RefiJet Pros & Cons
Pros
- Strong focus on auto loan refinancing
- Works with multiple participating lenders
- Personalized support from a financial services representative
- Initial review may use a soft credit pull
- No fee to apply
- Can help borrowers lower monthly payments, reduce APR, change loan terms, or access cash from vehicle equity
- Supports lease buyout financing
- Can help with title work and previous loan payoff
- Secure document upload portal available
- Offers optional products such as GAP and extended service contracts
- BBB accredited with an A+ rating
- Strong Trustpilot review presence
Cons
- RefiJet is not the lender funding the loan
- Final approval, APR, fees, and terms depend on the participating lender
- A hard credit inquiry may occur if the borrower moves forward with a formal lender application
- Best suited for refinancing, not standard new or used car purchase loans
- Vehicle age, mileage, insurance, income, and payment history requirements may apply
- Optional products such as GAP or extended service contracts may increase the financed amount
- Some refinance fees may apply, such as title, registration, state, or lender-related fees
- Processing time may depend on lender review, document completion, payoff timing, and state title requirements
RefiJet at a Glance
Suggested editorial score: 8.7/10
Auto Refinance Experience — 9.2/10
RefiJet is highly focused on refinancing. It is built for borrowers who want to replace an existing auto loan with a new loan that may better fit their current financial situation.
Advisor Support — 9.1/10
RefiJet stands out for its guided process. Borrowers work with a financial services representative who gathers information, explains available options, assists with documents, and helps coordinate the refinance process.
Online Experience — 8.6/10
The platform allows borrowers to begin online, upload documents through a secure portal, and review refinance options. The process is digital, but it also includes phone-based support from a representative.
Loan Variety — 8.1/10
RefiJet mainly focuses on auto refinancing and lease buyout loans. It may also support motorcycles and some recreational vehicles, but it is not as broad as marketplaces that cover new purchase loans, used purchase loans, private-party loans, refinancing, and lease buyouts all in one place.
Transparency — 8.2/10
RefiJet explains that it is not the lender and that final rates and terms come from participating lenders. However, borrowers need to go through the quote or application process to see personalized loan options.
Customer Reputation — 8.8/10
RefiJet has a strong online reputation, including BBB accreditation and an A+ rating. Trustpilot also lists RefiJet with more than 1,100 customer reviews and describes the company as an auto-refinance provider offering personalized support through a national lender network.
Overview
RefiJet is designed for borrowers who already have vehicle financing and want to see whether a new loan could improve their situation. The platform helps borrowers evaluate refinance options from multiple lenders instead of applying separately with each bank, credit union, or finance company.
The company’s process is more hands-on than a simple online comparison tool. RefiJet says each borrower works with a financial services representative who helps gather application information, understand refinance goals, explain available options, and guide the borrower through documents and next steps.
This advisor-supported model can be useful because auto refinancing often involves more than just comparing APRs. Borrowers may need to coordinate payoff with their current lender, update title documents, provide proof of insurance, confirm vehicle details, and sign new loan documents. RefiJet says it helps handle title updates, previous loan payoff, and connection to the new lender once documents are completed.
RefiJet is especially useful for borrowers who want to lower their monthly payment, reduce their interest rate, extend or shorten their loan term, access cash from vehicle equity, or add or remove a co-borrower from an existing loan.
Who Is RefiJet Best For?
RefiJet is best for borrowers who already have a car loan and want to explore refinancing with guided support. It may be a strong fit for people who believe their credit has improved, accepted a high original APR, want to lower their monthly payment, or want to restructure their loan after a financial or personal change.
It may also be a good fit for borrowers who want help navigating the refinance process. RefiJet’s representative-led model can be useful for people who do not want to manage lender matching, paperwork, payoff authorization, title updates, and document submission alone.
RefiJet may also work well for drivers who want to buy out a lease. Lease buyouts can involve payoff pricing, lender approval, taxes, title work, and documentation. RefiJet offers lease buyout loans and says it can help borrowers compare options from multiple qualified lenders.
RefiJet may be less suitable for shoppers who need a loan to buy a new or used vehicle from a dealership or private seller. Its main focus is refinancing existing vehicle debt, not standard purchase financing.
It may also not be ideal for borrowers who want a fully self-service experience with no phone consultation, or for borrowers whose vehicles fall outside typical lender requirements for age, mileage, insurance, or payment history.
Key RefiJet Features
RefiJet’s main feature is auto refinance matching. Borrowers provide information about their current loan, vehicle, income, and refinance goals. RefiJet then evaluates available lender programs and helps identify options that may fit the borrower’s profile.
Another important feature is personalized consultant support. RefiJet says a financial services representative works with the borrower directly, gathers information, explains options, and remains available by phone, email, or text throughout the process.
RefiJet also provides a soft-pull starting point. The company states that its initial review uses a soft pull to evaluate credit, and its refinance page says pre-qualification typically involves a soft credit check. A hard inquiry may occur later if the borrower formally applies with a lender.
