In practice, automatic refinancing is the process of paying off your current car loan with a new one, usually from a new lender. Because of the way the interest on car loans works, the more months you pay for your car, the more interest charges you pay with your payments.Continue Reading

If you think you can temporarily handle higher payments to save a lot on interest, you can stretch this ratio a little to start a higher monthly payment. Together with your income, a high credit score will certainly increase your chances of a personal loan with the desired interest andContinue Reading