Refinance your car loan, but with none of the bank

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You’ve had your set of wheels for a couple of years. At this stage, you’re probably thinking about the next thing you want to do or buy but worry that your car finance repayments are starting to hold you back.

Did you realise you could refinance your car loan as a possible solution?

Why refinance your car loan?


1. Get a better car finance rate

Perhaps your credit score’s improved since you got your car loan, or you ended up with a loan at an uncompetitive interest rate because you really liked the car.

A new loan could see you get a lower interest rate and deliver a raft of other benefits.

At NOW Finance, all our personal loans are no fee. That means your interest and comparison rates are the same, and more of your repayments go towards clearing your debt.


2. Consolidate any other debts

You could consolidate other debts to help you clear your financial slate. If you have several relatively high-interest debts, like credit cards, or you struggle to keep up with all the repayments leaving your bank each month,  a debt consolidation loan might reduce your payments and help you become debt-free quicker.


3. Unlock cash for your next purchase

Would your car look even better with a beautiful new caravan or boat being towed on the back? Perhaps the car stands out on your drive, and the front of your house needs improvement?

Whatever the next thing is you have your eye on, refinancing your car loan could help you unlock the cash to make it happen.

You could use your new loan to clear your old one, then use what’s leftover to fund a purchase, a home renovation, or even a holiday.

With loans of up to $50,000 unsecured and $100,000 secured available from NOW Finance, the choice is yours.


A car finance loan with no fees and none of the bank at NOW Finance


1. No fees on all personal loans

Paying fees on your current car loan? What a load of bank!

All NOW Finance loans are fee free. That means no establishment fee, no monthly fee, and no fees for making extra payments or clearing your loan early.


2. You choose your repayment terms

You can choose your repayment term from 18 months to seven years. to see what’s affordable based on what you want to borrow.


3. Hassle-free eligibility check and application

As part of your personal loan eligibility check, you also get your guaranteed interest and comparison rate should you apply and be accepted.

Our online application takes just 10 minutes, but you can always give us a call or request a callback if you need assistance.


4. Market-leading customer service

When you apply, you’ll be assigned a dedicated, Australia-based personal loan advisor. Throughout your loan, they’ll be your contact, so you get to know them and speak to the same person every time.

When it comes to our service levels, you don’t need to take our word for it either.


Get your car finance loan rate NOW

Check your eligibility and get your personal loan rate now to discover what you could save with a no fee personal loan from NOW Finance.

Your car loan, refinanced to suit you. That’s the power of NOW.

  This article contains general comments and recommendations only.  This article has been prepared without taking account of your objectives, financial situation or needs.  Before taking any action you should consider the appropriateness of the comments made in the article, having regard to your objectives, financial situation and needs. If this article relates to the acquisition, or possible acquisition, of a particular credit product you should obtain and consider the relevant disclosure documents before applying for the product.

Get your personalised rate in less than 2 minutes

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