
What to know about cash-back auto refinancing
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.
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.
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.
Refinancing is a chance to change the interest rate, term or both on your auto loan. But does it fully restart the loan?
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