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Your Car and Your Credit Score

If you are buying a car, one of the most likely things to happen is that your credit is going to be affected. If you have bought a vehicle that you can afford and been improving your credit score by making payments on time, then you might be able to make certain adjustments.

There are two things that can have an influence on the type of financing you can get for your vehicle. Credit scores and vehicle prices can affect how much refinancing can help you when it comes to your vehicle. This is one of the benefits of having…

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Should You Refinance Your Car Or Trade It In?

Our team of vehicle experts at Matt Burne Honda wants to be sure that you're informed of the benefits and negatives of refinancing versus trading in your existing car.

First, the biggest negative to refinancing your car is that you will pay more interest on it over time. This is because the term of the loan usually gets extended. The biggest benefit to this is that your monthly payment goes down so you can spend more of your hard earned money elsewhere. The biggest negative to trading your car in is if you still have not paid off that…
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