michigan Michigan Car Loan Refinance | MI Auto Refinancing
Refinance Auto Loan

Pontiac Car Loan Refinance

When you live in Pontiac, MI and your monthly car loan payments become too difficult to handle it may be time to seek auto loan refinancing. Utilizing these types of loan programs can assist a finance company with reducing their overall monthly car payments or in some cases lead to a smaller interest rate instead. This is an opportunity that any resident of Pontiac could easily take advantage of with the help of SmallerCarPayments.com and our extensive network.

Many consumers believe that refinancing a car loan is a foreign service that they are unfamiliar with, but this is far from the case. In fact, choosing to refinance a vehicle loan is very similar to process used when a person first visits a Pontiac, Michigan dealer and applies for auto financing. The only true difference is that restructuring a loan allows for a consumer to a bad credit auto loan, and adjusts the rates and payments to help them better their current credit score.

Regardless if your goal is to lower your monthly payment, lower your interest rates, or skip a payment we are here to help. With an extensive network of Pontiac lenders there will be no shortage of resources to make sure that you get the absolute best refi deal.

Why refinance?

There are a variety of reasons people refinance their auto loans, but in some shape or form it usually comes down to these top three reasons:

Online Car Refi Application

1. Lower Your Interest Rate

When refinancing an auto loan, you have the opportunity to lock in a lower interest rate if you should qualify. Many people may be able to get a much smaller interest rate than they were capable of when they closed their current auto loan.

Online Car Refi Application

2. Lower Your Payments

Perhaps the most common reason for refinancing auto loans, you can often significantly lower your monthly car payments. Generally, the life of the loan can be stretched, which results in each of the installments being less.

Online Car Refi Application

3. Skip a Payment

When acquiring a new loan for vehicles, as well as real estate and other items, it can be common for your payment cycle to begin a month or so after the actual loan closing. When you refinance your auto loan, you are essentially getting a new loan to replace the original loan, so you may be able to skip at least one payment.

Our network of local dealers in Pontiac, $sname are well experienced in assisting people who are looking for low car payments or more reasonable interest rates. All you have to do is complete our refinance application and we will connect you with a dealer that can make sure you get the payment rates you’re looking for.

Once we find the Pontiac lender that can give you the best deal, you will be contacted by a financial specialist that will walk through the entire process. You could be into your new auto loan and big savings in a few days!

"My monthly payment went down by almost a hundred dollars per month, and applying was so easy!"

Jennifer H.

Online Car Refi Application

Still Have Questions?

Still not sure if auto refinancing is right for you? Learm more about car loan refinancing in our section of Frequently Asked Questions.