order to pay

How to Refinance An Auto Loan With Bad Credit
February 2nd, 2022

How to Refinance An Auto Loan With Bad Credit

Written by:  Marcela De Vivo

There are many factors that can lead to bad credit. Your credit may suffer after a major event in your life such as a divorce or the loss of a job. It could also suffer if you accidentally missed a few payments or fell behind on your bills. In other words, bad credit can happen

Should I Refinance My Auto Loan?
September 17th, 2021

Should I Refinance My Auto Loan?

Written by:  Erwin Alegro

Refinancing an auto loan is the process of taking out a new loan to pay off the remaining balance on your existing loan. Some people can benefit greatly from refinancing. For these borrowers, refinancing can help them secure better interest rates, lower monthly payments, and extended loan terms. However, refinancing is not right for everyone.

What Is Auto Refinance?
March 25th, 2021

What Is Auto Refinance?

Written by:  Erwin Alegro

When you refinance your auto loan, you are taking on a new loan to help you pay off the balance of your existing car loan. Depending on your financial situation, auto refinancing could lower your interest rate or monthly payment, or change the length of your loan. LoanCenter is the place to go when you

Benefits of Auto Loan Refinancing
April 29th, 2015

Benefits of Auto Loan Refinancing

Written by:  Erwin Alegro

Auto loan refinancing can save consumers thousands of dollars in the long run, but why are less than 15% of borrowers refinancing their car loan? RateWatch, a banking data and analytics company, recently released the results of a survey that shows how today’s consumers thinking about their car loans and what factors impact their decision-making.