CBS MoneyWatch, Jerry Edgerton, February 24, 2011
With sites that offer competing refinancing deals, you may find much better rates…a new site, MoneyAisle.com, [which] will refer you to banks or credit unions interested in refinancing loans.
Wall Street Journal, Jessica Silver-Greenberg & Mary Pilon, February 12, 2011
Websites like Bankrate.com, BillShrink.com and MoneyAisle.com track rates on CDs, credit cards and savings and checking accounts.
USA Today, Sandra Block, January 3, 2011
You can also search for rates at MoneyAisle.com, an online service that allows small banks and credit unions to compete for business through Internet auctions.
The Savvy Consumer’s top 10 ideas from 2010
Fort Worth Star-Telegram, Teresa McUsic, December 30, 2010
One reader saved almost 60 percent on his premium after shopping around. Another Texan told me he cut his interest rate almost in half on his auto loan using a new online auction house for auto loans called MoneyAisle.com. It costs nothing to check either out.
Credit Union Journal, Ray Birch, December 20, 2010
MoneyAisle’s auto lending component invites consumers to key in their ZIP code, loan amount, details on the car being refinanced or purchased, and credit score. They hit “run auction,” and in less than one minute are returned a list of financials that offer the lowest rates and monthly payment.
Wall Street Journal, Emily Glazer, December 19, 2010
Most consumers finance the purchase of a vehicle through a dealer. But the average car buyer doesn’t end up getting the rock-bottom rate often advertised. (That’s reserved for buyers with the best credit scores.) You may be able to get better terms on a car loan by refinancing, however.
San Francisco Chronicle, Kathleen Pender, October 24, 2010
Consumer advocates agree that refinancing your existing balance for the time remaining on your loan is a good move if you can substantially reduce your interest rate.
AARP Bulletin, Tauren Dyson, October 13, 2010
In these tough times, people who once looked down on used cars now view them as a serious alternative to a new vehicle.
Christian Science Monitor, Jennifer Fuller, October 11, 2010
Home mortgage refinancing has boomed during the recession, but most people don’t realize that they can do the same with their auto loans – and it’s both easier and cheaper than refinancing a mortgage. On MoneyAisle.com, consumers with high-interest car loans can refinance quickly and easily.
MarketWatch, Jennifer Openshaw, September 30, 2010
When Sandy Mendoza bought her 2009 Toyota Camry, she did what most people do: she took the dealer’s financing. Were you ever guilty of that? If so, you could be in a position to save some money.
Most of us still rely on the dealership when financing a car, but consumer advocates say that’s often the wrong turn
The Miami Herald, Nirvi Shah, September 19, 2010
Mukesh Chatter,CEO of MoneyAisle, and Javier Aguero, a recent customer, were quoted discussing the benefits of going through other sources than a dealer, such as MoneyAisle, when purchasing a car or refinancing a loan.
New York Times, Jennifer Saranow Schultz, September 13, 2010
In the market for a car or stuck paying off a high-interest loan for a car you already own? Here’s a tip on how to find a cheap car loan or refinancing option. Check out MoneyAisle.com, which recently expanded its free auction service beyond savings products to auto loans and refinancing.
Auto Loan Interest Rates Put Members in the Driver’s Seat
CreditUnions.com, Thomas Cullen, September 2, 2010
Cullen discusses the advantages of financial tools such as MoneyAisle.com to determine the best rates for your car loan.
New York Times, Jennifer Saranow Schultz, September 1, 2010
Mukesh Chatter, founder of MoneyAisle.com, a site that lets users auction their savings to the bank offering the highest rate on a savings account or certificate of deposit, isn’t a fan of savings accounts.
Star Telegram, Teresa Mcusic, August 27, 2010
Two major vehicle expenses — finance charges and insurance — can increasingly be shopped for on the Internet, and that could turn into big savings for consumers.
Associated Press, Candice Choi, August 25, 2010
It’s easy to overlook the cost of auto loans with mortgage rates grabbing all the attention. Yet rates on auto loans have edged lower as the cost of lending has gone down for banks. And car buyers who didn’t get the best terms in the past year or so can capitalize by refinancing their loans.
Also Appeared In:
The Washington Post, Boston.com, Chicago Sun Times, The Salt Lake Tribune, Lehigh Valley Live, Lowell Sun, The Fayetteville Observer, The News-Press, The Reno Gazette-Journal, The Daily Herald, The Post and Courier, Times Union
KTRS, The Mindset with John Brown, July 30, 2010
“Mindset” host John Brown spoke with MoneyAisle CEO Mukesh Chatter. Brown’s friend did a car loan refi and saved around $1,000 per year!
AOL Wallet Pop, Josh Smith, June 9, 2010
MoneyAisle offers three types of loans: a new car loan, a used car loans and an auto refinance loan, so even if you aren’t looking for a car right now you may be able to get a better interest rate and save big on your monthly payments.
Kiplinger’s Retirement Report, June 2010
MoneyAisle.com has expanded its CD auction business to auto loans. After submitting basic information, such as the size of the loan you seek and the make, model and year of the car, banks and credit unions will bid for your business.
San Francisco Chronicle, Erica Sandberg, May 17, 2010
Think you may be paying too much for your auto loan? Just plug your current rate into their online auction function and have banks immediately compete to refinance the loan. Savings in seconds!
Credit Union Journal, Ray Birch, May 17, 2010
A new website could help credit unions boost auto loan portfolios and cross sell additional services.
USA Today, Sandra Block, May 11, 2010
Last week, MoneyAisle added loans on new and used autos. To solicit bids, plug in your ZIP code and the make and model of the car you want to buy. If you see a bid you like, you can contact the bank or credit union.
The Wall Street Journal, Mary Pilon, February 12, 2010
With MoneyAisle.com, consumers enter their savings goals and the site holds an “auction” among 130 participating banks to find the best cocktail of CDs and savings accounts.
Reader’s Digest, Janice Lieberman, August 2009
FDIC-insured banks bid in live auctions to give consumers the highest interest rate on savings accounts and CDs.
O: The Oprah Magazine, August 2009
During real-time auctions, scores of banks compete for your CD or high-yield savings accounts, which can drive up the annual percentage yields to twice their national averages.
The Boston Globe, Todd Wallack, August 2, 2009
MoneyAisle.com lets you “auction’’ off your business to the bank willing to pay the highest rate.
Sarasota Herald-Tribune, Humberto Cruz, July 18, 2009
Also highly useful for savers is www.MoneyAisle.com, another free, automated site where more than 100 federally insured banks compete for your money.
AARP Bulletin, Michelle Diament, May 1, 2009
Looking to stash your cash in a bank that offers the highest interest rate? At MoneyAisle.com, banks bid against one another to offer the best rate on savings accounts or certificates of deposit.
The Wall Street Journal, Donna Kardos, April 22, 2009
As the stock market continues to be roiled by volatility, investors are increasingly turning to an old-fashioned, surefire way to make their money grow, but with a modern twist – certificates of deposit that are auctioned off online.
Reuters, Linda Stern, April 8, 2009
Want the best bank certificate of deposit? One new site, MoneyAisle (http://www.moneyaisle.com) does reverse auctions for bank CDs.