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First, check your credit score. If it’s lower than expected, look to see what’s causing the problem. Because higher credit scores typically mean lower auto loan interest rates, it might be worth.
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If you want to refinance your auto loan, start with the financial institutions you know and trust – for example, your own bank or credit union, says Jack Gillis, director of public affairs at the Consumer Federation of America and author of "The Car Book." You can also compare auto loans on the credit karma auto hub.
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