If you’ve got great credit, it makes sense to look for the best rate you can get. LendingClub advertises the lowest minimum APR among lenders in💦cluded in our research, aside from military-affiliate lenders. A rate that is two or three percentage points lower can make a big difference in your total repayment amount over the course of a multi-year loan.

You can refinance loans as small as $4,000, which is useful if you’ve been paying off your car for a while and now qualify for better rates. That’s about average among lenders we res🐼earched. But the maximum loan amount is fairly small too, at just $55,000. That’ll be enough for most borrowers, but most lenders offer a much higher ceiling. But old cars won’t be a problem: You can refinance v🧸ehicles up to 10 years old with up to 120,000 miles.

If you owe more than your car is worth, LendingClub will lend up to 140% of your vehicle’s value. That’s as high a loan-to-value (LTV) ratio as any lender we researched. And LendingClub will sen♉d the loan funds directly to your current creditor, saving you a bit of time and hassle.

Getting a loan with poor credit can b🌺e difficult. Noᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚt only do you need to deal with worse rates and terms, but it’s hard to know which lenders are willing to work with you in the first place. But Ally will lend to borrowers with credit scores as low as 520, according to a media representative, so you may want to put it first on your list. Keep in mind that other factors aside from credit score are also involved in loan qualification.

Ally offers lease buyout loans and cash-out refinancing as well, if you need it. Cash-out refinancing allows you to borrow more than your current auto loan and receive the remainder in cash. This can be useful if you want to refinance and you also have some expenses that you would’ve otherwise used a 澳洲幸运5开奖号码历史查询:personal loan for—but in this case, remember t𓂃ha🤡t the loan is secured by your vehicle.

You’ll need to borrow at least $7,500 for a refinꦬance loan. That’s more than most lenders in our research, and it may be too much for some borrowers. The minimum repayment term is three years, which is also relatively high. But this isn’t a big problem because there’s no prepayment fee, so it won’t cost extra to pay off your loan early.

Auto loans involve thousands of dollars and are secured🍸 by ൲one of your most important assets. It makes sense to feel uncomfortable borrowing from a startup fintech you’ve never heard of; you may want to go with an established name in banking instead.

Bank of America, with roots in 1904, might have what you’re looking for. You won’t have to sacrifice a go💧od rate by going with a brick-and-mortar bank—its minimum refinance APR is on the high side but close to average. Its maximum APR is higher than any other lender in our research, which could be good news if you don’t have the best credit and expect to get a higher rate; lenders with lower maximum rates may not be as willing to lend to you.

Regardle♓ss of your credit level, you can get a rate discount of 0.25% to 0.50% for being a Bank of America Preferred Rewards member (member tier depends on the amount of money you have with the bank). You must have a Bank of America online account to pre-qualify for a loan, but anyone can submit an application to check their rates.

Depending on your vehicle and your loan, you may need an extra-small or an extra-large loan. Maybe you want to shorten your loan term to pay it off sooner and save money on inter🥂est. On the other hand, maybe you want to lengthen ♔your loan term to lower your monthly payment and take some stress out of your budget.

First Tech Federal Credit Union might be able to offer the perfect loಌan. Its minimum loan amount is just $1,000, lower than most lenders, so you can refinance even a small loan. And you can choose from a wide range of repayment terms, giving you a chance at a much shorter or much longer loan, depending on your 𒉰needs.

First Tech’s rates aren’t terrible, but they’re higher than a🔯verage among lenders we researched. The best rates only go to people with the best credit, so if that’s you it may make sense to look elsewhere. Still, if you’re looking for certain loan terms, it may be worth pre-qualifying to see what you’d get.

Need a loan today? Maybe you’ve got a payment coming up, or you just want to get it over wit💖h. No matter why you want it, Consumers Credit Union can offer same-day funding for your auto refinance loan. Be aware that same-day funding is not guaranteed and may depend on a vari🌠ety of factors, like applying before a certain cut-off time.

🎃 Consumers’ rat💜es are a bit lower than most lenders in our research, so if your credit is solid you may benefit from a fast loan and a good rate, too. You can pre-qualify without being a credit union member, and cash-out refinancing is available if you need it. 

On the downside, you’ll need to join Consumers if you decide to take out a loan. It costs $5 to join, plus $5 to open a savings account. And take note that Consumers’ minimum recommended credit score is 681, within the typical 澳洲幸运5开奖号码历史查询:good score range, which may be a challenge for some borrowers.

NASA Federal Credit Union is one of only a few lenders we found to🎀 offer cash-out refinancing, and it earned a relatively high score as well. If you need to borrow more than your car is worth, you may want to pre-qualify. 

NASA FCU is a good pick if you have good credit, too. Its minimum rate is on the low side, though it’s not the lowest found in our research. It offers cash-out refinancing and lease 𝔉buyout loans, if you’d like to keep a car you’re leasing with a new loan. And it has many happy customers, earning the highest Investopedia customer satisfaction score of any lender in our research, at 4.9 out of 5. This score aggregates customer ratings from a variety of sources.

Anyone can join NASA FCU. Unlike most credit unions, you won’t even need to pay to jo✃in an organization—you’ll just need $5 to open a savings account.