How to lower your monthly car payment

Hey!

When was the last time you thought about your car loan?

For most people, once they sign the papers, that's it - they just keep making payments.

But what many don't realize is that you can refinance your car loan, and it could save you hundreds (even thousands) of dollars over time.

I recently looked into iLending, a company that helps people refinance their auto loans, and the results are pretty impressive.

On average, iLending customers save around $145 a month. That's over $1,700 a year - money that could go toward debt, savings, or just making life a little less stressful.

Some real stories from people who have refinanced through iLending include:

  • Famatta lowered her 35.69% interest rate down to 13.6%, saving $371 each month - that's over $4,400 a year.
  • David refinanced his RV and truck and was able to save $3,600 each year. (Yes, iLending refinances RVs too!)
  • Alan reduced his interest rate from 8.4% to 5.7% and reduced his monthly car payment by nearly $100.
  • Todd and Heather reduced the interest rate on their car from 18.5% to 4.6% and saved $8,500 over the life of the loan.

You can click here to use their savings calculator to see how much you could lower your monthly payment and what interest rate you might qualify for.

If you want to learn more before jumping in, I put together a full review that explains how iLending works, what the pros and cons are, and who refinancing might be right for.

Read my full iLending review here.

This might be one of the easiest ways to lower your bills with just a few clicks.

Have a great day!

Michelle from Making Sense of Cents

*I am an affiliate for iLending and earn a commission if you refinance through my referral link.



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