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About Auto Approve
Auto Approve is another good marketplace choice you can use to refinance your auto loan. Their legal name is Auto Approve LLC. They tote a better way to refinance your automobile with less paperwork, less time, and lower payments with savings quotes in minutes.

Lender Type
Marketplace
Interest Rate
2.25%***
Auto Approve's interest rates start at 2.25%***. Exact conditions resulting in rates vary based on credit and vehicle. See application for details.
Credit Score
580+
Auto Approve can help you refinance your car if you have a credit score of 580 or higher.
When Applying
Pre-approval available. No SSN to see offers. Cash back refinancing opportunities.
Qualifying with Auto Approve
Plan Ahead to Successfully Refinance
Set Yourself up for success with Auto Approve. Here is how you can get started for refinancing qualification.
Qualifying Credit Score
Check your credit bracket to see if you have a score of at least 580. If you have a lower score, you may not qualify to work with Auto Approve.
Collect Refi Docs
Get your refinancing docs in order so you have everything ready to go when applying. This includes your income, vehicle docs, ID, and loan information.
Savings Comparison
Calculate your refinance savings. Knowing your baseline numbers will help you see how much Auto Approve will help your monthly car payments.
TrustPilot Reviews
See what Auto Approve's customers have to say on Trustpilot

Auto Approve was founded in 2016 and based in Brooklyn Park, Minnesota. Presently, they offer auto refinancing in all 50 states along with other products like lease purchasing and motorcycling refinancing. The state offerings vary by lender within the marketplace and customers may be offered comparable offers from multiple banks and credit unions.
The company can help you if you are paying too much on your car payments and help you put your hard earned money back in your pocket. They can also help you out of a vehicle lease and into vehicle ownership with their auto lease buyback program. Other refinance offerings include loans for motorcycles, RVs, and boats along with vehicle protection plans.
The Auto Approve lender marketplace provides a platform for you to find a better car loan deal. Like Caribou, they work with credit unions and banks who provide lending for your state and geographical area. Simply make an application using their platform, and you can see and compare multiple refinance rates by term and APR.
The Auto Approve Refinance Application Process
The Auto Approve refinance application process starts on their web portal. You can start your quote by entering your personal information along with your estimated credit score. Add your employment information as well as your car info. This will send your initial application into their system and start the wheels turning.
Your application will be assigned to an Auto Approve Loan Consultant (similar to a loan officer) who will manage your submission and help you through the process. Their consultants usually have backgrounds in the auto industry with decades of auto refinance expertise. They help you complete your application and prep it for submission to lenders.
You can submit your application for approval once you find and select a suitable refinance loan offering. At this point, a hard credit check is performed to check your credit history before refinancing offers are extended to you. This type of credit inquiry can slightly affect your credit score by around five points according to MyFICO.
Lender-approved refinance offers are valid for up to 30 days. They are locked in so you can make sure refinancing your car is the right choice before taking the leap to funding. When you are ready, your loan consultant will help you complete the funding process and sign documents as the final steps. You are finally ready to begin your new refinance loan payments. Auto Approve FAQs state they handle your information safely and securely with security software.
Auto Approve BBB Reviews
Trusted by Hundreds of People for Car Refinancing
4.5
Over 340 Reviews
Better Business Bureau
See Company Profile
"Richard was very helpful along the way and communicated everything that needed to be done. He got me a lower rate and was there to answer any questions. Definitely recommend if you're looking to refinance."
"Dustin was so helpful during my loan process, whenever I had a question about something he got back to me quickly. He definitely made the process easy and smooth leaving me with no worries! Thank you again Dustin!"
"It was so easy working with this company the the consultant Randi was especially helpful in walking me through the process and it went really quickly so fast in fact I was truly amazed & happy I would recommend Auto-approve to everyone."
"AutoApprove is a real business! They find me a bank approve to refinance my truck for 2.99% vs my old one 5.99%. Lower interest rate save me at least 10 months payments! It may take from approval to funding but it is normal. Once you signed DocSign electronic and approved from bank, then it is done. Wait for bank to process paper and send check to psy off your loan. Charlie"
Car Loan Interest Rates with Auto Approve
Auto Approve’s advertised car loan interest rates start at 2.25%*** APR. This headline rate is based on their terms example of a 2019 or newer car with a 730 or higher FICO credit score (prime or super prime bracket) paired with a auto refinance term of 72 months or longer. Your actual loan offers and approval may vary and are based on your individual information, vehicle qualification, credit score, and other loan factors.
Middle of the Road Lenders
Why Choose Auto Approve?
Auto Approve may be a great choice to refinance your car if your credit score falls in the upper 500 range and you are looking to refinance your car, truck, SUV, RV, ATV, or boat. They offer loan options for multiple vehicle types with their dedicated team helping you along the way which can save you time and money.
Serving All 50 States
Auto Approve offers refinancing to driver's in all 50 states. Find the loan option that is right for you from Alaska to Florida.
Loan Offers Valid for 30 Days
Need more time to think about refinancing your car? No problem! With Auto Approve, offers are valid for 30 days.
Free Quotes with Fee on Finalization
Only pay when you want to finalize your refinanced loan. Getting a quote is easy and free. Start your journey now.
Auto Approve Fees and Things to Know
Auto Approve does not charge a car loan refinance application fee. Quotes are provided free of charge. There may be charges during the refinancing process related to administrative fees, title transfer fees, and state fees associated with your location or geographical region. Adding additional products to your refinanced loan can incur fees as well if you choose to add additional products like GAP (coverage or insurance), extended warranties, or service plans.
Highlights
***2.25% interest rate is based on Auto Approve's qualified example of a customer with a credit score of 730 or higher combined with refinancing a 2019 or newer vehicle over a term of 72 months or longer. Actual interest rates may vary.