What does Ignition Financial do?: Ignition Financial helps to facilitate the bond between their customers and the lenders who they work with. After an application is completed by the customer, Ignition Financial tries their best to pair them with a lender who can meet their needs and can lower their payments on a monthly basis. Not only is Ignition Financial able to help refinance loans, but they can also link companies and individuals to loans, especially if they want to buy several cars. The professionals who work at Ignition Financial do everything they can to get their customers the best loans.
Why are my current car payments so high?: If you received a loan from a car dealer, it’s likely that your dealer added on additional funds to your loan, which drove up your price each month, and you are unaware of the price hike. Even if you are working with an outside lender, your credit ultimately will determine how much you’ll pay for your monthly payments as well as how much money you put down on the car loan. Even though some lenders will allow you to get your car with no down payment and low monthly payments, these terms tend to be given to people with good credit.
How will Ignition Financial help me to slash my payments?: When you first start working with Ignition Financial, you’ll fill out an online application that begins the entire process. You’re also welcome to come down to the offices directly in order to fill out the information necessary for refinancing your loan. Your payments will be slashed once your paperwork is completed and you’ve been connected to a lender, who will give you terms that are something you would agree with. Although there is no guarantee of how much money you’ll save each month, you will definitely save money once you refinance your car.
What else does Ignition Financial have to offer their customers?: Ignition Financial does have great professionals who are able to link people with financiers who can lower their monthly payment rate, but they can do more as well. Those who work with Ignition Financial can ask about the coverages that are available for car maintenance, tires, and even the car loan that they have. Since typical insurance companies are unlikely to completely fulfill the loan repayment if a car is totaled, these coverages from Ignition Financial can help to ensure your loan is covered by the gap insurance.
When is the best time to refinance my car?: Anytime is a good time, but it is best that you have a history of payments before you choose to do any refinancing. It’s likely that your loan came with a high price tag because of lack of credit, which can be corrected with on-time monthly payments that are reported to a credit agency. Having good credit is best once you want to refinance your loan, so if your credit isn’t the best, try your best to repair it before refinancing your car loan.