Recently my bank, USAA, who I absolutely love doing business with offered me a deal to refinance my car with a new car loan at a reduced interest rate. So, of course, I pounced on it. I would be lowering my interest rate by almost 1% and moving another loan back to my favorite bank. But, when I called, I was a little shocked at first when my monthly payment actually rose by $4 per month instead dropping. I was expecting my car payments to drop since I was reducing my annual interest rate on the car loan from 4.38% to 3.59%. But, I still took … [Read more...] about I Refinanced My Car Loan, Dropped 1%, And Still Pay $4 More A Month!