Some interesting facts about Auto Refinancing

Posted on June 20, 2019 by NALN

Car buyers will often spend countless hours with a dealer negotiating over a few hundred dollars on the price of the vehicle, all the while overlooking the fact that a poor financing decision could cost them thousands in interest over the long term. Thankfully, you don’t have to be stuck in a bad auto loan.

Most people know that they can save money by refinancing their home mortgage, but research suggests that through refinancing auto loans, Americans could save more than $37 billion. And the process of auto refinancing in much simpler and faster than refinancing your home. In fact, the process can be done in just a few hours.

Simply put, auto loan refinancing replaces your current loan with a new loan, with the option to keep your current loan term or change the term by extending or shortening it.

Looking to get more information on refinancing your auto. The team at the National Auto Loan Network can help.

About National Auto Loan Network.

National Auto Loan Network is headquartered in Newport Beach, California. The company was founded in 2010, by a group of finance professionals with over 40 years of combined industry experience. Under the direction of president and CEO, Marco J. Rasic, NALN specializes solely on the refinancing of motor vehicle loans. National Auto Loan Network''s skilled team of loan officers help hundreds of consumers replace their high-interest auto loans more favorable ones. For more information about National Auto Loan Network please visit