Ready to refinance your car loan?

It depends on your current loan terms, any fees for switching, and what's available from other lenders. We can help you compare the total cost of your current loan with potential new options, so you can see whether it could make financial sense for you. Keep in mind that refinancing can extend your loan term, and savings aren't guaranteed - it's worth being clear on what you want to achieve first.

No - refinancing replaces your loan, not your vehicle. Your car stays the same; only the finance arrangement changes.

It's important to factor in any exit fees from your current loan, as well as establishment or documentation fees for the new one. We'll outline all known costs upfront so there are no surprises. Full fee details are in the Loan Information section below and in your loan contract.

Possibly. Some lenders will still consider your application, even if your credit history isn't perfect. We'll walk you through the options that may be available. It's never guaranteed, and rates may be higher for lower credit profiles, but keeping up with repayments on a new loan can also help rebuild your credit over time. Subject to lender criteria and approval.

When you start, we run a soft credit check to look at your options - and a soft check doesn't affect your credit score. If you go ahead, the lender runs a full credit check, which is recorded on your credit file and may have a small, temporary impact. The bigger picture is whether the new loan improves your situation over the long run.

Timelines vary depending on your circumstances and the lender you choose. In many cases the process can be completed within a working day once all documents are provided, but we'll give you a realistic timeframe for your situation. Approval is subject to meeting lending criteria, and an affordability test applies.

In some cases, yes - depending on your vehicle's value, your equity, and what you can comfortably afford, you may be able to borrow a little more when you refinance. It's worth being clear on your goal first, as borrowing more increases what you repay overall. Subject to lender criteria and approval.

Yes - being self-employed doesn't rule you out. Lenders will usually want to see proof of income, like bank statements or financial records, to understand what you can comfortably repay. We'll let you know what's needed.

Yes, in most cases you can make early or lump-sum repayments on your new loan, which can reduce the total interest you pay. Some lenders charge an early repayment fee, so it's worth checking your loan contract before you go ahead.

Get in touch with your lender as soon as you can - the earlier the better. Missing a repayment may mean fees and could affect your credit score, so keeping the lines open is the most important thing. Lenders can often work something out if they know early.