If your credit has improved since the purchase of your new or used vehicle, consider refinancing your car loan. Refinancing may lower your interest rate, which may leave you with a smaller payment, shorten the time of the loan or lengthen it if you are having issues with paying your monthly payment.
When Should You Refinance
Calculate your potential savings with our online auto loan calculator that will show you how much you can save through our car loan refinancing options.
*APR=Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness, age of vehicle and terms of the loan. Your rate can be higher or lower depending on credit performance. Financing up to the retail value of the auto may be available. The rate on a new/used vehicle could be as low as 1.99%. Rate is subject to change without notice. Auto loans currently financed through the credit union cannot be refinanced with this offer.
Whether your vehicle is new or used, you are looking for your first car or refinancing, our staff can assist you.
¹When you refinance your vehicle though Credit Union of Richmond, we will deposit a total of $100 into your savings.
¹Restrictions apply, all offers and rates are subject to change. Auto loans currently financed through the credit union cannot be refinanced with this offer.