We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

RefiJet auto loan refinancing review

Last updated:  

Though not the most transparent, this connection service handles all of the paperwork for you.

If you’re looking to refinance a car, motorcycle or RV loan, RefiJet may be able to help. Unlike other connection services, it not only matches you with potential lenders but also handles all of the paperwork for you. But it’s not the most transparent about what rates and terms you might qualify for.


Product NameRefiJet auto loan refinancing
Interest Rate TypeFixed
RequirementsEmployed or verifiable source of income, history of on-time car loan payments, valid driver's license, eligible car with insurance and registration

First, do I qualify?

To qualify to refinance your auto loan with RefiJet, you need to meet the following criteria:

  • Employed or have a verifiable source of income
  • History of on-time loan payments
  • Valid driver’s license

Your car also needs to meet a few requirements to qualify:

  • Less than 10 years old
  • No more than 150,000 miles on it
  • Insured
  • Registered in your state

What makes RefiJet unique?

Unlike other connection services that simply match you with a lender and send you on your way, RefiJet offers a full-service application process. Not only will it fill out your refinancing application for you, but it will even work with your new lender to get your old car loan paid off and title changed. Plus, RefiJet works with lenders that offer motorcycle and RV loan refinancing on top of traditional auto loan refinancing.

What types of car loans does RefiJet offer?

As a connection service, RefiJet doesn’t offer loans directly. Instead, it can potentially match you with a lender that can refinance your current car loan. By refinancing with one of RefiJet’s partner lenders, you may be able to:

  • Lower your current interest rate
  • Extend your current loan term
  • Add or remove a cosigner
  • Buy out your car lease
  • Get cash back from your equity

You may also be able to refinance your motorcycle or RV loan with one of RefiJet’s partner lenders.

What are the benefits of using RefiJet?

Getting your auto loan refinanced through one of RefiJet’s partners comes with a few perks:

  • No hard credit requirements. Unlike other refinancing providers, RefiJet is lenient with credit score requirements.
  • Wide availability. RefiJet works with borrowers in all 50 states.
  • Full-service application process. After you’re connected with a lender, RefiJet fills out the application on your behalf. It even works with your new lender to get your old car loan paid off and title changed.

What to watch out for

Consider these potential drawbacks before using RefiJet’s connection service:

  • No online signup. While you can begin the process online, you’ll have to speak with a representative over the phone before you can get matched with potential lenders.
  • Unclear rates and terms. RefiJet’s website offers no specific details about borrowing amounts, rates or terms you might qualify for through its partner lenders.
  • No new or used car loans. RefiJet’s partner lenders can only help you with your refinancing needs — you won’t be able to take out a new or used car loan.

Compare more car loan providers

Updated February 17th, 2020
Name Product Filter Values Minimum credit score APR Loan term Requirements
car.Loan.com Car Loans
Varies by network lender
Varies by lender
Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
SuperMoney Auto Purchase Loans Marketplace
Varies by lender
Varies by lender
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.
CarsDirect Auto Loans
Varies by network lender
Varies by network lender
Must provide proof of income, proof of residence, and proof of insurance.
Save time and effort with this lending service specializing in beginner-friendly or subprime car loan.
Auto Credit Express Car Loans
Varies by network lender
Varies by lender
Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Get connected with an auto lender near you, even if you have bad credit.
Monevo Auto Loans
3.99% to 35.99%
3 months to 12 years
Credit score of 500+, legal US resident and ages 18+.
Quickly compare multiple online lenders with competitive rates depending on your credit.
LightStream Auto Loans
Good to excellent credit
2 to 7 years
Good or excellent credit, enough income or assets to afford a new loan, US citizen or permanent resident, 18+ years old
Quick car loans from $5,000 to $100,000 with competitive rates for borrowers with strong credit.
LendingTree Auto Loans
Good to excellent credit
Starting at 3.09%
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.

Compare up to 4 providers

What do borrowers say about RefiJet?

There aren’t many reviews as of July 2019, but what’s there is a mixed bag. It’s accredited with the Better Business Bureau (BBB) and earns an A+ rating based on factors like transparency and time in business. But it only scores 3 out of 5 stars based on 10 borrower reviews.

A few customers complained about RefiJet’s complicated application process, while others raved about their positive and efficient experience. One customer felt pressured to purchase gap insurance and extended coverage, so watch out for pushy sales pitches when finalizing your loan agreement.

How do I get started?

First, double-check that you and your car meet RefiJet’s eligibility requirements. If you do, you can begin the process online by following these steps:

  1. Visit RefiJet’s website and enter your name, email address and phone number. Click Lower My Payments.
  2. Enter your home address and click Form Completed! Click to submit it.
  3. Wait for a RefiJet financial services representative to get in touch with you.

If you fill out the online form during business hours, you can expect a call from a RefiJet representative that same day. They’ll then collect more information and supporting documents before presenting you with your refinancing options.

Happy with one of the offers? Your personal RefiJet representative will submit your application with your chosen lender. If approved, RefiJet will fill out any necessary paperwork on your behalf. Then, all you have to do is sign and return the documents. RefiJet will facilitate the process of paying off your old car loan and updating your title for you.

What information do I need?

Have the following information on hand before filling out RefiJet’s online form:

  • Social Security number
  • Details about your job and residence
  • Copies of your driver’s license and registration
  • Proof of insurance
  • Your car’s current mileage

I used RefiJet to refinance my auto loan. Now what?

After you’re approved for refinancing, RefiJet works with your new lender to pay off your old car loan. However, it’s still a good idea to confirm with your previous lender that your account has been successfully closed out.

Once that’s taken care of, you’re on the hook for monthly repayments to your new lender. Ask if you can sign up for autopay to avoid late fees and other penalties. And keep an eye on your bank account and loan balance. If you see something off, reach out to your lender’s customer service team as soon as possible.

Bottom line

RefiJet may be worth considering if you’re looking to refinance your current car loan and hate all the paperwork that comes with it. But you won’t know what rates and terms you might qualify for until after you fill out its online form.

Prefer to apply for refinancing directly? Compare other providers with our guide to auto loan refinancing.

Frequently asked questions

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com 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