We won't treat you like a bank. We'll treat you like a member.
Affinity is a credit union—a not-for-profit financial cooperative that exists to serve members because we're owned by our members. When you finance or refinance a car with Affinity, there are no application fees or prepayment penalties—and we'll even give you a 0.25% APR rate discount1 for setting up automatic monthly payments.
THREE REASONS TO CHOOSE AFFINITY FOR YOUR AUTO REFINANCE
Lower your APR
Did you get financing through a car dealer? Our member-only auto refinancing rates could be significantly lower.
Save money every month
With a lower interest rate, you may be able to save money on your monthly payment.
Pay off your auto loan sooner
Choose a shorter payment term to lower your rate further – and own your car sooner.
REFINANCING WITH AFFINITY IS AS EASY AS 1-2-3
AFFINITY IS MORE THAN JUST AUTO LOANS
Guaranteed Asset Protection (GAP)
Stay financially protected if your vehicle is ever stolen or totaled.
Mechanical Breakdown Protection
Added protection for covered mechanical or electrical failures.
Debt Protection Coverage
Ensure loan payments are made for an unexpected job loss, death or disability.
Auto Insurance Coverage
Get the auto insurance coverage you need at an affordable price.
Frequently asked questions about auto loans
Who can apply for auto refinance loans?
You must be an Affinity Federal Credit Union member and be 18 years of age or older.
Why should I consider a refinance loan?
There are generally two reasons to refinance an auto loan:
- It can reduce your monthly loan payment, compared to the original auto loan, by lowering your interest rate and/or extending the loan term.
- It may help you lower the total amount of interest you pay over the life of the loan.
Is there a prepayment penalty if I pay my loan off early?
No. Affinity does not charge prepayment penalties on auto loans.
When is the best time to refinance a car loan?
Generally speaking, the sooner you refinance at a lower interest rate, the more you'll save. When interest rates drop or your credit score increases, it's a good time to look into refinancing your vehicle
Can you refinance with bad credit?
It depends on your individual situation. If you want to refinance but are concerned about your credit scores and qualifying for a loan, call us at 800-325-0808.