Refinance Car Loan

Loan Type
Santander Personal Loan
APR/APRC
6.0% APR
Representative (£7,500-£25,000)
Loan Term
1 to 5 Years
Borrow

£1,000 to £25,000
Excellent Credit Only!

Representative Example: Based on a loan of £10,000 at 6.0% per annum fixed for 5 years. Representative 6.0% APR. Total amount repayable £11,555.40 at £192.59 per month for 60 months.
Loan Type
M&S Bank Personal Loan
APR/APRC
6.0% APR
Representative (£7,500-£15,000)
Loan Term
1 to 7 Years
Borrow

£1,000 to £25,000
Excellent Credit Only!

Representative Example: Based on a loan of £10,000 at 6.0% per annum fixed for 5 years. Representative 6.0% APR. Total amount repayable £11,555.40 at £192.59 per month for 60 months.
Loan Type
Car Finance 247 Personal Loan
Rates From
6.9% APR
Loan Term
1 to 7 Years
Borrow

£2,000 to £40,000
All credit profiles!

The Representative APR is 25.4% (variable)

Representative Example: If you borrow £7,500 with no deposit over 4 years at an annual interest rate of 25.4% (fixed) you would pay £239.77 per month. Total charge for credit will be £4,008.96. Total amount repayable is £11,508.96.
Loan Type
Shawbrook Bank Personal Loan
APR/APRC
7.6% APR
Representative (£1,000-£30,000)
Loan Term
1 to 7 Years
Borrow
£1,000 to £30,000
Representative Example: The Representative APR is 7.6%. Based on a loan amount of £10,000 over 60 months at an interest rate of 7.6% p.a. (fixed). Monthly repayment of £199.66. Total amount repayable £11,979.32.

Refinance Car Loan 

A Refinance car loan works like a debt consolidation loan or remortgage – you pay off your current car loan with a refinancing car loan from a different lender that has a lower APR in order to:

  • Free up cash
  • Lower your monthly repayments
  • Shorter the repayment term

This can save you money because it means your monthly car loan repayments are much less, and your interest rate is lower, which can allow you to pay off the balance of your car loan quicker. People tend to use the money they save by getting a refinance car loan to:

  • pay off other debts
  • accelerate your car loan payoff

 

Fair Investment will introduce you to Creditec Limited to provide you with this information-only comparison service for personal loans from a range of loan providers. Creditec is acting as a credit broker, not a lender and will not charge you a fee for using their services.
If you have any questions or feedback about the service, please get in touch with Fair Investment using their Contact Us form.
Creditec receives commission from lenders or other brokers if a customer enters into a credit agreement with a lender or broker following an introduction through this website. Fair Investment will receive a share of the commission that Creditec earns. If you would like further information about this commission, please contact us. See Fair Investment’s Terms and Conditions for more details.
Creditec Limited is acting as a credit broker, not a lender, we are authorised and regulated by the Financial Conduct Authority (FRN: 971164).
Creditec Limited is registered in England and Wales under company number 13700425 ; registered office: The Steam Mill Business Centre, Steam Mill Street, Chester, United Kingdom, CH3 5AN FRN. 971164. ICO registration number: ZB288703
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