This month has included a significant milestone for iLending and its auto refinancing endeavors.

After hitting the $1 billion mark in September 2018 and $2 billion last July, iLending recently discovered that it now has surpassed $3 billion in refinanced contracts, saving users an average of $145 on their monthly payments.

“The ground we have gained these past few years is truly remarkable. This $3 billion mark is the result of following the guidelines of our core values. We treasure our clients, team members, lenders, and partners, and we’re always looking to do the right thing,” iLending’s chief executive officer Tom Holgate said in a news release. “It’s exhilarating to witness and be part of this celebration, and to keep evolving each day to best serve our clients.

“We speak with hundreds of families every day that have been hit hard by these high inflation levels, so we have a deep understanding of the very real hardships being experienced right now,” Holgate continued. “Reaching the $3 billion milestone means we’ve provided some breathing room to over 127,000 American families, and that means something.”