Refi Your Ride with The ONE

Feeling trapped in your car loan? Maybe it’s time to shop around. Rates at CommonWealth One are as low as 1.99% APR,* and we offer 100% financing and terms up to 84 months!1 And, if you refinance your auto loan with us by August 31, 2020, you’ll receive a $200 rebate!

Refinancing your vehicle loan can lead to a lower monthly payment, a shorter term, or both! It depends on a wide range of factors, including the value of your vehicle, how much you owe on your current loan, and your credit standing.

If any of these factors have changed since you bought your car, you owe it to yourself to check out your refinancing options. After all, your car is a major purchase, and just as you’d refinance a house, there might come a time when you want to take another look at your car loan. If your credit score has improved, shopping for a new loan is a fantastic idea, as a lower interest rate will save you money. Also, if you didn’t shop around when you got your first loan, you may  have ended up paying a higher interest rate since the dealer’s finance sources work with little competition. 

One thing you may be sure of is: if you refinance your auto loan with CommonWealth One before August 31, you can receive a $200 cash rebate. Plus, you’ll automatically be entered into our weekly $100 drawing†† and our Grand Prize Drawing for a chance to win $1,000.

All loans are subject to approval. Offer is valid for auto loan refinance applications of $15,000 or more submitted July 1, 2020, through August 31, 2020, and may be changed or discontinued at any time without notice. Applicants must mention promo code “Refi My Ride” when applying to redeem this offer. The refinance of an existing CommonWealth auto loan is not eligible, nor is the refinance of an auto loan previously held by CommonWealth One within 60 days prior to new application. $200 rebate will be paid upon execution of final loan agreement. Recipient is responsible for any applicable taxes related to the rebate. Other restrictions and conditions may apply; please visit for complete details. *Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Rate shown reflects 0.50% discount for Loan Rewards. Payments for $20,000 auto loan at 1.99% APR for 36 months are pproximately $572.10 per month. Other rates and terms are available. Rates are subject to change without notice. 1Financing is available up to 125% of retail value for new cars and used cars. Car loans with terms of 61 to 72 months require a minimum $15,000 purchase price. Car loans with terms of 73 to 84 months require a minimum $25,000 purchase price. Certain eligibility requirements, conditions, and exclusions may apply. ††Members who apply for a new or used vehicle with CommonWealth One between July 1 and August 31, 2020, will automatically be entered for a chance to win $100 in our weekly drawings, as well as the Grand Prize Drawing for $1,000. The Grand Prize Winner will be selected at random from all qualifying entries on or about September 15, 2020. There is no purchase necessary to enter or win. For complete details on how to enter without purchase and full contest rules, visit