When you head to a car dealership and start looking at the window sticker for cars that catch your eye, you may be confused by the many different prices you see listed. One of those, the MSRP, is an important figure for your future car purchase negotiations.

When a borrower wants to refinance car loan terms and payments, the process involves applying for a new car loan to pay off the existing one. Most automobile loans are secured with the vehicle serving as collateral and the borrower making fixed payments over several years.

Last week on Living Local Carolina, we dove into Carolina Trust's Auto Loan options. As people are beginning to go back to work and school, we know that obtaining a means for transportation is becoming more prevalent, and we're here to help!