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Originally Posted by frugalmomof1
I am trying to refinance the car to get a lower interest rate . Has anyone ever had a loan thru lending tree?
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What rate % are you looking for? Several years ago I used PeopleFirst (online and gone now) and Eloan to refinance our vehicle loans to reduce our payments and interest rate.
I get paid by Eloan when people use my link to apply for any type loans they offer. I wish Jeffrey had a section of these links so people here could use them and perhaps get a portion of those earnings.
I would pay off the car loan first. But if you want to argue logistics about which should be first here is my opinion. An extra $1 paid on your HELOC would save you much more in interest over the life of the loan and therefore put you further ahead in the long run. There is however outside factors in your decision and you will get 100 different reasons why to pay one off first.