Reasons for refinancing. Are you making the
right decision?
right decision?
Lower monthly payments
Interest rates may have dropped since you got your car loan and can impact what you pay each month.
Credit score has improved
Your credit score plays an important role in financing and you may be able to get a lower rate.
Looking for a
better loan
better loan
If your current loan isn't working for you and you want to see what other payment terms and options are available.
Need help getting started? Give us a call.
Refinancing your auto loan with South Carolina Federal Credit Union could save you money.
Monday-Friday: 8:00am-6:00pm
When should you refinance your auto loan?
Refinancing your auto loan involves taking out a new loan to pay off an existing auto loan. Generally, the goal is to lower your interest rate or payment amount, but there can also be other benefits.
Learn More About Auto Refinancing >
Learn More About Auto Refinancing >
Why choose South Carolina Federal Credit Union?
No payments for
90 days2
90 days2
Free up funds you can use elsewhere.
Rate discounts available
With automatic payment deduction from a Simple Checking or Premium Checking account.
Flexible payment options
Choose a term that fits your budget.
Local expertise
We serve members from the Lowcountry to the Upstate of South Carolina.
Contact South Carolina Federal to refinance your auto loan.
Fill out the auto loan refinance form and our auto loan officer will reach out to you.
This form is not a secure form of communication. If any confidential information such as account numbers, SSNs, etc. is necessary, it will not be obtained until we have contacted you. This is another way South Carolina Federal works to keep your information secure.
Auto Rates and Auto Refinance Calculator
New
Effective Date: November 4, 2024
New1 Auto Loan Term | APR As Low As |
---|---|
0 - 63 Months (As low as) | 6.49% |
64 - 75 Months (As low as) | 6.49% |
76 - 84 Months (As low as) | 7.24% |
Used
Effective Date: November 4, 2024
Used Auto Loan Term | APR As Low As |
---|---|
0 - 63 Months (As low as) | 6.99% |
64 - 75 Months (As low as) | 6.99% |
76 - 84 Months (As low as) | 7.74% |
Options to protect your auto loan
Work with the experienced insurance advisors at South Carolina Federal Insurance Solutions3 to receive competitive quotes from dozens of top-rated carriers.
Learn More
Learn More
- Our affordable Guaranteed Asset Protection (GAP)4 provides financial protection from certain types of loss that are not covered by standard automobile insurance.
- Depreciation Protection Waiver (DPW)4 gives you peace of mind by protecting the money invested in your vehicle in the event of total loss. Learn More
- Ask about our Mechanical Breakdown Protection (MBP)4, too; new or used cars, trucks, SUVs, and motorcycles are all eligible. Learn More
Auto Loan Resources