Image: A woman leans against the hood of her car looking out at the ocean.
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Editors’ take: Loans through Auto Approve may be a suitable option for people looking to get prequalified and compare a number of offers for car, boat, ATV, motorcycle or RV refinancing. Those who prefer to work with a direct lender rather than an online marketplace should look elsewhere.
What you need to know about Auto Approve auto loans
Not a direct lender
Auto Approve is not a direct lender — instead, it works with various banks and credit unions across the country to offer auto refinancing. You may get loan offers from a variety of companies — but there’s no guarantee you’ll get a loan offer.
Wide range of refinancing programs
Beyond traditional loan refinancing, you can apply to take out a loan through Auto Approve to buy a vehicle you are currently leasing, either at the end of your lease term or before.
About the author: Andrew Dunn is a veteran journalist with more than a decade of experience as a reporter and editor at North Carolina news organizations, including the Charlotte Observer and the StarNews in Wilmington. In those roles,… Read more.
