RefiJet Auto Loans Review 2025

RefiJet loan terms and requirements

Compare other lenders:

Auto refinancing lenders.
Lease buyout lenders.

About RefiJet: a closer look

RefiJet partners with a network of about 50 lenders to provide auto loan refinancing and car lease buyout loans. After matching applicants to lenders in its network, RefiJet provides multiple loan options for which an applicant may pre-qualify. This is done with a soft credit check and will not affect an applicant’s credit scores. Applicants select an option, which is then submitted to the lender resulting in a hard credit check.

RefiJet stands out for presenting pre-qualified offers from more than one lender, whereas some aggregators show only one offer from the lender they determine to be the best. Also, RefiJet differs in its process of assigning borrowers to a company financial services representative (FSR), as opposed to immediately passing borrowers to the lender. According to the RefiJet website, borrowers have their FSR's name and direct contact information and can call, email or text when needed throughout the loan process.

When reviewing and rating auto loan aggregators, NerdWallet writers gather information about customer experience, transparency, loan affordability, loan requirements and flexibility. RefiJet scores high for transparency. We like that minimum credit requirements, an interest rate range and loan terms can be easily found on their website. Refijet also scores well for customer experience.

RefiJet also offers cash-out refinancing, meaning borrowers with vehicle equity may be able to receive cash with their auto refinance loan. Borrowers should weigh the pros and cons of cash-out auto refinancing.

Do you qualify for a RefiJet auto refinance or lease buyout loan?

Here are RefiJet's borrower requirements to qualify for an auto refinancing or lease buyout loan. Because RefiJet works with many different lenders, some requirements shown are the lowest and highest among all lending partners. Meeting these requirements doesn’t guarantee approval. Also, some lenders may be more flexible with requirements when taking into account an applicant's total financial picture.

Other RefiJet details

Pre-qualification and preapproval. The company says all eligible applicants can receive pre-qualified offers based on a soft credit check. Once approved, loan offers are good for 30 days.

Upfront fees. Applicants should be prepared to pay an origination fee of up to $695 when they get a loan through RefiJet. This fee covers items like the title transfer and notary services.

Interest rate discounts. A RefiJet representative says more than half of its lending partners offer an APR discount (up to 0.25%) when a borrower sets up automatic payment.

Refinancing time restrictions. RefiJet will refinance as soon as the previous loan's paperwork is complete and the title can be transferred. Borrowers aren't required to have a certain balance or number of months remaining on their previous loan.

Deferred payments. RefiJet offers deferred payments for up to 90 days at the beginning of a loan.

Contacting Refijet. During the application process, borrowers can reach RefiJet by phone, email and text, with Spanish-speaking agents available. Hours are Mon-Fri 7 a.m.-7 p.m. and Sat 9 a.m. to 5 p.m. MT.

Back to About Refijet

RefiJet may be a good fit for those who:

• Want to compare terms and rates. Pre-qualification with a soft credit check will not affect an applicant's credit scores, so it's a good way to see the rate you may qualify for and compare it to other lenders. Pre-qualified offers show estimated rate and payment along with loan term.

• Prefer assistance with the loan process. Applicants receive one-on-one assistance from loan application and selection to title transfer and previous loan payoff.

• Speak Spanish. RefiJet has Spanish-speaking representatives to assist by phone, email, text and chat.

Before you apply to Refijet

Check your credit. You can get your free credit report on NerdWallet or at AnnualCreditReport.com. If you find errors, file a credit dispute to correct them before you apply for an auto loan.

Figure what monthly payment you can afford. Use an auto refinance calculator or lease buyout calculator to determine what APR and repayment term you need to get monthly car payments that fit your budget. An auto refinance calculator also shows how much you can save by refinancing.

Gather your documents and information. RefiJet requires the following to submit an initial auto loan refinancing or lease buyout application: address, time at address, phone, email, birthdate, employment status, employer name, income, housing status, housing payment amount and basic vehicle information.

How to apply for a RefiJet auto refinancing or lease buyout loan

1. Pre-qualify for a loan. Applicants can pre-qualify for a loan on RefiJet’s website (using the Get Started button) or by phone at 800-260-5355. They’ll be asked to provide information like job title, income and address, as well as vehicle details like make and model of the car, mileage and car features. Applicants also have the option to work with a RefiJet financial services representative (FSR), whom they can contact throughout the loan application process. Pre-qualifying won’t hurt an applicant’s credit scores.

2. Make a loan decision. If you pre-qualify, RefiJet will match you with multiple loan offers from different lenders that best fit your situation. If you decide to move forward with a loan offer, RefiJet will submit a formal application to the lender, which will require a hard credit check. A hard inquiry may result in a temporary dip in your credit scores.

Back to About Refijet

How do we review auto loan aggregators?

NerdWallet's review process surveys companies that offer any combination of new car purchase loans, used car purchase loans, auto refinance loans (traditional and/or cash-out) and lease buyout loans. These companies include direct lenders and aggregators; the latter group doesn't have in-house loan products but matches borrowers to third-party lenders within a network. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgements on which ones will best meet your needs. We adhere to strict guidelines for editorial integrity.

Because aggregators are not the actual lender and servicing of the loan passes to the lender in most cases, NerdWallet focuses most heavily on the front end of the loan process. This includes level of service/support and transparency, with less focus on the actual loan product. In all, our survey for aggregators includes more than 60 data points. NerdWallet independently confirms product details and, when necessary, follows up with company representatives. At least two writers and an editor verify the facts for every lender review to ensure data are accurate.

To receive a star rating, an aggregator must respond to NerdWallet’s annual auto loans survey. Star ratings are then assessed from poor (one star) to excellent (five stars).

For more details about the categories considered when rating aggregators and our process, read our full methodology.