{"id":410166,"date":"2024-05-02T11:41:02","date_gmt":"2024-05-02T15:41:02","guid":{"rendered":"https:\/\/www.automoblog.com\/?post_type=research&#038;p=410166"},"modified":"2024-05-02T17:07:30","modified_gmt":"2024-05-02T21:07:30","slug":"auto-approve","status":"publish","type":"reviews","link":"https:\/\/www.automoblog.com\/reviews\/loans\/auto-approve\/","title":{"rendered":"Auto Approve Reviews"},"content":{"rendered":"\n<p><em><strong><em>Affiliate Disclosure:<\/em><\/strong><em> Automoblog and its partners may earn a commission if you get an auto loan through the lenders outlined below. These commissions come to us at no additional cost to you. Our research team has carefully vetted dozens of auto lenders. See our <\/em><a href=\"https:\/\/www.automoblog.com\/about\/privacy-policy\/\"><em>Privacy Policy<\/em><\/a><em> to learn more.&nbsp;<\/em><\/em><\/p>\n\n\n<div class=\"three_ships_widget-wrapper loans_table_widget\" id=\"comparison_widget-block_c044f87fbbc7818820958239c72d066e\">\n    <div class=\"three_ships_widget-table\">\n        <div class=\"table-head\"><\/div>\n        <div class=\"table-body\">\n            <div class=\"table-column\">\n                <div class=\"content\">\n                    <div class=\"title\">\n                        <h4>Compare Auto Loan Rates<\/h4>\n                    <\/div>\n                    <div class=\"text\"><p>Compare which options fit your budget, credit score, and term length below. <\/p><\/div>\n                <\/div>\n                                    <div class=\"filters\">\n                                                <div class=\"field-group\">\n                            <div class=\"field\">\n                                <div class=\"label\">Loan Term<\/div>\n                                <div class=\"field-list\">\n                                    <span>All<\/span>\n                                    <ul>\n                                        <li data-value=\"*\" data-type=\"loan-term\" class=\"active\">All<\/li>\n                                                                                    <li data-value=\"48-84\" data-type=\"loan-term\">48 to 84 months<\/li>\n                                                                                    <li data-value=\"36-72\" data-type=\"loan-term\">36 to 72 months<\/li>\n                                                                                    <li data-value=\"24-84\" data-type=\"loan-term\">24 to 84 months<\/li>\n                                                                            <\/ul>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                                <div class=\"field-group\">\n                            <div class=\"field\">\n                                <div class=\"label\">Min. Credit Score<\/div>\n                                <div class=\"field-list\">\n                                    <span>All<\/span>\n                                    <ul>\n                                        <li data-value=\"*\" data-type=\"credit-score\" class=\"active\">All<\/li>\n                                                                                    <li data-value=\"500\" data-type=\"credit-score\">500<\/li>\n                                                                                    <li data-value=\"510\" data-type=\"credit-score\">510<\/li>\n                                                                                    <li data-value=\"550\" data-type=\"credit-score\">550<\/li>\n                                                                                    <li data-value=\"575\" data-type=\"credit-score\">575<\/li>\n                                                                            <\/ul>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <\/div>\n                                    <div class=\"table-wrapper\">\n                    <div class=\"brands\">\n                                                <div class=\"brands-head\">\n                            <div class=\"head-row\">\n                                                                <div class=\"th brand\">\n                                    <div class=\"head\">Brand<\/div>\n                                <\/div>\n                                \n                                                                <div class=\"th min-cred-score\">\n                                    <div class=\"head\">Min Cred Score<\/div>\n                                <\/div>\n                                                                <div class=\"th min-rate-term\">\n                                    <div class=\"head\">Min Rate Term<\/div>\n                                <\/div>\n                                                                <div class=\"th min-apr\">\n                                    <div class=\"head\">Min APR*<\/div>\n                                <\/div>\n                                                                <div class=\"th features\">\n                                    <div class=\"head\">Features<\/div>\n                                <\/div>\n                                                                <div class=\"th links\">\n                                    <div class=\"head\">Links<\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                                <div class=\"brands-rows\">\n                                                    <div class=\"brand-row\" data-loan-type=\"0\" data-loan-term=\"48-84\" data-credit-score=\"550\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>Refinance Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/www.refijet.com\/vip\/3-ships-blog\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2022\/11\/RefiJet.png\" alt=\"RefiJet\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">550<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">48 to 84 