You love your motorcycle, but you probably don’t love your monthly loan repayments. If you’re struggling to meet the monthly payment amount, why not refinance your motorcycle with CarFundy?
With a traditional refinancing deal, a new lender pays off your existing lender and takes over the loan, lowering your interest payments and possibly spreading your repayments over a more extended period.
Why Refinance Your Motorcycle Loan?
Some people wonder why they’d bother refinancing a motorcycle loan. After all, you’ll still have to make repayments, and there will still be a lien on your vehicle title.
The advantages of refinancing your motorcycle include:
Lower interest on your motorcycle loan: When you took out y our original loan, you may have agreed to pay unnecessarily high interest. With a refinancing, your interest could be reduced significantly.
Lower monthly payments: Because your interest is lower, your monthly motorcycle loan payments might be a lot less expensive. You can also spread your repayments over a longer period so that each payment is smaller.
You’re much less likely to face repossession since your loan repayments will be more affordable. Imagine never missing another payment due to financial problems beyond your control.
Bad Credit? Refinance With CarFundy
At CarFundy, we understand that not everyone has a pristine credit history. We don’t judge you based on your credit score or whether you have a bankruptcy in your past. All you need to qualify for refinancing is a vehicle in sufficiently good condition. Your motorcycle’s age and mileage need to be under our generous maximum figures, and you’ll need to refinance for a minimum amount. Your credit will be no problem.
Take Advantage of Low – Interest Rates — Apply for Refinancing Today
To find out how much you could save, you can talk to our helpful support team via the phone or web. You can also use our handy motorcycle payment calculator. There’s no obligation. Our loan officers will work with you to arrange an affordable refinancing plan, saving you money every month and giving you peace of mind.