2025 RateGenius Auto Refinance Review
Best for borrowers with less-than-perfect credit: If you’re struggling to get approved for auto loan refinancing, RateGenius may be worth checking out. It has a minimum credit score of 580 and partners with more than 150 lenders.
RateGenius auto refinance review at a glance
| Starting annual percentage rate (APR) | Loan terms | Loan amounts | Fees Fee information in this review reflects what the lender publicly discloses on its website or to LendingTree directly, and doesn’t necessarily cover all fees that exist. Other fees may apply. “Not specified” means the lender has not provided fee details to us and/or doesn’t publish its fees. | Minimum credit score | ||
|---|---|---|---|---|---|---|
| Refinance auto loans | 4.66% | 24 – 96 months | $10,000 – $150,000 | Documentation fee: Up to $450 | 580 |
RateGenius pros and cons
Pros
- Customer service is available by text
- Submits your application to the lender of your choice on your behalf
- One application give you access to 150+ lenders
- Recommended by 90% of LendingTree users who have used RateGenius to refinance
Cons
- May need to wait up to two days to find out if you’re approved
What you need to get an auto refinance loan with RateGenius
To qualify for a RateGenius auto refinance loan, you’ll need to be at least 18 years old and meet these requirements:
- Credit score: 580+
- Citizenship: Must be a U.S. citizen
- Administrative: Show proof of income and insurance
- Vehicle restrictions: Must be less than 10 years old, have fewer than 120,000 miles and be your personal vehicle
- Current loan qualifications: Have a balance between $10,000 to $55,000, is at least a month old and has at least 24 months of repayment left
Estimate your monthly payment
When banks compete, you win
Compare live offers from multiple lenders in minutes. LendingTree helps you see today’s real rates, choose your best match and save more without affecting your credit.
Tell us what you need
Take two minutes to tell us who you are and how much money you need for your vehicle — we’ll take care of the rest. It’s free, simple and secure.
Shop your offers
We’ll send you offers from up to five trusted lenders. Compare your offers side by side to see which one will save you the most money.
Get your money
It’s smooth sailing once you finalize your loan with your lender — you could see money in your account in as soon as 24 hours.
Is a RateGenius auto refinance loan right for you?
A RateGenius auto loan might be a good option if you’re trying to refinance your car loan with bad credit. With its large lender network, RateGenius boosts your chances of finding a refinance option that you qualify for and fits your budget. However, you may get higher interest rates as a result.
Reading RateGenius reviews is a good place to start your car refinance journey. Searching for RateGenius on the Consumer Financial Protection Bureau’s complaint database can also give you insight into its level of customer service.
Shop around for car insurance on the LendingTree marketplace to find affordable rates. Among consumers who switched providers, 92% said they saved money and nearly two-thirds saved at least $100 on their annual car insurance rate, according to our latest survey.
How RateGenius auto refinance loans compare
RateGenius, iLending and RefiJet are all lending platforms that specialize in auto refinancing. They all also accept fair or poor credit. Here’s how they stack up. Note that the rates below apply to auto refinancing only.
| RateGenius | iLending | RefiJet | |
|---|---|---|---|
| Starting APR | 4.66% | 5.49% | 4.49% |
| Loan terms | 24 – 96 months | 12 – 96 months | 24 – 96 months |
| Loan amounts | $10,000 – $150,000 | $5,000 – $150,000 | $5,000 – $150,000 |
| Fees Fee information in this review reflects what the lender publicly discloses on its website or to LendingTree directly, and doesn’t necessarily cover all fees that exist. Other fees may apply. “Not specified” means the lender has not provided fee details to us and/or doesn’t publish its fees. | Documentation fee: Up to $450 | Not specified | Not specified |
| Minimum credit score | 580 | 560 | 500 |
All three auto refinance lenders have competitive starting APRs and the same loan terms.
At 500, RefiJet has the lowest minimum credit score requirement. iLending’s minimum credit score is also lower than RateGenius’. iLending loans start at $5,000, compared with RateGenius’ $10,000.
Frequently asked questions
RateGenius requires a minimum credit score of 580. This offers flexibility for those with less-than-perfect credit, but could result in higher interest rates or less favorable loan terms, since lenders usually reserve their best rates and terms to those with high credit.
Yes, RateGenius is a legitimate company that partners with over 150 lenders and has funded more than 400,000 loans. It can help you find competitive rates and loan options, even if you have a lower credit score.
Yes, RateGenius performs a hard pull on your credit report, but only when you actually apply for refinancing. You can check your rates and eligibility by prequalifying on RateGenius’ website. This only takes a soft pull, so it won’t hurt your credit.
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