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">5.29%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>Average monthly savings of $150<\/li>\n                                                                                    <li>Work with personal loan concierge to compare options<\/li>\n                                                                                    <li>A+ BBB Rating<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/www.refijet.com\/vip\/3-ships-blog\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                        <div class=\"brand-row\" data-loan-type=\"2\" data-loan-term=\"36-72\" data-credit-score=\"500\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>Used Car Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/www.autocreditexpress.com\/apply\/lpgs\/cb0516_a\/?affid=ap005201&amp;subid=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2022\/04\/ace.png\" alt=\"ace\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">500<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">36 to 72 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">3.99%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>Great for customers with limited\/no credit<\/li>\n                                                                                    <li>Offers special military rates<\/li>\n                                                                                    <li>A+ BBB rating<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/www.autocreditexpress.com\/apply\/lpgs\/cb0516_a\/?affid=ap005201&amp;subid=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                        <div class=\"brand-row\" data-loan-type=\"1\" data-loan-term=\"24-84\" data-credit-score=\"575\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>New Car Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/www.myautoloan.com\/partner\/three-ships.html?utm_distil=threeships&#038;source=threeships&#038;site=MAL&#038;type=new&#038;term=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2022\/04\/myautoloan.png\" alt=\"myautoloan\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">575<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">24 to 84 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">4.75%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>Below-average credit scores<\/li>\n                                                                                    <li>Great interest rates<\/li>\n                                                                                    <li>Smooth and easy online experience<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/www.myautoloan.com\/partner\/three-ships.html?utm_distil=threeships&#038;source=threeships&#038;site=MAL&#038;type=new&#038;term=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                        <div class=\"brand-row\" data-loan-type=\"0\" data-loan-term=\"24-84\" data-credit-score=\"510\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>Refinance Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/upstart-auto-loans.sjv.io\/c\/2784191\/1010480\/13251?subId1=auto-approve\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2023\/08\/upstart-logo.png\" alt=\"upstart logo\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">510<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">24 to 84 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">5.61%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>No application fee<\/li>\n                                                                                    <li>Lending platform that partners with banks<\/li>\n                                                                                    <li>Approval and loan terms based on many variables, including education and employment<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/upstart-auto-loans.sjv.io\/c\/2784191\/1010480\/13251?subId1=auto-approve\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                    <\/div>\n                    <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"table-footer\">\n            <p>*All APR figures last updated on 3\/2\/2023 &#8211; please check partner sites for latest details. Your rate may vary based on credit score, credit history, and loan term.<\/p>        <\/div>\n    <\/div>\n<\/div>\n\n\n<p>Auto Approve offers low-interest auto loan refinancing. If you want to save money on your monthly car payments or if your credit score has recently increased, it may be a good idea to look into refinancing your car loan. Finance companies like Auto Approve allow you to apply in minutes and sign a refinancing contract the same day.<\/p>\n\n\n\n<p>We\u2019ve done the legwork to help you decide if it is worth applying for auto refinancing through Auto Approve. In this article, we review the company\u2019s loan details, the application process, and customer reviews.<\/p>\n\n\n\n<p>If you want to start comparing auto loan rates, visit&nbsp;<a href=\"https:\/\/www.autoapprove.com\/?utm_source=three%20ships&amp;utm_medium=affiliate&amp;subid=auto-approve-m1\" target=\"_blank\" rel=\"noreferrer noopener\">AutoApprove.com<\/a>.<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"auto-approve-review-4-0-stars\">Auto Approve Review: 4.5 Stars<\/h2>\n\n\n\n<p>While Auto Approve only offers one type of auto loan (auto refinancing), it does it well. The online application process is very fast, and with no fee, there is no reason not to submit an application if you have met the loan eligibility requirements. You may be able to find a lower interest rate and save money every month.