Car Loan Refinancing @ 1.6%
Hi bros & sis,
Got some information of car refinancing with UOB & DBS.
For those who are interested, u can contact Jane @ 96899148 and quote pj
Most car financing rates are typically between 2.2 -
2.8% in the market for last couple years.
==> potential opportunity to help people save $$$ to re-finance from
current high interest rate car loans to 1.6%, which is currently lowest
Some useful info:
* 1.6% is lowest in market now. (Refinance is done through UOB or DBS)
* New 1.6% re-finance agreement carries NO Prepayment Penalty (so if
rates dip further, you still can re-finance w/o incurring penalty).
* Finance amount < = full settlement amount (i.e. you cannot "over
borrow" at cheap 1.6%).
* Re-financing can be stretched to max age of your car (ie. up to 10
years, so if your car is 2 years old, you can re-finance for another 8
PS... I am not an agent. Just wanna spread the news. I've signed up and am paying less $30 per month