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Refinance Your Ride, Reclaim Your Budget

Save more with an auto refinance loan from Service Credit Union
Refinance Now

Why Refinance Your Auto Loan?

You're not stuck with your current loan, and you could be saving big.

Auto loan rates may have dropped since you bought your vehicle. By refinancing now, you could take advantage of lower rates and flexible terms to:

  • Reduce your monthly payment
  • Pay off your loan faster
  • Free up cash for what matters most

Hand holding a cellphone with an image of a car

 

And when you refinance with Service Credit Union, you’re not just a borrower, you’re a part owner of the credit union. That means lower loan rates, higher savings yields, and support that goes beyond.

More Than Just a Lower Rate

We make refinancing easy—with powerful benefits designed to work for you.
Flexible Terms

Flexible Terms

Choose a repayment plan that fits your life and budget.
No Payments for up to 90 Days

No Payments for up to 90 Days

Keep your cash flow going with deferred payments at the start.
Fast Approvals

Fast Approvals

Apply in minutes and get funded, often within 24 hours.
Membership Perks

Membership Perks

Qualify for rate discounts up to 0.75% APR* with Direct Deposit+.
Refinance Now

What Our Members Are Saying

Testimonial_FM

KM

New Hampshire

I would use this credit union again for any type of loan. Service Credit Union's consumer loan department made the process so easy for me and super quick as well. Very knowledgeable folks
I would use this credit union again for any type of loan. Service Credit Union's consumer loan department made the process so easy for me and super quick as well. Very knowledgeable folks

KM
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Dave

Lowell MA

The way financial institutions should be. Good and quick service. I have used Service Credit Union for 3 car loans. They do good work.
The way financial institutions should be. Good and quick service. I have used Service Credit Union for 3 car loans. They do good work.

Dave
Testimonial_M2

Mike

Salem NH

Could not be happier with Service CU. They always provide extremely competitive rates and first rate service.
Could not be happier with Service CU. They always provide extremely competitive rates and first rate service.

Mike

Auto Refinance FAQs

Can I still refinance if I owe more than my car is worth?
In some cases, yes. Reach out and we’ll help explore your options.
Will refinancing affect my credit?
Like any loan application, a credit check is required.
Is there a fee for skipping the first payment?
No. Qualified borrowers can defer their first payment for up to 90 days; interest will continue to accrue during this time.
How long does the process take?
Most refinances are completed within 24 hours of approval.
Do I need to be a member to refinance?
Yes—but joining is easy. A $5 deposit into a Primary Savings Account opens the door to membership and benefits.
Can I apply online?
You can start your application by contacting our team. We’ll match you with a dedicated lending specialist. Call us at 800.296.4644 or email BusinessServicesLending2@servicecu.org.
Refinance Now
*Direct deposit in your checking account of net pay includes but is not limited to payroll deposits, social security deposits, retirement payments, and other sources of net income. Direct deposit must total at least $500 per month to qualify. At least 5 payments per month are required to qualify for the Direct Deposit+ checking account. Payments are defined as a member-initiated transaction that are debits from a checking account or purchases or advances on a credit card. Examples of these transactions include purchases with a debit or credit card, ACH payments, online bill payments, International Bill Pay, payments by check, ATM withdrawals, in-branch transactions, or payment transfers with a Service CU account.