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Originally Posted by RubberChicken
I would think they would want to refinance their own loan for that very reason - to keep customers from moving their note to another bank and losing out on all that interest for the life of the loan.
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Car is not like a house, it's a depreciating liabilty and most banks would probably prefer to make quick money and get out if it.
Quote:
Originally Posted by CamaroI
Heck USAA refi my current auto loan plus gave me cash out to do supercharger with a lower interest rate.
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You case is a bit different as you took out a secure loan (against the equity in the car) so in that case I can see their resoning for doing it.
Quote:
Originally Posted by RubberChicken
I'll check with them. Thank you so much, and to the other guy for suggesting a credit union!
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You have to be a military member to join USAA.