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What you need to know about RefiJet auto loans
RefiJet is an auto refinance company that helps match people with refinance loan options that could meet their needs. RefiJet isn’t a lender. Instead, it partners with a network of lenders that include banks, financial institutions and credit unions.
Considers people with varying credit histories
RefiJet’s extended network of lending partners allows it to consider people with different credit profiles. But even if you have good credit, you’ll need a history of on-time payments and proof of employment or income to be eligible to prequalify for an auto loan.
An auto refinance loan through RefiJet may be worth considering if this is your first auto refinance and you want someone to walk you through the loan process.
It could also be worth considering if you want the ability to apply for prequalification and potentially get multiple loan offers in one place, especially if you have less-than-perfect credit. Prequalification through RefiJet results in a soft credit pull and doesn’t affect your credit scores. Just remember that prequalification isn’t a guarantee that you’ll be approved for the loan or that you’ll receive the estimated loan terms. And if you move forward with a full loan application through RefiJet, it may result in a hard credit check.
About the author: Sarah Archambault is a freelance writer based in New England. She enjoys learning new ways to spend money wisely and helping others figure out how to make smart financial decisions. Sarah is a graduate of the Newhouse… Read more.
