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PenFed’s refinance applications up 75% 

Auto Finance Summit East 2025 

Amanda Harris

NASHVILLE, Tenn. — PenFed Credit Union’s volume of auto refinance applications is growing as consumers look for ways to mitigate affordability concerns and stay in their vehicles longer.   Refinance has grown to between 20% and 25% of PenFed’s total direct auto application count “in recent months,” up from 15%, Chris Kleczynski, vice president and […]

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