How to Lower Your Car Payment

Posted: Monday, December 19th, 2016

If you’re paying on a new or used car and find that the payments are putting too big a strain on your finances, don’t despair. There are easy, and legal, ways to reduce your monthly payments and give yourself a little wiggle room in your budget. We’ll help you explore your options here and, if you fill out our online loan application, the counselors at Green Light Auto Credit can help you see if one of our loan products might be a good fit.

3 Methods for Negotiating a Lower Car Payment

You need a car, but do you really need those high monthly payments too? We don’t think so. Our experts have rounded up three easy ways to help you save on your monthly auto loan so you can keep more of your money in your pocket where it belongs.

  • Refinance: Companies such as Green Light Auto Credit can offer competitive rates even if your credit isn’t perfect. If you’ve made a few payments and rates have changed, or your credit has improved, you might be able to refinance and save big.
  • Consolidate: If you’re struggling because of credit card debt, consider consolidating your car payment and any existing debt into a low-rate loan or card. If you can pay it off before the rates go up, you could save thousands in interest charges alone.
  • Lease: If that purchase contract is just too much, consider trading the car in and leasing instead. Lease contracts are often less expensive and may even include regular maintenance – saving you even more.

Let Green Light Auto Credit Help You Finance

No one wants to pay too much for a car loan. Let Green Light Auto Credit help you save money by lowering your car payment so that you can get more out of your hard-earned money. Even if your credit is less than perfect, our credit counselors can help you to get the low-cost financing you need to help keep your budget under control.

Lower Your Car Payment Today With Green Light Auto Credit

Don’t spend too much on your monthly loan payments. Contact Green Light Auto Credit at (800) 200-5551 to learn how to lower your car payment and keep more of your money in your pocket.