What stops you from refinancing your car loan every 3 or 4 months? Usually the lenders give you like 90 days before the first payment, so, say you make the first payment and then look for a refinance again.
In other words, you would be paying the monthly payment every 3 months instead of every month.
Eventually someone will notice the pattern and deny a loan?
Context: Got a loan for a lease buy out, after 3 months I am yet to make the first payment, but found another bank that will give me even a better rate, so 3 more months to the next payment.
Submitted March 18, 2023 at 04:42AM by 0Camus0 https://ift.tt/L8NMwbW
