
▲ 13 r/CRedit
Saved $17k in interest refinancing my car loan from 29.7% APR down to 9.4%. also lowered term from 67 months remaining to 42 months.
My car broke down last summer and wasn’t capable of fixing it at the time, so I ended up buying a whole new car at an extremely high interest rate. Almost 30% I would’ve been paying for the car 3x. Now with this lower rate not only was I able to lower my payment was also able to lower my term by 2 years.
u/Effective_Basket_114 — 6 days ago