October 28, 2023
Slash Your Car Payment: Is Refinancing Worth It?
Refinancing your car loan can potentially save you money, especially as average auto loan debt has increased significantly. Using a service like Lantern by SoFi allows you to quickly compare rates from multiple lenders without fees or credit impact. While a credit score above 600 and a vehicle younger than 12 years old are beneficial, many people could still qualify for lower interest rates and monthly payments.
