How to We(Re)Finance Your Loans
Refinancing can help you lower your payments, reduce interest rates, or adjust loan terms. At WeDevelopment Federal Credit Union, we offer refinancing options with competitive rates to meet your needs. Here’s a quick guide on how to refinance effectively:
What is Refinancing?
Refinancing replaces your existing loan with a new one, potentially offering better terms. This could mean lower payments, reduced interest rates, or a shorter loan term.
1. Evaluate Your Current Loan:
Gather details of your existing loan to understand your starting point.
2. Set Your Goals:
Decide what you want to achieve—lower payments, lower rates, or a different term.
3. Check Your Credit Score:
A higher score can lead to better refinancing offers.
4. Explore Options:
WeDevelopment offers auto refinancing for new and used cars, with rates as low as 4.49% APR. Look for terms that best suit your needs.
5. Consider Coverage Options:
Think about added benefits towards refinancing.
6. Get Pre-Approved:
Pre-approval helps you know what rates and terms you qualify for, making the process smoother.
7. Review Offers:
Compare the new loan terms with your current loan to see how refinancing will impact you.
8. Complete the Process:
Sign the new loan agreement to finalize your refinance.
Payday Loan Refinancing
Struggling with payday loans? Refinance with us to escape high-interest rates and hidden fees. Our rates start as low as 19.49% APR, making repayment more manageable.
Personal Loans for Business Growth
Need funding for your business? Our personal loans offer rates starting at 9.49% APR, helping you achieve your business goals with flexible financing options.
Ready to Start?
Visit WeDevelopment Federal Credit Union at 3123 Prospect, Kansas City, or call 816-266-1003 to begin your refinancing journey and take control of your financial future! Feel free to fill out the form below and we will contact you.