Many people finance their vehicle and then never take another look at their loan. But as your financial situation changes, refinancing could be an opportunity to reduce the overall cost of your loan and even pay it off sooner.

Danielle Sanger, Financial Services Officer II at Town & Country Credit Union's Fargo 52nd Avenue branch, recently worked with a member who refinanced their auto loan and saw impressive results. By reviewing the member's existing loan and finding a better financing solution, Danielle helped lower the rate and shorten the loan term by four months while saving the member $3,972 in total interest over the life of the loan. It's a reminder that even if you've been making payments for a while, your current loan may not be the best option for you today. 

Every member's financial situation is unique, which is why Town & Country Credit Union takes the time to understand your goals and explore solutions that work for you. Whether you're looking to lower the overall cost of your loan, pay off your vehicle faster, or simply see what's possible, refinancing could be worth a closer look.