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Can I move my car loan to a different lender or bank?
I'm not satisfied with the customer service I'm receiving at my current bank, and I'm looking at switching to a local credit union. Can I move my car loan elsewhere?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
If you’re not satisfied with your current lender, you can definitely move your
car loan
to another lender!Because you already have a loan, this will work similarly to refinancing your car. Start by shopping around for the best rates. Credit unions are well-known to provide the best car loan rates, but don’t overlook national and local banks that may be offering a special or promotional rate.
During the refinancing, you may also want to consider if you’re happy with your car insurance. If not, let the
Jerry
app lend a helping hand! We’ll get you customized quotes from top providers in the industry so that all you have to do is choose the plan that works best for you. (And once you’ve picked one, we’ll even help you switch!)Best of luck, and hope the new bank treats you well!
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- Gregory R.
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