Give Your Budget a Spring Break
Refinance and make no payments for up to 90 days!
If the COVID-19 pandemic has you struggling to make ends meet, you’re not alone. Now more than ever, we’re all looking for ways to stretch every dollar. Many Americans will soon receive stimulus checks to ease the impact of the coronavirus outbreak, both on family budgets and the economy as a whole. It’s a measure that will help many of us make ends meet in the short term, but these are uncertain times and we’re looking for long-term solutions, too. Fortunately, a recent move by the Federal Reserve to lower interest rates might be the answer.
It’s easy to see how lower rates benefit buyers, but you don’t have to be in the market for a new vehicle to take advantage of today’s low rates. If you own a car, motorcycle, boat, or almost any type of vehicle, refinancing your vehicle now could mean extra cash today and down the road, too. Here’s how:
Did you finance your vehicle with another lender? You may be paying too much. Depending on the terms of your current loan, refinancing here at a lower interest rate could reduce your total finance charges and may even lower your monthly payment. Plus, with no payments for up to 90 days, you’ll have more money in your wallet when you need it most.
Do you own your vehicle outright? Great news! There may be money in your driveway, too. With flexible terms, no payments for up to 90 days, and no prepayment penalty, refinancing is an easy way to get extra cash for today, tomorrow, or both.
Whether your vehicle is paid-in-full or financed with another lender, apply now and turn your hard-earned equity into cash - up to 100% of the NADA value. If this sounds like it might be the long-term solution you’re looking for, check today’s rates and apply.
Concerned about social distancing? In most cases, the entire refinance process can be completed online, from application to closing. While social distancing orders are in effect, the contact-free closing process is another way we’re helping to promote the safety of our members and employees.
Disclaimer: Subject to credit approval. Some restrictions may apply. Advertised rates are subject to change without notice and may vary based on applicant creditworthiness and loan term. Refinancing of current Southeast Financial loans does not apply.