<\/p>\n\n\n\n<p>Overall, here\u2019s our verdict on Auto Approve:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th><strong>Automoblog Rating<\/strong><\/th><th><strong>4.5<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Loan Details<\/td><td>4.4<\/td><\/tr><tr><td>Loan Availability<\/td><td>4.7<\/td><\/tr><tr><td>Reputation<\/td><td>4.3<\/td><\/tr><tr><td>Customer Service<\/td><td>4.1<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>One downside of Auto Approve is that refinancing loans may not be available to those with especially poor credit. Also, keep in mind that the company does not administer loans itself but rather finds car loans on customers\u2019 behalf. There may be a markup for this service.<\/p>\n\n\n\n<p>To compare auto loan rates, visit&nbsp;<a href=\"https:\/\/www.autoapprove.com\/?utm_source=three%20ships&amp;utm_medium=affiliate&amp;subid=auto-approve-m1\" target=\"_blank\" rel=\"noreferrer noopener\">AutoApprove.com<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"about-auto-approve\">About Auto Approve<\/h2>\n\n\n\n<p>Auto Approve LLC helps customers refinance auto loans for cars, trucks, SUVs, ATVs, motorcycles, RVs, boats, and all-terrain vehicles. Headquartered in Minnesota, the company has been matching customers with low-interest loans for over 40 years.<\/p>\n\n\n\n<p>The company is has lending partners like banks and credit unions that will find the right auto loan for each customer after considering their borrower profile.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Auto Approve Pros<\/strong><\/th><th><strong>Auto Approve Cons<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Low interest rates<\/td><td>Does not offer loans to drivers with very bad credit or no credit history<\/td><\/tr><tr><td>Strong customer service reputation<\/td><td><\/td><\/tr><tr><td>Easy and fast application process<\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"auto-approve-loan-details\">Auto Approve Loan Details<\/h2>\n\n\n\n<p>Auto Approve\u2019s main product is auto refinancing loans. This means that only drivers with existing auto loans can make use of its services. The company does not offer standard purchase loans or refinancing for commercial vehicles.<\/p>\n\n\n\n<p>Refinancing your loan means that you borrow money from a lender to pay off your existing auto loan. Instead of making payments to your old lender, you instead make payments to your new lender. The reason to do this is that you may be able to secure a lower interest rate or longer payment period, decreasing the monthly payments on your car.<\/p>\n\n\n\n<p>Be aware that some lenders have prepayment penalties. This means that you are charged a fee for paying your loan off early. While Auto Approve loans do not have prepayment penalties, your original auto loan may, meaning you will have to pay a fee to refinance.<\/p>\n\n\n\n<p>Details about the loan amounts, term lengths, and interest rates offered by Auto Approve lenders are outlined below:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th><strong>Auto Approve Loan Details<\/strong><\/th><th><\/th><\/tr><\/thead><tbody><tr><td>Loan Amount Range<\/td><td>$5,000 to $85,000<\/td><\/tr><tr><td>Loan Term Length<\/td><td>12 to 84 months<\/td><\/tr><tr><td>Annual Percentage Rate (APR)<\/td><td>As low as 2.94%<\/td><\/tr><tr><td>Prepayment Penalty<\/td><td>None<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>You can choose your loan term length, but your APR will depend on your borrower profile. Factors that impact the interest rate you might receive include:<\/p>\n\n\n\n<ul>\n<li>State<\/li>\n\n\n\n<li>Lender<\/li>\n\n\n\n<li>Credit history<\/li>\n\n\n\n<li>Vehicle<\/li>\n\n\n\n<li>Desired payment terms<\/li>\n\n\n\n<li>Monthly income<\/li>\n<\/ul>\n\n\n\n<p>Those with a higher income and an established history of meeting debt obligations will be eligible for a lower interest rate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Auto Approve Fees<\/h3>\n\n\n\n<p>Auto Approve doesn\u2019t charge an application fee. You won\u2019t pay anything out of pocket when starting a refinancing loan with the company.<\/p>\n\n\n\n<p>That said, there are some other costs beyond the principal loan amount. The origination fee is the cost to get the loan and it pays for things like customer service and business expenses. There is also a small fee to transfer the title from your old lender to Auto Approve. This fee covers DMV expenses.<\/p>\n\n\n\n<p>You don\u2019t have to pay any of the above fees out of pocket, but they are included in your total loan amount.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Auto Approve Lease Buyout<\/h3>\n\n\n\n<p>Auto Approve also offers lease buyout options. This enables someone with a leased vehicle to take out a new loan and purchase the vehicle at the end of the lease.<\/p>\n\n\n\n<p>If you fell in love with your ride and just don\u2019t want to give it up, this can be a good option. You can find a loan with Auto Approve online and at a competitive annual percentage rate.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"auto-approve-loan-application-process\">Auto Approve Loan Application Process<\/h2>\n\n\n\n<p>The Auto Approve application process is quick and easy. Customers can apply online through the company\u2019s website. After submitting your application, a loan consultant will find loan opportunities and contact you to discuss them. After selecting an auto loan, the necessary paperwork can be done digitally by e-signing documents.<\/p>\n\n\n\n<p>The entire process only takes a few minutes, and offers are valid for 30 days, so you can keep comparing quotes from other companies without giving up your Auto Approve offer.<\/p>\n\n\n\n<p>There is no application fee, but you may need to pay an origination fee after signing up for your refinanced auto loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What Documents Do You Need To Apply?