CategoryFinance Insurance

Fed rate cuts could lead to more auto borrowers refinancing, risking some dealership F&I income

A wooden toy car bearing a percentage sign.
A TransUnion poll of consumers who started an auto loan in the prior 24 months found 63 percent would be likely or very likely to refinance it in the next 12 months if it meant a lower monthly payment. (GETTY IMAGES)
Last Updated
November 27, 2024 05:00 PM