When a member came to Town & Country for a personal loan, Financial Services Officer I Sidney Widdel reviewed their credit report and noticed they also had an auto loan with another lender. After reviewing the loan details, Sidney saw an opportunity to help the member save significantly over the life of the loan.
The member originally financed a vehicle with a higher-rate loan, and Sidney knew refinancing could make a meaningful difference. After discussing the option with the member, Sidney helped refinance the vehicle with Town & Country, reducing the monthly payment by $74. This amount might not seem like much each month, but refinancing at a lower rate saves the member approximately $11,938 in interest over the life of the loan!
“Sometimes members come in for one service, and we’re able to uncover additional ways to help them save,” Sidney says. “It’s always rewarding to find opportunities that make a real impact on someone’s financial future.”
Individual results may vary. Savings and loan terms depend on creditworthiness and other factors.
