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Auto Refinance Analyzer Auto Refinance Review


ConsumersAdvocate.org Rating: 3.6 / 5 (Very good)
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Auto Loan Analyzer is a Colorado-based company that helps individuals interested in refinancing their auto loans find and compare new loan offers. The free service uses credit file data to allow users to compare new car loans against their existing loans to determine if refinancing is actually the most cost-efficient solution.

How is Auto Refinance Analyzer rated?

Breakdown

3.5/5
Loan Details
3.8/5
Customer Experience

Overall Rating: 3.6 / 5 (Very good)

Auto Loan Analyzer is a unique tool that helps consumers make informed choices about whether refinancing their existing auto loan is a smart move. The company's website is rather sparse and vague, but this is partially due to the fact that it doesn't actually do the lending. It partners with other lenders who actually give you the loan. This makes it difficult for Auto Loan Analyzer to give any concrete information about the loans themselves prior to the consumer submitting their personal details because terms can vary significantly depending on which lender you're working with. There's no cost to use Auto Loan Analyzer's tool and it won't hurt your credit score, so it's worth trying out if you're considering refinancing your vehicle.

Auto Loans & Refinancing

Loan Details - 3.5 / 5

Auto Loan Analyzer is specifically for those who are trying to refinance their existing auto loan. It asks for your Social Security Number so that it can access data on your existing loan so you can compare it side by side with new offers to see if refinancing makes sense for you. You can refinance auto loans up to $100,000 depending on the make of the car. Auto Loan Analyzer doesn't specify a minimum loan amount, term length or APR, presumably because these vary depending on which lender you work with.

Types of Loans Offered

Purchase Loans
Refinance Loans
Lease Buyout
Private Party Purchase

Loan Refinancing

Max Loan Amount
$100,000

Loan Qualifications

Qualification - 3.5 / 5

Because Auto Loan Analyzer works with a variety of lenders, qualification requirements are minimal. Once you input your information, Auto Loan Analyzer will send this data out to its partner lenders and they will return offers. But you'll have to actually submit an application with these lenders to find out if you're approved.

Borrower Qualifications

Minimum Age
Must be 18 or older
Minimum Income
No Minimum
Minimum Credit Score
No Minimum
US Citizenship Requirement
No
Verification / Documents Required
Social Security Number

Vehicle Qualifications

Mileage Limit
No Limit
Car Age
Last 12 Years
Car Makes
Any Vehicle Make

Application & Service

Customer Experience - 3.8 / 5

Auto Loan Analyzer can connect you with lenders willing to refinance your car loan in three minutes or less. You simply fill out its online tool and give your Social Security Number so the company can access data on your existing loan. Then, you compare it side by side with new offers. Auto Loan Analyzer is a completely free service, but your new lender may charge you application or other fees once you sign up. Funding time and account benefits will also vary depending on which lender you end up working with.
Approval Time
Same Day
Funding Time
1-7 Days
Fees
None For Auto Loan Analyzer
Benefits/ Features
Online Rates / Application
Pre-approval Soft-credit Inquiry

Auto Refinance Analyzer Reputation & Reviews

Reputation - 4 / 5

Auto Loan Analyzer is a relatively new company, so there isn't a lot of information about it online. The Better Business Bureau and TrustPilot don't have any ratings for the company, but this shouldn't concern most people because the lenders Auto Loan Analyzer works with are well-established companies. Auto Loan Analyzer simply acts as an intermediary between consumers and lenders to help consumers find their best deals quickly. They do not actually lend money to consumers directly.

Contact & Additional Information

Lender Type
Marketplace
Homepage URL
Company Phone
(970) 426-0244
Headquarters Address
835 Main Ave., Ste. 205, Durango, CO, 81301

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