Capital One Auto Refi
- Those who need to refinance an auto loan should seek Citi for help
- Citi offers refi rates as low as 3.39% (actual terms may be different and vary based on loan amount, APR and term)
- Check a refi rate will have no impact on the users credit score
CapitalOne.com/autorefi is operated by Capital Onw who will use third party information to enhance the customers auto refinancing experience through the Vehicle Identification Number (VIN) auto-fill feature. User will have to file a short refi application, select the offer that they want and then complete the credit application in order to obtain a auto refi. User will be asked to finalize the Capital One auto refi process by providing their VIN, E-Sign the contract, enter current lender details, and if needed, send in any supporting documents by fax or mail. CapitalOne.com/AutoRefi will ask the user to input their current loan payoff amount (i.e. balance remaining), remaining terms in months, and the APR associated with the loan. Customers who have used the Capital one auto refi program give the program a 4.8 out of 5 star rating based on more than 4300 customer reviews.
CapitalOne.com/AutoRefi Notes
- VIN stands for Vehicle Identification Number
- Applicants MUST be good standing on their auto loan payments in order to qualify for refinancing through Capital One
- Must be 18 years of age or older in order to submit a refi application and PO Boxes are not allowed
- In most cases a minimum monthly income requirement of $1,500 to $1,800 will apply (unless they person has millions of dollars in savings)
- Pre-qualification does not guarantee that the applicant will receive financing or any particular financing terms
- Capital One reserves the right to modify or terminate their auto refi program at any time for any reason
Any questions in regards to CapitalOne.com/AutoRefi can be directed to a customer service agent at 1.888.263.4582 from MON-FRI 9 AM – 9 PM ET and SAT 10 AM – 7 PM ET (the Capital One call center is closed on Sunday)