If you are looking for extra cash and to get a better monthly payment on your auto loan, you may be considering a cash-back refinance. Know the risks and benefits before applying.
- Auto Loans
- Bachelor of Arts in Strategic Communications, Elon University
About the author
Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car. Rebecca is passionate about empowering women to make informed financial decisions in the showroom.
When Rebecca isn’t researching recent trends in the world of auto finance, she is an avid runner and a lover of interior design.
Rebecca is passionate about providing clarity and accessibility to the automotive loans industry as the cost of used cars has skyrocketed due to inflation caused by the COVID-19 pandemic.
Rebecca has been the auto loans reporter at Bankrate since 2021. Prior to her time at Bankrate, she was a social media reporter and copywriter.
She earned her bachelor’s degree in Strategic Communications and a minor in Women's Gender and Sexuality from Elon University.
Rebecca's Latest Articles
3 min read Mar 17, 2022
Refinancing is a chance to change the interest rate, term or both on your auto loan. But does it fully restart the loan?2 min read Mar 11, 2022
Refinancing your car loan can save hundreds — if not thousands — in interest. But it’s not without its drawbacks.3 min read Mar 10, 2022
Watch out for dealers looking to add packages of extra features that aren’t worth the price. Learn which to consider and which to skip outright.4 min read Mar 09, 2022
Save on gas prices and learn why they aren’t likely to fall anytime soon.3 min read Mar 08, 2022
Whether you’re strapped for time or looking to maximize the amount you get, now is a great time to sell your car.5 min read Feb 28, 2022
You can save money with used tires, but there are safety factors to consider before buying.2 min read Feb 25, 2022
Monthly payments may be lowered a significant amount with a seven-year loan term, but it may not be the best financial move.3 min read Feb 24, 2022