Now is the Time to Refinance Your Auto Loan!
Are you making car payments to another lender and paying too much?
Now is a perfect time to consider refinancing, because TTCU is offering a great refinance rate this month and an option for no payments for 90 days, when you refinance your auto loan from another financial institution. Plus, you can qualify for 100% financing, in most cases. Talk to our loan officers today about refinancing your auto loan from another lender. Doing so could save you money over the life of the loan.
When is refinancing the right thing to do?
Here are several great reasons:
• Interest rates have dropped since you bought your vehicle. Even a percentage point or 2 can make a big difference.
• Your credit score has improved and you may qualify for a lower interest rate.
• You want to reduce your payment.
• Your car lease is expiring and you have the option to purchase the vehicle.
Speak with any of our loan officers today to determine if refinancing is right for you. You can apply at a branch, or by phone 800-622-2535, or apply online by clicking one of the boxes below.
Already a Member? Sign on to Online Banking and, once there, look for the "Apply for a Loan" tab (see image below) - then select your loan type (Car Loan for Webloan) from the drop-down menu and click APPLY.
Click one of the boxes below to get started in applying online:
Try our free loan payment calculator.
*Annual Percentage Rate (APR) and offers are current as of January 1, 2017 and are subject to change. Rate and terms are based on evaluation of applicant’s credit history and credit qualifications. Not all applicants will qualify for the lowest rate. Other restrictions may apply. Offer does not apply to loans currently financed with The Tennessee Credit Union. Membership with TTCU is required to obtain a loan. A 90-day deferral of the first payment is an option available on all auto loans. Deferring a payment will delay the payoff of your loan and result in additional finance charges if you only make minimum payments. The 90-day deferral program may be withdrawn or changed at any time without notice.