Car-loan refinance can save money; beware cash-out

Kathleen Pender, of the San Francisco Chronicle, featured a story on car loan refinancing this past Sunday. Pender referenced a consumer of MoneyAisle.com, Craig Weiss, who was able to lower his monthly car payments by refinancing not only one vehicle, but two:

“Craig Weiss of Applegate (Placer County) recently refinanced two used-car loans totaling $35,000. The old ones were at 12 and 15 percent. The new ones, from a local credit union, were at 4.2 and 4.3 percent, saving him almost $150 a month.”
Like Weiss, you can try a car refinance at MoneyAisle while rates are at a historic low (as low as 3.39% APR) to find out if you too can lower your existing monthly car payment.

Reference: MoneyAisle

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