There are times that a person can have two or more car loans under different companies.  And when he or she decides to refinance car loans, this can be made to diverse companies as well. This is because it is not necessarily needed to make a refinance deal to the company where the car had been loaned. In fact, some companies who loans car do not agree to refinance because they are able to hook the buyer once and had a great deal unless they value the customer really. The reason behind this is that the new lender may agree to give a loan that has much lower interest rate than the current company where the car was bought using credit. [Read more…]