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Refinancing Your Vehicle
Security National Automotive Acceptance Corporation (SNAAC) is a purchaser of contracts, not a lender, therefore we are unable to refinance your original Retail Installment Contract Agreement. To refinance your loan agreement you will need to obtain financing from a direct lender such as a traditional bank, credit union, or other financial institution with direct lending capabilities.
Once you locate a direct lender who will agree to assume your loan obligation, they must contact SNAAC at (800) 995-0591 ext. 12 to obtain the payoff value and make arrangements to pay your balance in full. You are held responsible for all scheduled monthly payments until the balance is paid, including any payments due during the refinancing period before the new loan is complete. If the payoff overpays your loan balance during the refinancing period, you will be refunded the difference. Once your direct lender has paid your SNAAC balance in full you will be relieved of your obligation to SNAAC and will then have a new financing contract with that lender.
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