You are not required to extend your loan beyond your current term. In some cases, this might be required if your pay-off is small or if you are trying to maximize your monthly savings.
Your offer expires 30 days after you pre-qualify. You may use your offer up to the expiration date. If your offer expires before you are ready to refinance your vehicle, simply re-submit a pre-qualification application to check your eligibility for a new offer.