<\/h3>\n\n\n\n<p>When you begin the application process, you will need to supply information like your name, address, credit score, and monthly income. Before any auto loan is guaranteed, you will also need to upload copies of the following documents:<\/p>\n\n\n\n<ul>\n<li>Driver\u2019s license<\/li>\n\n\n\n<li>Proof of valid auto insurance<\/li>\n\n\n\n<li>Current vehicle registration<\/li>\n\n\n\n<li>Recent pay stubs or proof of income<\/li>\n\n\n\n<li>Current loan finance contract (optional)<\/li>\n<\/ul>\n\n\n\n<p>You may also be asked for proof of citizenship or permanent residence.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"will-you-qualify-for-auto-approve-loan-refinancing\">Will You Qualify For Auto Approve Loan Refinancing?<\/h2>\n\n\n\n<p>Not every driver is eligible for auto loan refinancing through Auto Approve. Those with especially low credit scores or who do not have a sufficient income may be denied. See minimum borrower details for Auto Approve in the chart below.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th><strong>Auto Approve Borrower Eligibility Requirements<\/strong><\/th><th><\/th><\/tr><\/thead><tbody><tr><td>Minimum Credit Score<\/td><td>600<\/td><\/tr><tr><td>Minimum Income<\/td><td>$1,500\/month<\/td><\/tr><tr><td>Minimum Loan Balance<\/td><td>$5,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"auto-approve-customer-reviews-and-ratings\">Auto Approve Customer Reviews And Ratings<\/h2>\n\n\n\n<p>Auto Approve is accredited and holds an A rating from the Better Business Bureau (BBB). The company also holds a 4.38 out of 5.0-star customer review score based on about 400 reviews. There have been 27 complaints filed against Auto Approve in the last three years, and all have been addressed and resolved by the company.<\/p>\n\n\n\n<p>Many customers are pleased to find lower financing rates for their car loans through the company. They praise Auto Approve\u2019s helpful staff members, who are able to walk customers through complicated terms and contracts. One customer wrote:<\/p>\n\n\n\n<p><em>\u201cFast, easy, efficient process getting my car loan refinanced. Saved me [money] by reducing my interest rate by 3%. Other lenders were only offering me a 1% rate reduction. I worked with Josh, who was exceedingly helpful and responsive, always taking the time to fully answer my questions along the way.\u201d<\/em><\/p>\n\n\n\n<p>\u2013 Rebecca F. via BBB<\/p>\n\n\n\n<p>Customer complaints typically involve confusion with contracts, with some customers having loans held up because of problems with their paperwork. In many cases, these issues seemed to be the result of a customer error, but Auto Approve made efforts to address the situation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"auto-approve-review-conclusion\">Auto Approve Review: Conclusion<\/h2>\n\n\n\n<p>We gave Auto Approve a rating of 4.5 out of 5.0 stars for their quick online application process and lack of fees. The company has a great reputation and overall customer reviews of their services are positive. However, before you jump into any auto loan deals, we recommend you search around and compare options.<\/p>\n\n\n<div class=\"three_ships_widget-wrapper loans_table_widget\" id=\"comparison_widget-block_c044f87fbbc7818820958239c72d066e\">\n    <div class=\"three_ships_widget-table\">\n        <div class=\"table-head\"><\/div>\n        <div class=\"table-body\">\n            <div class=\"table-column\">\n                <div class=\"content\">\n                    <div class=\"title\">\n                        <h4>Compare Auto Loan Rates<\/h4>\n                    <\/div>\n                    <div class=\"text\"><p>Compare which options fit your budget, credit score, and term length below. <\/p><\/div>\n                <\/div>\n                                    <div class=\"filters\">\n                                                <div class=\"field-group\">\n                            <div class=\"field\">\n                                <div class=\"label\">Loan Term<\/div>\n                                <div class=\"field-list\">\n                                    <span>All<\/span>\n                                    <ul>\n                                        <li data-value=\"*\" data-type=\"loan-term\" class=\"active\">All<\/li>\n                                                                                    <li data-value=\"48-84\" data-type=\"loan-term\">48 to 84 months<\/li>\n                                                                                    <li data-value=\"36-72\" data-type=\"loan-term\">36 to 72 months<\/li>\n                                                                                    <li data-value=\"24-84\" data-type=\"loan-term\">24 to 84 months<\/li>\n                                                                            <\/ul>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                                <div class=\"field-group\">\n                            <div class=\"field\">\n                                <div class=\"label\">Min. Credit Score<\/div>\n                                <div class=\"field-list\">\n                                    <span>All<\/span>\n                                    <ul>\n                                        <li data-value=\"*\" data-type=\"credit-score\" class=\"active\">All<\/li>\n                                                                                    <li data-value=\"500\" data-type=\"credit-score\">500<\/li>\n                                                                                    <li data-value=\"510\" data-type=\"credit-score\">510<\/li>\n                                                                                    <li data-value=\"550\" data-type=\"credit-score\">550<\/li>\n                                                                                    <li data-value=\"575\" data-type=\"credit-score\">575<\/li>\n                                                                            <\/ul>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <\/div>\n                                    <div class=\"table-wrapper\">\n                    <div