Fill out one form to get competitive offers from multiple lenders, including banks and credit unions.
Their core focus is helping you find a better deal on your existing auto loan.
Apply in minutes from home and e-sign your documents without visiting a branch.
Their diverse lender network provides solutions for a wide range of credit situations.
-
How AUTOPAY Works: Your Loan Marketplace+
AUTOPAY is not a direct lender; it’s a marketplace that does the heavy lifting for you. You fill out our single, secure online application, and we connect you with AUTOPAY network of pre-screened lenders. These lenders then provide competitive offers based on your profile. This process saves you the time and hassle of applying to multiple banks and credit unions individually.
-
Specialize in Savings: Refinance Your Auto Loan+
This is where AUTOPAY shines. U.S. consumers with an existing auto loan can use our platform to find a better deal. By refinancing, you could lower your interest rate (APR) if your credit has improved or rates have dropped, which can significantly reduce your monthly payment.
-
Financing for Your Next Purchase: New & Used Cars+
While we specialize in refinancing, AUTOPAY also helps U.S. car buyers secure financing for new and used vehicles from dealers. By getting pre-approved through our network, you can shop with the confidence of knowing your financing is arranged.
-
Flexible Solutions: Lease Buyouts & Cash-Out Refinancing+
AutoPay marketplace facilitates financing for more complex situations. It can help you secure a lease buyout loan to purchase the car you love at the end of your lease.
Top Auto Loan Refinance Tools in the U.S.
- AutoPay Auto Refinance Calculator: This user-friendly tool helps you quickly estimate how much you could save by refinancing your car loan. It’s intuitive, doesn’t require sensitive personal data, and gives you real-time insights.
- LendingTree Auto Refinance: A marketplace-style platform that pulls real offers from multiple lenders. A great option for those wanting to compare real-time rates across the board.
- Capital One Auto Refinance: Offers pre-qualification with no credit impact, and gives a clean, mobile-optimized process that fits the needs of busy borrowers.
- myAutoLoan.com: Lets users compare up to four refinancing offers at once. Their fast quote system is especially helpful for borrowers with all types of credit.
- LightStream Auto Refinance (by Truist): A good fit for high-credit borrowers, LightStream offers unsecured auto refinancing with same-day funding in some cases.
Traditional Bank Refinancing
Banks like Bank of America and U.S. Bank continue to be trusted sources for auto refinancing. These institutions typically offer solid interest rates, established support systems, and online account management. However, their eligibility requirements can be strict, and the process may take longer. If you already bank with them, though, you might qualify for loyalty perks or simplified underwriting.
AutoPay Auto Refinance Calculator
AutoPay’s refinance calculator is a straightforward online tool that helps you project new loan payments and interest savings in seconds. You simply plug in your current loan balance, remaining term, monthly payment, estimated credit standing, and the kind of refinancing term you want. Instantly, the tool estimates your potential new rate and shows how much lower your payments could be. It even displays potential savings over time, allowing you to explore scenarios without affecting your credit score.
Online Lending Platforms
Sites like LendingTree, RateGenius, and myAutoLoan provide side-by-side comparisons of multiple refinance offers from a variety of lenders. These services often allow you to submit a single application and receive multiple pre-qualified offers in minutes. This can be a major time-saver and help you find the most competitive rate for your credit profile and vehicle type.
Unsecured Personal Loans
While not designed specifically for vehicle refinancing, personal loans can be used to pay off an auto loan, especially when traditional refinancing isn’t an option. Since they’re unsecured, you don’t risk losing your vehicle if you fall behind, but rates are typically higher—especially if your credit is average or rebuilding. Still, they offer flexibility for older vehicles or non-traditional purchases.
Buy Here Pay Here Dealerships (Avoid for Refinancing)
Though these dealerships offer in-house financing to help buyers with bad credit, they generally don’t offer refinancing options. And even if they do, terms tend to be harsh—think sky-high interest rates and rigid payment plans. For refinancing, consumers should instead seek out reputable lenders or credit unions that offer better rates and consumer protections.
How Auto Loans Impact Your Finances and Credit Score in the US
Refinancing your auto loan can directly impact your FICO score and broader financial health. Making on-time payments boosts your credit history and strengthens your profile for future borrowing—including mortgages and personal loans. On the flip side, late or missed payments can drag your score down. Your new loan also affects your debt-to-income (DTI) ratio, which influences your ability to qualify for major purchases.
The good news? When you shop around for auto refinance rates, multiple inquiries within a short window (typically 14–45 days) are treated as one by credit scoring models. Tools like AutoPay’s calculator help you plan smartly before applying—reducing risk and setting you up for success. Always read the fine print, compare rates, and manage your payments responsibly to stay on track.
You will stay on our website.
