When you’re right in the middle of paying a loan, have you thought about bringing down the number of monthly payments? Would it be much easier for you if you could pay quarterly instead of monthly? How about adding or reducing the number of years to pay for your outstanding loan?
It’s true that the loan you took out years ago may need to be adjusted to fit your current circumstances. When you took out the loan in the past, you certainly didn’t consider the possibility of getting a promotion at work which increased your payment capacity. Or, you might not have considered that you would have a baby or get married which are situations that could considerably affect your finances.
If you are thinking about refinancing your loan, you can talk to one of our staff and consider all the details before you finally take a step forward. Call 951-241-0961 to set an appointment!