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The Parlour ~ Refinance Your Car Loan |
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Refinance Your Car Loan and Save BIG BUCKS! Refinancing isn't just for mortgages. By refinancing today, the typical auto refinance customer saves over $1,000 over the life of the loan! Auto loan rates are now at their lowest point in years. Even if you purchased an auto as recently as a few months ago, you may be able to save by refinancing now. And with loan periods from 36 to 72 months, you can make sure you get the loan that you need. Lower interest rates are
the one positive resultof our current recession. With the economy struggling, the Fed cut short-term interest rates 11 times during 2001 in an effort to avoid recession. This has pushed auto loan rates to their current lows. These low rates have allowed some borrowers to purchase cars that they previously could not afford, and others to save thousands by refinancing. This great savings opportunity may soon disappear! The economy is showing tentative signs of recovery and analysts do not expect the Fed to cut rates any further. In fact, mortgage rates have already begun to rise. |
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