When Is Refinancing an Upside-Down Car Loan a Bad Decision?
When Is Refinancing an Upside-Down Car Loan a Bad Decision? You don’t necessarily have to hand over your keys to improve your LTV. According to the RateGenius 2021 State of Auto Refinance report, approved borrowers shaved their interest rate by 5.5% on average. This helped the average borrower save about $990 on an annual basis. …
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