Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

Auto Approve car loan refinancing review

Compare offers from banks, credit unions and other lenders with one online form.

  • Best for comparing offers from multiple lenders at once.
  • Pick something else if you want upfront rates and terms before filling out an online form.


Min. Loan Amount


Min. Loan Amount$7,500
Interest Rate TypeFixed
Requirements$1,500+ monthly income, payoff amount of $7,500+, vehicle is 10 years old or newer with less than 150,000 miles

Expert review

Auto Approve is ideal if you’re looking to refinance your auto loan, but aren’t sure where to start. You can compare offers from banks, credit unions and online lenders by filling out just one online form. It’s willing to refinance multiple types of vehicle loans, including motorcycle, RV, boat and ATV loans. And you might be able to hold off on making your first payment for 90 days.

But it’s not transparent about what specific lenders it works with. And you won’t have any idea of what rates and terms you might qualify for until submitting its online form — which will cause your credit score to take a hit. Plus, it doesn’t disclose any hard-and-fast credit requirements.

Prefer to apply with a refinancing provider directly? Compare your other options below.

First, am I eligible?

To qualify for refinancing with Auto Approve, you need to meet the following criteria at a minimum:

  • Monthly income of at least $1,500
  • Payoff amount of current loan is more than $7,500
  • Vehicle is 10 years old or newer
  • Vehicle has less than 150,000 miles

The lender you’re connected with may have additional eligibility requirements.

What states is Auto Approve refinancing available in?

Auto Approve car loan refinancing is available to residents of all 50 states.

What types of auto loans does Auto Approve offer?

Auto Approve is a connection service that works with a network of banks, finance companies and credit unions to offer auto loan refinancing. On top of refinancing your car loan, you can also refinance motorcycle, RV, Boat and ATV loans.


  • Refinancing available for several different types of vehicles
  • Compare multiple lenders with one online form
  • Available in all 50 states
  • Option to hold off on making your first payment for 90 days


  • Not up front about rates or terms
  • Doesn’t disclose specific lenders in its network
  • Unclear credit requirements
  • Submitting its online form will affect your credit

Compare other car loan refinancing providers

Select your credit range and your state of residence to find even more refinancing options.

Name Product Filter Values Minimum credit score APR Loan term Requirements
Gravity Lending Auto Loan Refinancing
As low as 1.99%
$10,000 to $180,000
Under 150,000 miles, 2010 model year or newer, owe at least $10,000 on current loan
LendingClub Auto Refinancing
Fair or better credit
3.99% to 24.99%
Car must be less than 10 years old with fewer than 120,000 miles. Current loan must have a balance between $5,000 and $55,000 and at least 24 months left in its term.
Lower your monthly car payments and save on interest through a fast and easy online application process.
Ally Clearlane
3.74% to 13.49%
3 to 7 years
Monthly income of $2,000+, live in an eligible US state, ages 18+
SuperMoney Auto Loan Refinancing
Varies by lender
Varies by lender
Car must be less than 10 years old with fewer than 150,000 miles. Fair to excellent credit, an income source, US Citizen or Permanent Resident, 18+ years old
Find an offer and get rates from competing lenders without affecting your credit score.
Good to excellent credit
Starting at 0.99%
Varies by lender
18+ years old, good to excellent credit, US citizen
Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.
1.99% (as low as)
1 to 6 years
Must have a vehicle with less than 100,000 miles.
A car loan connection service for borrowers looking to refinance.
RateGenius Auto Loan Refinance
2.99% (as low as)
Income of $2,000+/month, vehicle has less than 150,000 miles and is no older than 8 years, loan balance is between $10,000 and $100,000, debt-to-income ratio is less than 50%
Connect with a network of over 150 lenders to refinance your car loan.

Compare up to 4 providers

Auto Approve reviews and complaints

BBB accredited Yes
BBB rating A+
BBB customer reviews 4.8 out of 5 stars, based on 526 customer reviews
BBB customer complaints 17 customer complaints
Trustpilot Score 4.2 out of 5 stars, based on 260 customer reviews
Customer reviews verified as of 19 October 2020

A wide mix of reviews are available for Auto Approve online. Its Better Business Bureau (BBB) and Trustpilot pages both have a handful of negative reviews amid the most recent customer reviews as of October 2020.

Of the complaints, two customers state the deals they received weren’t actually an improvement over their original loans. And another customer reports not all fees were disclosed. However, several other reviewers comment on quick, friendly service and the professionalism of the agents who helped them.

How do I get started?

You can get connected with a lender by calling 844-238-3075 or filling out a quick online form on Auto Approve’s website. Follow these steps to get started online:

  1. Go to Auto Approve’s website and click Get a quote in minutes.
  2. Select whether you’re interested in refinancing by yourself or with a coborrower.
  3. Select the type of inquiry you’re making and your primary goal. Click Next.
  4. Enter information about your vehicle, current loan, where you live and your employment.
  5. Submit the form and wait to hear back about a decision.

You should receive a decision within minutes. If approved, an Auto Approve loan specialist will reach out to review the details of the best offer.

What documents do I need?

You’ll need to have the following documents on hand when filling out Auto Approve’s online form:

  • Driver’s license
  • Current proof of insurance
  • Current registration

You may also be required to submit additional documentation depending on the lender you’re connected with.

How do repayments work with Auto Approve?

It depends on the lender you’re connected with. Your first payment is usually due around 45 days after the date on your contract. However, you might qualify to hold off on making your first payment for 90 days — reach out to Auto Approve or your lender for more information.

Find out how Auto Approve stacks up to the competition with our guide to car loan refinancing.

Ask an expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site