Gravity Lending Auto Loans Review 2025

Gravity Lending loan terms and requirements

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Auto refinancing lenders
Lease buyout lenders

About Gravity Lending: a closer look

Gravity Lending partners with a network of approximately 90 lenders — including several top federal credit unions — to provide auto loan refinancing and lease buyout loans. It also offers cash-out auto refinancing, so borrowers with vehicle equity may be able to receive cash with a new refinance loan.

When compared to similar auto loan aggregators, Gravity Lending stands out for having lower advertised interest rates and one-on-one customer service.

While Gravity Lending advertises pre-qualification with a soft credit check, a company representative says a hard credit inquiry is still possible. If you submit an application with all required information and consent, it may be passed to a lender that does a hard credit pull before you select a loan offer. Because of this, Gravity Lending may not be the best choice if you’re on the fence about getting a loan and only shopping rates.

To review and rate auto lenders and aggregators, NerdWallet writers gather information about customer experience, transparency, loan affordability, loan requirements and flexibility. Gravity Lending tends to score high for its loan affordability and flexibility, for example having lending partners that don't require a minimum credit history. Although Gravity Lending scores well in the flexibility category, it loses points for a high minimum loan requirement of $15,000.

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

Here are Gravity Lending's borrower requirements to qualify for an auto refinancing or lease buyout loan. Because Gravity Lending 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 Gravity Lending details

• Pre-qualification and preapproval. Gravity Lending does offer pre-qualification with a soft credit check, but in some cases a hard credit inquiry could occur. Once a loan is approved, the amount of time that the offer is good varies by lender.

• Upfront fees. None charged by Gravity Lending itself. Less than 25% of borrowers could have a fee of up to $95 charged by the lender. This fee can usually be financed as part of the loan amount.

• Interest rate discounts. More than half of Gravity Lending's partners offer an APR discount (up to 0.50%) when a borrower sets up automatic payments, so availability of a discount depends on the lender you're matched with.

• Refinancing time restrictions. Gravity Lending will refinance as soon as the previous loan's paperwork is complete and the title can be transferred. Gravity Lending says borrowers aren't required to have a certain balance or number of months remaining on a loan in order to refinance. However, Gravity Lending's minimum amount for an auto refinance or lease buyout loan is $15,000.

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

• Contacting Gravity Lending. During the application process, borrowers can reach Gravity Lending by phone, email, text and website form, with Spanish-speaking agents available. Hours are Mon-Sat 8 a.m.-6 p.m. CT.

Back to About Gravity Lending

Gravity Lending may be a good fit for those who:

• Want assistance with the loan process. Applicants receive one-on-one assistance from a loan officer throughout the process.

• Need more flexible loan requirements. The Gravity Lending network includes lenders that have no minimum credit history or income requirements.

• Could benefit from having a co-applicant. Gravity Lending can match applicants to lenders that allow both co-signers and co-borrowers. Having a co-applicant can help borrowers who might not qualify alone.

Before you apply to Gravity Lending

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. Gravity Lending 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, basic vehicle information.

How to apply for a Gravity Lending auto refinance or lease buyout loan

1. Apply on Gravity Lending’s website. Use the “Apply Now” button to submit information like employment status, income, housing information and basic details about your current car. You aren't required to provide a Social Security number, but doing so helps match you to the correct credit bureau information and more accurate offers. Gravity Lending also has the option to apply by phone at 888-602-1125. At this point in the process, pre-qualification with a soft credit inquiry is used to determine whether you can be matched with a network lender. A matched lender will do a hard credit inquiry to move forward with approving your loan, and this could occur before or after you accept the pre-qualified offer. A hard credit inquiry may cause a slight, temporary drop in your credit scores.

2. Discuss and accept your loan offer. If you pre-qualify and are matched to one or more lenders, a Gravity Lending loan officer will contact you to discuss the offers. The lender’s offer may show you options for different loan terms, APRs and payment amounts.

Back to About Gravity Lending

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.