At a glance

- Availability
- Affordability
- Customer Experience
- Transparency
About RefiJet
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Loan amount
Varies by lender
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Min. credit score
Not specified
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APR from
5.24%
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Funds available in
As soon as one business day following closing
Loan amount
Varies by lender
Min. credit score
Not specified
APR from
5.24%
Funds available in
As soon as one business day following closing
Refinancing your vehicle can be overwhelming. It is important to weigh all loan options carefully and ensure you truly are walking away with a better deal. For the hesitant borrower, RefiJet will help minimize the refi process’s stresses.
RefiJet will match you with an experienced financial expert that can hold your hand throughout the application and funding experience. The team of advisors will assist you in choosing the best refinance option and will even handle all of the paperwork necessary.
RefiJet auto loans can simplify how you shop for rates, but it’s not without its drawbacks.
Prequalification available
Payment-free period
Draw on your car’s equity
Potentially multiple fees
Full application not online
Not a direct lender
In order to qualify with a lender in RefiJet's partner network you'll need to meet a few eligibility requirements.
Gravity is another online loan marketplace that offers refinance and lease buyout loans for drivers. Gravity discloses a bit more information for its borrowers regarding credit requirements and loan amounts. For those unsure of their acceptance, Gravity might be a better option. Both lenders boast excellent customer service with loan officer guidance throughout the entire process.
iLending is another strong contender for those looking to refinance their current loans. It boasts a very low minimum APR of 4.49 percent, and while not all borrowers will secure a rate this low it is a promising base. The lender similarly offers a lender specialist to assist you throughout the loan process. However, the lender does not disclose many of its requirements, which can cause some borrowers pause. Check out our RefiJet vs. iLending breakdown for more guidance.
RefiJet can simplify how you shop for rates, but it’s not without its drawbacks.
You can call the toll-free phone number on RefiJet’s website to speak with a customer service representative, send an email or submit an online inquiry form for further assistance. Despite requiring a phone call as a part of the prequalification process, RefiJet does not list its customer service hours on its website.
Whether you want to refinance your current auto loan or buy out your lease, RefiJet has you covered.
You won't find new or used auto loans with RefiJet, instead, it focuses on matching potential borrowers with lenders that offer auto refinance loans. While it doesn't offer specific loan amount limits or APR ranges on its site, you can prequalify to check your potential rates before fully applying.
If you prefer to keep your leased vehicle instead of turning it in and searching for a new ride, you can buy out your lease and avoid excess mileage or wear and tear fees. RefiJet helps you find a loan with a term and monthly payment that work for you. There is also no prepayment penalty if you decide to pay the loan off early to save money on interest.
Visit RefiJet’s website to fill out an interest form, and a member of the team will reach out to you. Alternatively, you can call the company’s toll-free number to speak with an auto refinancing expert if you have additional questions before getting started.
A financing expert will help you analyze your options and select the best fit if there is a match within RefiJet's network. The next step is to finalize your loan application and upload any documents the lender requires to issue a final approval.
RefiJet offers a few special features for its borrowers. One is the Spanish version of the website: Drivers can translate the entire experience through one simple click. Along with this, qualified borrowers can secure a two-month payment-free period.
RefiJet also encourages borrowers to roll on additional products such as gap insurance or extended warranty.
There are a few potential fees that come with a RefiJet backed loan. These include potential origination fees from your specific lender along with a processing fee of $495.
Overall score | 3.9 | |
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Availability | 4 | RefiJet works with a variety of lenders, and doesn’t disclose a hard minimum or maximum loan amount. It also doesn’t list what states it’s available in. |
Affordability | 3.5 | A low starting APR is a mark in its favor, but RefiJet doesn’t have a maximum APR specified, discounts or fees lenders might charge. |
Customer experience | 3.6 | RefiJet doesn’t have an app available, nor does it provide its customer service hours, but it does have a quick funding timeline and its lenders offer recurring payments. |
Transparency | 4.5 | You can prequalify with RefiJet and get quotes from several lenders, but complete rates and fees are not available on its website. |
To rate lenders that specialize in auto refinance loans, Bankrate considers 16 different factors. These factors range in consideration from the loan amount, disclosed APR and acceptance criteria. Each lender holds a score based on four categories.