Auto Loan Refinancing Made Simple
You don't need to buy another car to get a new auto loan.
With an auto loan refinance, you replace your existing loan from another financial institution with a new Cobalt auto loan. Depending on your credit, loan amount, rate and term, refinancing may help you lower your monthly payment or reduce the amount of interest you pay over the life of the loan.
And with this offer, qualifying members can receive $400 cash back.*
Why Refinance Your Auto Loan?
Your current auto loan may not have the best rate or payment for you anymore.
Refinancing your car loan with Cobalt could help you:
- Lower your monthly payment
- Potentially reduce your interest rate
- Create more room in your monthly budget
- Get $400 cash back when you qualify
Get $400 Cash Back
Refinance an eligible auto loan from another financial institution with Cobalt and you could receive $400 cash back.*
Here's how it works:
1. Refinance your auto loan
Move an eligible auto loan of at least $10,000 from another financial institution to Cobalt.
2. Get your loan funded
Your new Cobalt auto loan must be funded by December 31, 2026.
3. Get $400 deposited
The $400 bonus will be deposited on the last business day of the month after your loan is funded.
*Offer valid through 12/31/2026. Cobalt Credit Union reserves the right to modify or discontinue the offer at any time prior to acceptance. To qualify for the bonus, you must refinance an auto loan of at least $10,000 from another financial institution. Existing Cobalt auto loans are not eligible for this promotion. All Cobalt accounts must be in good standing at the time promotion requirements are fulfilled. The bonus will be deposited into your membership share account on the last business day of the month after your loan is funded. For example, if your loan is funded on October 15, the bonus will be deposited on the last business day of November. Loan subject to credit approval. Bonus may be reported to the IRS and recipient on Form 1099-INT. Recipient is responsible for any applicable federal, state, and local taxes. Consult your tax advisor regarding the tax consequences of this offer.
