First Alert 4: Car Owners Saving an Average of $150 a Month By Refinancing Auto Loans

As the cost of car ownership continues to rise, drivers are finding relief by refinancing their car loans. Caribou CEO Simon Goodall appeared on First Alert 4, CBS affiliate in St. Louis, MO, to share tips for car owners considering if auto refinancing is right for them. He is joined by Caribou customers Ron Allen and Matthew Carl, who discussed their motivations for refinancing their auto loans and how they’ll use the savings now that they’ve lowered their monthly car payments.