Refinancing your motorbike loan is not always something people think about, but with interest rates and the cost-of-living climbing, there are several advantages that borrowers can capitalise on. The rising cost of living forces us all to look closely at our personal expenses. And with greater competition amongst lenders with new providers entering the market refinancing your motorbike loan could be an option to getting a lower repayment and some breathing space with your cash flow.
Three reasons to consider are covered in this episode
What you’ll learn:
- (0:54)Chris talks about before making an investment decision
- (1:31) Refinancing your motorbike loan is not always something people think about
- (2:01) Motorbike loans typically have a fixed interest rate
- (2:31) If you’re struggling to meet your monthly repayments
- (3:01) It’s essential to carefully consider the overall financial impact of refinancing before making a decision.
- (3:28) Some lenders offer loans with extra features, such as flexible repayment options
- (4:15) The rising cost of living forces us all to look closely at our personal expenses.
- (4:36) Three of the reasons covered in this episode were…
- (5:01) Before refinancing your motorbike loan, it’s important to weigh the potential savings against
- Loads more…
Links and Resources:
https://www.forbes.com/advisor/personal-loans/best-motorcycle-loans/
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