December 27, 2021 (Irvine, CA) — With prices of vehicles skyrocketing continuously and growing concerns about inflation, families across the region are looking for better ways to save money wherever possible – which includes refinancing their car loans.

Car Refinance, since its inception in 1998, has provided thousands with auto loans and refinancing opportunities. Today, once again, in the wake of the financial crisis lingering on the doors of every household, the platform encourages car owners to circumvent the situation by refinancing their auto loans today.

"Auto loan debt is one of the major components of aggregate household debt. At a time when an average American is counting every penny they have, it only makes sense that they eliminate this one section of the debt by refinancing their auto loans," said Edgar Gonzalez, CEO of CarRefinance.com

According to Experian, the year 2020 witnessed a soaring rate of auto loans given out to borrowers, with more than $35,000 borrowed on average.

"We've seen how much people are struggling with both new and used vehicles, especially in terms of auto loans. But there has never been a better time than now to consider an auto refinance, given the historically low-interest rates in the market," he continued.

Thanks to its vast network of credit unions and auto lenders, Car Refinance is ever ready to cater to its clientele by helping them use their hard-earned money wisely.

The best part? You can access its network of finance companies free of charge through the platform. Saving money is no longer a distant goal. To get started, CarRefinance.com users can submit their information using the Free Quote Request system and receive a referral to a finance lender.

For more information about Car Refinance and to begin refinancing a vehicle loan today, visit https://carrefinance.com.