Q: How often do the rates change for car loans?

Interest rates are generally reviewed and determined on a monthly basis. There may be times when rates change more regularly. Once you close on an auto loan, the rate is locked for the term of the loan. If at a later time you are not happy with the rate, you can try refinancing your vehicle with Mountain America. Refinancing is free, does not take long and can be done any time. You can apply online, through our service center at 1-800-748-4302 or by visiting a local branch.