car loan refinance

Do you have a car loan with another lender? We have four reasons for you to refinance your loan with UMe:

1. Lower your monthly payment and put more money back in your pocket each month.
2. Lower your interest rate and possibly save hundreds of dollars in the long run.
3. Use the equity in your car to pay off high interest debt.
4. Add or remove a signer on an existing loan.

So what’s next? Check out our loan calculator to determine how much you can save. Or better yet, apply now online. If you prefer to speak with real live person, you can apply over the phone by calling our 24-hour Lending Center at 818) 238.2900 x1. Of course, you can always stop by the credit union during our business hours and apply in person. We’d love to see you! And, we usually have fresh coffee and something sweet you can indulge in.

If you have equity in your car (i.e. your car’s value is greater than your outstanding balance.), you can “cash out” by refinancing your car loan. This will give you access to a cost-effective source of money at a low, fixed rate.

Example: If your current car is worth $25,000 according to Retail Kelley Blue Book, but you only owe $20,000 on your existing loan, we will refinance your loan for the $20,000 balance AND fund an additional $5,000.

You can then use the extra cash for anything you’d like to—from paying off high rate debt to taking a much-needed vacation—you’re the boss!

So what’s next? Check out our current rates by clicking the “Rates and Terms” tab above, estimate a payment by clicking the “Calculator” banner below, or better yet, click “Email Us” and a Financial Services Representative will contact you with more information.

NEW Cars, Trucks , Motorcycles, Trailers and Recreational Vehicles
Financing up to 100% | Terms up to 84 months

NEW Boats and Motorhomes
Financing up to 100% | Terms up to 144 months

USED Cars, Trucks , Motorcycles, Trailers and Recreational Vehicles
Financing up to 100% | Terms up to 84 months

USED Boats and Motorhomes
Financing up to 100% | Terms up to 144 months

*APR is Annual Percentage Rate. Loan approval, term and rate are based on a verification of income and an evaluation of your creditworthiness and collateral.

Used Vehicle Loan Terms are the same as New Vehicle Loan Terms.

We offer more than just great loans. We also offer low-cost insurance options, loan protection and easy repayment methods:

• Guaranteed Asset Protection (GAP) Insurance
• Payment Protection Insurance
• Mechanical Breakdown Insurance (MBI)
• Car Insurance (check for low rates)
• Direct Deposit
• Payroll Deduction
• Automatic Transfer