Home / Auto Refinance Topics / Shut Up and Take My Money - Stop Being a Fool, Lower Your Car Payments

  • Nicholas Hinrichsen

Shut Up and Take My Money - Stop Being a Fool, Lower Your Car Payments

We are observing it every day when helping our customers:

It's easier to fool people than to convince them that they have been fooled -- Mark Twain

You haggled for hours to get a good deal on your car? Awesome - but by the time you were done with negotiating and met the finance manager, you were exhausted and basically said 'shut up and take my money'. Dealers make north of $2,300 on financing and insurance products, i.e. the dealer fooled you!


No reason to sweat though. We built WithClutch.com, a digital platform to refinance your auto loan, get your money back and save you thousands on your payments.


Table of contents

  1. Can I refinance my auto loan online?

  2. Does paying off your loan hurt your credit?

  3. Will my car payments go down if I pay extra?

  4. Shut up and take my money - save thousands now!

Can I refinance my auto loan online?


Just like with any other financial product, you can find hundreds of different providers and they all look the same. We wrote an article about the best auto loan refinancing lenders and found that not one of our competitors offers an online process:

You can absolutely refinance your car loan online and from the comfort of your home. Instead of contacting any of the call centers described in our lender comparison, use our digital platform and save thousands of dollars with a few simple clicks.



Does paying off your loan hurt your credit?


We've come across this myth a lot, dealers and lenders will tell you that paying off your loan will hurt your credit. This statement couldn't be further from the truth:

Dealers and lenders don't want you to pay off your loan and refinance because they are losing money if you do so. If you have made your payments in full and on time you will qualify for a lower rate and should refinance now.


Our digital platform doesn't store your data or impact your credit. Instead and with your consent, we will do a soft-pull on your credit, verify your motor vehicle records and conveniently lower your rate 100% online.



Will my car payments go down if I pay extra?


Our customers often ask us if their payments will go down if they pay extra. This is a misconception:

You would think that your payments go down if you pay extra but that's not how lenders will structure your loan. If you pay extra, your loan balance goes down and your term shortens but your monthly payments will stay the same. Therefore, making extra payments won't improve your situations nearly as much as refinancing your loan.



Shut up and take my money - save thousands now!


When you got your loan at the dealership, you gave money away. The good news is: you can get it back! WithClutch.com is a fully digital platform that lets car owners like you refinance their loans and get their money back.


No need to set a foot in a bank or credit union. You can lower your rate or get cash in as little as 20 seconds. Follow three simple steps to refinance your auto loan, get approved in seconds and save thousands in minutes.

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