Yes, it is possible to refinance your car title loan*!
Refinancing can allow you to:
1. Extend loan time period
2. Lower interest rates
Refinancing your car title loan can be done in two ways:
• Renegotiating the current terms of your loan with your present lender
• Negotiating new terms for your loan with a different lender
There are many reasons for which people to choose to refinance:
● High interest rates
● High monthly payments
● Desire to switch title loan companies
If you already have a car title loan, refinancing can be quite simple! If you have a loan with another lender, you can apply online to refinance your title loan with 5 Star Car Title Loans and we will send you a quote on how much money and under what terms you can get your loan for.
*It is solely up to each lender to decide if and under what terms to refinance a loan. It is not guaranteed that every lender will refinance a loan.