Members came in hoping to find their daughter a reliable but inexpensive vehicle—around $2,500—to get her back and forth to college. They shared that their credit probably wasn’t very good, but they wanted to see if there was anything I could do to help.
After submitting the application, I was happy to tell them their credit was actually better than they expected. As we reviewed their finances, I noticed they had two vehicle loans with OneMain. I explained how refinancing those loans could make a big difference. We refinanced both loans into a three‑year term, saving them almost $4,000 in interest over the life of the loans and reducing their monthly payments by $380.
With that extra breathing room, the family was able to purchase a more reliable vehicle for their daughter for $5,400 instead of settling for something less dependable. They were incredibly thankful—not only for the lower payments and interest savings, but for the peace of mind knowing their daughter would be driving a safer, more reliable car. Moments like this truly highlight the impact we can make.