The platform can also support cash-out refinancing. This may allow qualified borrowers to access equity from their vehicle if they owe less than the vehicle is worth. Cash-out refinancing can be useful in some cases, but borrowers should compare the total cost carefully because it can increase the loan balance.
RefiJet also offers optional add-ons such as Guaranteed Asset Protection and Extended Service Contracts. GAP can help cover the difference between the insurance payout and loan balance if the vehicle is stolen or totaled, while an extended service contract can help cover certain repair costs. These products may be useful for some borrowers, but they can also increase the amount financed.
Application Process
The RefiJet application process can begin online or by phone. The company’s process is built around a financial services representative who helps gather the required information and explain the borrower’s available refinance options.
A typical process may look like this:
- Start online or call RefiJet to begin the refinance review.
- Provide information about your current loan, vehicle, income, insurance, and refinance goals.
- RefiJet performs an initial review and evaluates lender programs that may match your profile.
- A financial services representative explains available options, including potential loan structure and costs.
- If you choose an option, RefiJet submits your information to the selected participating lender with your permission.
- The lender reviews the application and makes the final credit decision.
- RefiJet prepares loan documents and provides them through a secure portal.
- You review and sign the required documents.
- RefiJet helps coordinate title updates, payoff of the previous loan, and connection with the new lender.
- Repayment begins with the lender that funds the new loan.
RefiJet says the lender may refine the loan structure during underwriting, and that RefiJet explains the lender’s decision, loan structure, and associated costs before the borrower decides whether to continue.
Borrowers may need to provide documents such as a driver’s license, registration, odometer photo, proof of insurance, proof of income, proof of residence, vehicle title, and other lender-specific documents. RefiJet states that required documents can vary based on the lender, credit history, income type, and whether someone is being added to or removed from the loan.
Loan Types and Terms
RefiJet mainly supports auto refinancing and lease buyout loans. It may also support refinancing for motorcycles and some recreational vehicles, depending on lender rules and the borrower’s vehicle. RefiJet’s FAQ states that personal, non-commercial vehicles generally need to be less than 10 years old and have 150,000 miles or less, and that the company can also refinance most motorcycles and recreational vehicles.
Auto refinancing is for borrowers who want to replace an existing auto loan with a new loan. The goal may be to lower the APR, reduce the monthly payment, change the loan term, remove or add a co-borrower, or access vehicle equity.
Lease buyout financing is for drivers who want to purchase their leased vehicle instead of returning it. RefiJet offers lease buyout loans and says most lenders do not require a down payment, though a down payment may reduce the amount financed or help with approval.
Motorcycle refinancing may be available for borrowers who want to refinance an existing motorcycle loan. RefiJet says it can typically refinance a motorcycle regardless of age or mileage, though actual approval and terms depend on lender review.
Because RefiJet is not a lender, final APRs, loan amounts, repayment terms, fees, and qualification requirements depend on the participating lender. RefiJet’s terms state that participating lenders establish credit approval standards and that final financing offers may differ from earlier estimates.
Borrowers should compare the APR, term length, monthly payment, total repayment cost, title fees, registration fees, lender fees, optional products, and whether the refinance actually improves their position. A lower monthly payment may help cash flow, but if it comes from extending the loan term significantly, the borrower could pay more interest over time.
Is RefiJet Safe?
RefiJet is an established auto refinance service operated by Yield Solutions Group, LLC. The BBB profile lists the business as accredited since August 31, 2016, with an A+ rating, and describes its products and services as auto refinance loans and lease buyouts.
RefiJet also provides a secure portal for document uploads. Its documents and eligibility page states that borrowers can upload documents through a secure portal during the refinance process.
Borrowers should understand that RefiJet works with participating lenders and is not the entity making the final credit decision. Its terms state that RefiJet does not make credit decisions, does not establish final rates or terms, and does not guarantee that using the service will result in a financing offer.
RefiJet’s privacy notice states that the company uses security measures that comply with federal law, including computer safeguards and secured files and buildings. It also explains that personal information may be collected from users, credit bureaus, affiliates, or other companies.
Overall, RefiJet appears to operate as a legitimate refinance marketplace and assistance platform. However, borrowers should still review all documents carefully, confirm the lender’s final terms, and make sure any optional products are clearly understood before signing.
Repayment Options
Repayment is handled by the lender that funds the new loan, not by RefiJet. Once the refinance or lease buyout is finalized, the borrower makes payments directly to the new lender according to the final loan agreement.
Before signing, borrowers should confirm the first payment due date, available payment methods, autopay options, late payment policies, prepayment rules, and payoff procedures. RefiJet says refinancing usually replaces the old loan with a new one, and the borrower then begins making payments to the new lender.
Borrowers should also continue making payments on the existing loan until the refinance is fully completed and the previous lender confirms payoff. During a refinance, payoff timing can matter. Missing a payment before the old loan is officially closed could damage the borrower’s credit.
