Our financing team is knowledgeable of the automotive loan and lease process and can help you find and
secure a low interest rate on a new or pre-owned model.
Much like homeowners who may refinance their mortgages and extract dollars to remodel the kitchen, school districts refinanced bonds,
often securing lower interest rates, shortening the repayment term and taking out cash.
Securing a lower interest rate which reduces the amount of money paid on the loan in the long term (note: this can only be done through private student loan refinancing or consolidation, not through the federal government).
People refinance their home loans for a variety of reasons
including securing a lower interest rate, changing from an adjustable - rate to a fixed - rate mortgage, shortening or lengthening the term of the loan, debt consolidation, home renovations, and to seek better terms.
If you're a student little or bad credit, consider finding a creditworthy cosigner to increase the chance of approval, as well
as secure a lower interest rate.
Refinancing provides the potential to
secure a lower interest rate on student debt, as well as the possibility to extend or shorten repayment to meet borrowers» specific needs.
If you have a below average credit score or are a low - income earner, look for companies that cater to borrowers like you or consider putting up collateral to
secure a lower interest rate.
You may end up paying more in interest even though
you secure a lower interest rate.
The same does not apply to variable - rate student loan borrowers, who may be able to refinance at a lower fixed rate and
secure a low interest rate.
If you do qualify, having a good credit score can mean you'll
secure lower interest rates and not pay as much by the end of your repayment term.
If you're only planning to stay in a home for a few years, you might be able to
secure a lower interest rate by using an ARM loan (as opposed to a fixed - rate mortgage).
Whether you have Parent PLUS Loans or private student loans for parents, refinancing could help
you secure a lower interest rate.
But the most common reason is to
secure a lower interest rate, thereby reducing the monthly payments.
We offer an online financing application which helps
you secure a low interest rate, and if you call us at 847-885-7000, our sales team can help you decide which E-Class trim is best for you.