Is it a good idea to refinance a car loan?

Choosing whether to refinance your car loan depends on your personal financial situation and goals. Refinancing may help you save money, especially if:

• You qualify for a lower interest rate.
• You want to lower your monthly payment to improve your cash flow.
• You want to shorten your loan term and pay off your loan sooner.

Learn more about when it might be the right time to refinance.