What is cash-out car loan refinancing and is it a good idea?

Regular readers of this blog will know that I like to take customer questions and address them to a wider audience here. This week is no different but includes a question I haven’t heard before. Namely, what is cash-out car loan refinancing and is it a good idea? As the name suggests, this is loan […]

With the world in turmoil, people being furloughed, laid off or worse and employers having to save money wherever they can, cash can be tight. If a car loan makes up part of your monthly outgoings, would now be a good time to refinance? Maybe yes. Maybe no. Refinancing should be more about your personal […]

Usually, refinancing is for businesses or mortgages but you can refinance a car loan too. It doesn’t always make financial sense but when it does, it can save you money. So what is car loan refinancing and when does it make sense to consider it? Refinancing a car loan just means applying for a different […]