How to Reduce Finance Charges on a Car Loan
Finance charges applied to a car loan are the actual charges for the cost of borrowing the money needed to purchase your car. The finance charge that is associated with your car loan is directly contingent upon three variables: loan amount, interest rate, and loan term. Modifying any or all of these variables will change the amount of finance charges you will pay for the loan.  There are a number of ways to reduce finance charges on a loan, and the method you choose will be contingent upon whether you already have a loan or are taking out a new loan. Knowing your options can help you save money and pay off your vehicle faster.
Method One of Three:
Reducing Finance Charges for a New Loan Edit
Method Two of Three:
Refinancing an Existing Loan Edit
Method Three of Three:
Pre-paying an Existing Loan Edit