Here’s How rateGenius Is Helping Thousands Save On Their Auto Loans

Most people, including myself, are always looking for ways to save money, yet very few consider refinancing their car. Refinancing your loan is a great way to start making lower monthly payments and reduce the lifespan of your loan, and rateGenius is making the process easy. rateGenius works with you and your financial situation to find a lender that can give you a lower interest rate each month. The process is quick, simple, and efficient, and if it could save you money, why not do it?

I recently moved to a bigger apartment, which means higher rent and more expenses. I really needed to find a way to cut back on other payments, which is when a friend recommended that I refinance my car with rateGenius. Ahead, read what I discovered about refinancing using rateGenius.

How does rateGenius differ from other auto refinancing companies?

There are countless refinancing companies on the market, but rateGenius offers the best, simplest process. A rateGenius expert will work directly with you to find a plan that offers you lower monthly payments, compared to other companies that only present a cookie cutter approach to auto refinancing. Plus, they have more credit unions than any other company, which means more opportunities to find a lower payment plan that works for you.

How exactly does it work?

rateGenius works in just a few simple steps. First, you’ll submit a 2 minute application where you’ll enter information about your car and your current lender. Then, rateGenius team member to tell them more about your situation. Next, you sit back and relax while your designated team member works to find the best interest rate and payments within their network. They’ll get back in touch with you to explain the plans they found and if you’re on board, you’ll be prompted to complete paperwork to confirm the new monthly rates. From there, after picking the right plan for you, your designated team member will transition you over from your current lender to the new one, and you can start enjoying new lower monthly payments.

How does rateGenius cater to individual financial situations?

Everyone has different car insurance needs, and rateGenius works directly with you to find out the details of your situation and find the plan that’s just right. This is crucial for finding a good auto refinancing plan because it lets you personalize your monthly payments instead of just following whatever the bank says. The rateGenius team will look at their vast network of vendors and see what rates and payments they offer that may suit your plan’s needs. Then, they’ll compare all the offers and choose the one that will save you the most money.

How much can I save?

rateGenius has funded 361,000 loans and has an average monthly savings of $78 per month. On average, that’s almost a thousand per year, and some people report way more. I, personally, was able to find a lender that offered nearly half as what I was paying each month before working with rateGenius

Who can rateGenius help?

rateGenius has the ability help multiple different groups of people looking to save money. Some, like me, are interested in lowering their monthly rate, whereas others are trying to skip a car payment during a particular time frame. Then there are those who want to pay their loan off faster or simply want to stop working with big banks looking to make money off them.

All in all, rateGenius is the best option for anyone looking to refinancing their car without all the hassle and back and forth that other companies require. It’s just a few simple steps and within mere minutes, you’ll be on the road to lowering your monthly payment. That’s the big win, but even more is that you won’t tack on added stress of having to deal with banks or other third party companies that aren’t committed to finding a solution specifically for you.