For lease buyouts, borrowers should pay close attention to the buyout price, taxes, title fees, registration costs, lender fees, and any lease-end charges. These costs can affect whether buying the leased vehicle is actually a better financial choice than returning it or choosing another vehicle.
Customer Reviews and Reputation
RefiJet has a strong customer review presence. Trustpilot lists RefiJet as an auto-refinance company that provides personalized help and support to help consumers find the best auto refinance loan for which they qualify. Trustpilot also notes that RefiJet partners with a national network of financial institutions and delivers quick quotes at competitive rates.
The RefiJet reviews page shows an “Excellent” Trustpilot profile based on 1,115 reviews at the time reviewed. Positive customer feedback often mentions helpful representatives, clear communication, an easy refinance process, and potential monthly savings.
The BBB profile also supports RefiJet’s established reputation. BBB lists RefiJet as accredited with an A+ rating, notes that the business started in 2015, and identifies its services as auto refinance loans and lease buyouts.
Negative reviews for refinance platforms often involve communication delays, documentation issues, title timing, payoff concerns, or disappointment with final lender terms. These are common friction points in auto refinancing because several parties may be involved, including the refinance platform, new lender, previous lender, DMV or title office, insurance provider, and the borrower.
Overall, RefiJet has a positive reputation for a refinance-focused platform, especially for borrowers who value guided support. Still, users should be prepared for a document-heavy process and should respond quickly to requests in order to avoid delays.
Help and Support
RefiJet provides support by phone, email, and online contact form. The company lists 800-260-5355 as its main phone number. Its contact page also lists info@refijet.com, while its footer lists contact@refijet.com.
The BBB profile lists RefiJet’s operating hours as Monday through Friday from 7:00 a.m. to 7:00 p.m., Saturday from 8:00 a.m. to 2:00 p.m., and Sunday closed.
RefiJet’s support model is one of its key strengths. Borrowers are assigned a financial services representative, and RefiJet says customers have that representative’s direct contact information throughout the process.
Once the new loan is funded, questions about payments, payoff, account access, and loan servicing should go directly to the lender that funded the loan.
How RefiJet Compares
RefiJet
Best for borrowers who want guided auto refinancing or lease buyout financing. RefiJet combines lender matching with personalized consultant support, secure document upload, title coordination, and previous-loan payoff assistance.
Auto Approve
Best for borrowers who want a consultant-supported refinance or lease buyout process. Auto Approve and RefiJet are similar in that both focus heavily on refinancing and guided support. RefiJet may stand out for borrowers who want a hands-on financial services representative and help with title and payoff coordination.
Tresl
Best for borrowers who want advisor-supported auto refinance, lease buyout, or company car purchase financing. Tresl has a strong guided-service model, while RefiJet is more narrowly focused on refinance and lease buyout support.
myAutoloan
Best for borrowers who want to compare several auto loan offers across multiple loan types, including new purchase, used purchase, refinance, private-party, and lease buyout loans. myAutoloan is broader, while RefiJet is more specialized in refinance assistance.
Auto Credit Express
Best for borrowers with bad credit, no credit, bankruptcy, or previous loan rejections who need help finding a dealer or special finance partner. Auto Credit Express is more focused on car purchase financing for credit-challenged borrowers, while RefiJet is more focused on refinancing existing vehicle loans.
LendingTree
Best for borrowers who want a broad financial marketplace with many loan categories. LendingTree may be better for general comparison shopping, while RefiJet offers a more focused and guided refinance experience.
Banks and Credit Unions
Best for borrowers who want to work directly with the institution funding the loan. Banks and credit unions may offer strong rates, especially for existing members, but borrowers usually need to manage more of the comparison and documentation process themselves.
Overall, RefiJet’s biggest advantage is its refinance specialization and human support. Its main limitation is that it is not built for every auto financing need, especially standard new or used car purchases.
Final Verdict
RefiJet is a strong option for borrowers who want to refinance an existing auto loan or finance a lease buyout with help from a dedicated representative. Its guided process can be valuable for people who want to compare lender options without handling every step alone.
The platform is especially useful for borrowers who want to lower their monthly payment, reduce their APR, adjust their loan term, remove or add a co-borrower, or explore a cash-out refinance. It may also be useful for drivers who want help buying out their leased vehicle.
That said, RefiJet is not a lender. Final approval, APR, fees, loan term, repayment options, and servicing all depend on the participating lender that funds the loan. Borrowers should compare the new loan against their current loan and make sure the refinance provides real value after all costs are included.
Bottom line: RefiJet is worth considering if you want a refinance-focused platform with personalized support. It is best used by borrowers who already have a vehicle loan or lease and want help finding and completing a potentially better financing option.
Physical Address
RefiJet / Yield Solutions Group, LLC
7958 S Chester St., Suite 300
Centennial, CO 80112
United States
Phone: 800-260-5355
Email: info@refijet.com
Additional customer email listed by RefiJet: contact@refijet.com