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Can I Refinance My Car Loan With the Same Bank

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You can use that extra money however you choose but the lender will still have a lien on the car and can repossess it if you miss payments. Open Yes you can schedule an appointment to speak with a specialist at a financial center or call us at 8009345626 Mon-Fri 8am-9pm EST. Update Auto Refinance Rates Drop After Federal Reserve Reacts To Coronavirus Rategenius That means youre getting a new loan and borrowing against the same car usually for an amount beyond what the car is worthsometimes up to 125. . Can I switch from a Fixed-Rate Loan Option to a variable rate on my home equity account to reduce my interest rate or payment.