If you’re struggling to make expensive monthly car payments, you may benefit from refinancing your car loan. Refinancing can help you lower both your interest rate and monthly payments, freeing up cash in your budget that can be used for other expenses or to build your savings. Refinancing a car loan involves replacing your existing car loan with a new one that provides you with better terms. This new loan will pay off your initial loan, and then moving forward you’ll only need to make payments on the new loan. Before looking into auto refinancing options, it’s important to understand the fact ..read more

Refinancing a car loan can be an effective way to alleviate cashflow problems in your monthly budget. You can experience a variety of financial benefits, including lower monthly payments and a lower interest rate. Not only can this infuse additional money into your budget each month, but it can potentially save you a lot of money over the lifetime of your car loan. If you have an older car, you can still refinance it, but the process may not be as simple as when you refinance a newer vehicle. Many lenders will offer auto refinancing for older cars, but there are often specific requirements tha ..read more

iLending Industry Insights – State of Auto/Car Loan Refinance The Latest Industry Overview from the Top Car Loan Refinance Company (Englewood, CO, February 13, 2024) – iLending, a national leader in automotive refinancing, is pleased to announce the next installment of our report on the State of the Car Loan Refinance Industry. These insights are based on our internal data coupled with industry and consumer information. The intent of the publication is to provide meaningful insight for those interested in the auto loan refinance market, as well as for consumers that may be considering ref ..read more

iLending Industry Insights – State of Auto/Car Loan Refinance The Latest Industry Overview from the Top Car Loan Refinance Company (Englewood, CO, August 16, 2023) – iLending, a national leader in automotive refinancing, is pleased to announce the next installment of our report on the State of the Car Loan Refinance Industry. These insights are based on our internal data coupled with industry and consumer information. The intent of the publication is to provide meaningful insight for those interested in the auto loan refinance market, as well as for consumers that may be considering refin ..read more

Emergencies can happen at any time, and often when we least expect them. You could suffer an injury or health issue and face costly medical bills. Your home might require costly repairs that were unforeseen. When these challenging financial times arise, you may find that you’re in need of a significant cash infusion to help you pay for these unexpected expenses. If you still owe money on your car loan, one potential option is cash-out auto refinancing. This process will allow you to refinance your car loan and receive a lump sum of cash back as part of the refinance process, providing you with ..read more

If a burdensome car payment is making it hard to pay your bills, then refinancing your car loan may be a great option to infuse some much needed cash into your monthly budget. Car loan refinance can help you secure a lower interest rate, allowing you to lower your monthly payments. This can make it much easier to stay financially afloat each month. If you’ve been in a car accident, you may be wondering how this will impact your ability to refinance your car loan. The good news is that you can usually refinance your car after an accident, but there are some important considerations that you nee ..read more

If you have bad credit or are just starting to build your credit profile, it can often be difficult to qualify for a car loan. Even if you’re approved for financing, it’s going to be challenging to receive a competitive interest rate or favorable loan terms. In these situations, it can often be beneficial to have a cosigner on your loan application. A cosigner is a person with strong credit who takes on shared financial responsibility for your car loan. If you default on repayment of your loan, the cosigner will be legally responsible for making these payments, and their credit score can be ne ..read more

Student loan payments are about to resume for the first time in over three years. In March 2020, the government implemented a pause on student loan payments – including interest accrual – due to the COVID-19 pandemic. After this pause was extended several times by both Presidents Trump and Biden, Congress recently prohibited an additional extension. As a result, over 44 million borrowers will soon be required to make their student loan payments once again. Here’s what you need to know as payments restart. Interest Resumes in September You’ll start accruing interest on your student loans on Sep ..read more

Just as with getting an initial auto loan, there are certain requirements that must be met when you refinance your car loan. Each lender will have slightly different requirements, so it’s important to do your research before applying to refinance with a specific lender to ensure you meet their conditions. Since requirements vary by lender, it’s impossible to provide the exact criteria you’ll need to meet. However, the following discussion will provide you with a general idea of the most common requirements for refinancing a car loan. Most lenders will establish at least some of these requireme ..read more

Englewood, CO, July 25, 2023 – iLending, a national leader in automotive refinancing, is proud to announce they’ve again been recognized as the top Auto Refinance Company by LendingTree for Customer Satisfaction for Q2 2023. LendingTree is the leading online marketplace connecting consumers to lenders. “Honored.  At iLending, we focus on our clients and how we not only help them save money and skip car payments, but also do so by delivering the best customer experience possible. Continuing to be recognized by LendingTree is very validating.” stated iLending President Nick Goraczkowsk ..read more