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Cash Back Auto Loan | Refinance

It Pays To Refinance Your Auto Loan With Pearl Hawaii

Cash Back Auto



Cash Back Auto Loan | Refinancing

With Pearl Hawaii’s Cash Back refinancing, you might be able to get a better interest rate on your auto loan as well as some extra cash to cover a financial emergency, pay the high-interest debt, or cover other expenses.

What Is A Cash Back Auto Loan?

Cash Back Refinancing (also referred to as Cash Out) means replacing your existing loan with a new one and borrowing an extra amount against the equity in your vehicle. With the existing equity that you have in your vehicle, you can receive a pool of cash. For example, your car has a $5000 balance on a loan from another lender. You refinance to Pearl Hawaii and the value turns out to be $7,000. As a result, you can receive up to $2000 (the equity) that will be deposited into your Pearl Hawaii checking account.


  • Fixed Interest Rates
  • No Pre-Payment Fees or Penalties
  • No Application Fee

What Happens When You Refinance An Auto Loan?

With a traditional refinance, you take out a new loan to pay off your current loan. If your credit score has improved or interest rates have dropped in the time since you got your loan, you could get a lower interest rate. With a lower interest rate, you could save hundreds to thousands on the life of your loan. Also, another option members consider is extending out their loan terms so their monthly payments are lower. With longer loan terms though, please keep in mind that you will likely pay more in interest.

How Cash Out Auto Refinancing Can Work For You

If done correctly, auto refinancing can work for you in a couple of ways. Depending on your current financial position, you can use cash-out auto refinancing to lower your payment or even lower your interest rate.

If you have questions about whether auto refinancing with cash out will work for you, you can always contact us. To determine how much equity you have, Pearl Hawaii will follow up with you after you apply.


Love The Car You’re Driving?

With a Cash Back Auto Loan with Pearl Hawaii Federal Credit Union, you can keep your vehicle and enjoy the perks of a Pearl Hawaii Auto Loan.

As a not-for-profit, our auto loan rates are structured to benefit your bottom line, helping you save money when you’re ready to finance a used car, truck, or SUV. Plus, we make the application and approval process quick so you can keep moving forward. Apply or visit us at one of our convenient locations throughout Oahu including Honolulu, Waipio, Waianae, Ewa, Airport area, and Pearl Harbor.

What are Pearl Hawaii’s Cash Back Auto Loan rates?

Visit our rates page for details.