Car Loan

Refinancing car loan for longer period?

An unconventional question, but...is it possible to refinance a car loan for a longer period of time? for instance, if you have 48 months left on your loan, can one refinance w/another company for 60 months to simply lower the payments for the immediate future? thanks!
Answer
Yes it is possible but only if the lender you are financing with offers a competitive, the same or lower rate than the one you are financing thru right now.

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