class=\"brands\">\n                                                <div class=\"brands-head\">\n                            <div class=\"head-row\">\n                                                                <div class=\"th brand\">\n                                    <div class=\"head\">Brand<\/div>\n                                <\/div>\n                                \n                                                                <div class=\"th min-cred-score\">\n                                    <div class=\"head\">Min Cred Score<\/div>\n                                <\/div>\n                                                                <div class=\"th min-rate-term\">\n                                    <div class=\"head\">Min Rate Term<\/div>\n                                <\/div>\n                                                                <div class=\"th min-apr\">\n                                    <div class=\"head\">Min APR*<\/div>\n                                <\/div>\n                                                                <div class=\"th features\">\n                                    <div class=\"head\">Features<\/div>\n                                <\/div>\n                                                                <div class=\"th links\">\n                                    <div class=\"head\">Links<\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                                <div class=\"brands-rows\">\n                                                    <div class=\"brand-row\" data-loan-type=\"0\" data-loan-term=\"48-84\" data-credit-score=\"550\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>Refinance Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/www.refijet.com\/vip\/3-ships-blog\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2022\/11\/RefiJet.png\" alt=\"RefiJet\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">550<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">48 to 84 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">5.29%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>Average monthly savings of $150<\/li>\n                                                                                    <li>Work with personal loan concierge to compare options<\/li>\n                                                                                    <li>A+ BBB Rating<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/www.refijet.com\/vip\/3-ships-blog\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                        <div class=\"brand-row\" data-loan-type=\"2\" data-loan-term=\"36-72\" data-credit-score=\"500\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>Used Car Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/www.autocreditexpress.com\/apply\/lpgs\/cb0516_a\/?affid=ap005201&amp;subid=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2022\/04\/ace.png\" alt=\"ace\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">500<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">36 to 72 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">3.99%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>Great for customers with limited\/no credit<\/li>\n                                                                                    <li>Offers special military rates<\/li>\n                                                                                    <li>A+ BBB rating<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/www.autocreditexpress.com\/apply\/lpgs\/cb0516_a\/?affid=ap005201&amp;subid=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                        <div class=\"brand-row\" data-loan-type=\"1\" data-loan-term=\"24-84\" data-credit-score=\"575\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>New Car Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/www.myautoloan.com\/partner\/three-ships.html?utm_distil=threeships&#038;source=threeships&#038;site=MAL&#038;type=new&#038;term=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2022\/04\/myautoloan.png\" alt=\"myautoloan\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">575<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">24 to 84 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">4.75%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>Below-average credit scores<\/li>\n                                                                                    <li>Great interest rates<\/li>\n                                                                                    <li>Smooth and easy online experience<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/www.myautoloan.com\/partner\/three-ships.html?utm_distil=threeships&#038;source=threeships&#038;site=MAL&#038;type=new&#038;term=auto-approve-amb\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                        <div class=\"brand-row\" data-loan-type=\"0\" data-loan-term=\"24-84\" data-credit-score=\"510\">\n                                <div class=\"td brand\">\n                                                                        <div class=\"logo\">\n                                                                                    <h6>Refinance Loan<\/h6>\n                                        <a data-segment-action=\"click\" href=\"https:\/\/upstart-auto-loans.sjv.io\/c\/2784191\/1010480\/13251?subId1=auto-approve\" target=\"_blank\" rel=\"noopener sponsored nofollow\">                                        <img decoding=\"async\" src=\"https:\/\/www.automoblog.com\/wp-content\/uploads\/2023\/08\/upstart-logo.png\" alt=\"upstart logo\">\n                                        <\/a>                                    <\/div>\n                                                                    <\/div>\n                                                                    <div class=\"td min-cred-score\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Cred Score                                            <\/div>\n                                            <div class=\"value\">510<\/div>\n                                        <\/div>\n                                    <\/div>\n                                     \n                                    <div class=\"td min-rate-term\">\n                                                                                <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> Rate Term  \n                                            <\/div>\n                                            <div class=\"value\">24 to 84 months<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                        <div class=\"td min-apr\">\n                                        <div class=\"cell\">\n                                            <div class=\"label\">\n                                                Min <br class=\"d-hide\"> APR* \n                                            <\/div>\n                                            <div class=\"value\">5.61%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"td features\">\n                                                                        <div class=\"text\">\n                                        <ul>\n                                                                                    <li>No application fee<\/li>\n                                                                                    <li>Lending platform that partners with banks<\/li>\n                                                                                    <li>Approval and loan terms based on many variables, including education and employment<\/li>\n                                                                                <\/ul>\n                                    <\/div>\n                                                                    <\/div>\n                                <div class=\"td links\">\n                                    <div style=\"display: block;height: 10px; width: 10px;\">&nbsp;<\/div>\n                                                                        <a data-segment-action=\"click\" class=\"btn btn-primary small\" href=\"https:\/\/upstart-auto-loans.sjv.io\/c\/2784191\/1010480\/13251?subId1=auto-approve\" target=\"_blank\" rel=\"noopener sponsored nofollow\">See Rates<\/a>\n                                                                    <\/div>\n                            <\/div>\n                                                    <\/div>\n                    <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"table-footer\">\n            <p>*All APR figures last updated on 3\/2\/2023 &#8211; please check partner sites for latest details. Your rate may vary based on credit score, credit history, and loan term.<\/p>        <\/div>\n    <\/div>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\">Auto Approve: FAQ<\/h3>\n\n\n\n<p>Below are some frequently asked questions and answers about Auto Approve:<\/p>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1670012054012\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Is Auto Approve legit?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, Auto Approve is a legitimate auto loan refinance company. It holds an A rating with accreditation from the BBB and has a 4.38-star rating from customers. Auto Approve has been in business for over 40 years.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1670012072425\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Does Auto Approve charge a fee?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Auto Approve does not charge an application fee. However, there may be other fees, such as a loan origination fee or title transfer fee, that are included in the final balance of the loan. You don\u2019t have to pay for these out of pocket.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1670012091385\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How long is auto loan approval?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can be approved to refinance your loan with Auto Approve within hours of submitting the application (during the business day). The process is completely electronic, which means you can refinance your auto loan on the same day.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Affiliate Disclosure: Automoblog and its partners may earn a commission if you get an auto loan through the lenders outlined below. These commissions come to us at no additional cost to you. Our research team has carefully vetted dozens of auto lenders. See our Privacy Policy to learn more.&nbsp; Auto Approve offers low-interest auto loan refinancing. If you want to save money on your monthly car payments or if your credit score has recently increased, it may be a good [&hellip;]<\/p>\n","protected":false},"author":174,"featured_media":374097,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[43035,58049],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/reviews\/410166"}],"collection":[{"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/reviews"}],"about":[{"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/types\/reviews"}],"author":[{"embeddable":true,"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/users\/174"}],"replies":[{"embeddable":true,"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/comments?post=410166"}],"version-history":[{"count":0,"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/reviews\/410166\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/media\/374097"}],"wp:attachment":[{"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/media?parent=410166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/categories?post=410166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.automoblog.com\/wp-json\/wp\/v2\/tags?post=410166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}