RefiJet Review 2026: Is It the Best Way to Refinance Your Car Loan?

How RefiJet Works

RefiJet does not lend money itself. It’s a matchmaking service that sits between you and its network of banks, credit unions, and finance companies. RefiJet is an auto refinance company that helps match people with refinance loan options that could meet their needs, and it isn’t a lender itself — instead, it partners with a network of lenders that include banks, financial institutions and credit unions.

The application isn’t a one-click online process. The application process is straightforward, though it’s not entirely online: once you complete a short online application, RefiJet performs a soft credit inquiry, so checking your options won’t impact your credit score, and an assigned financial services representative will reach out to review your current auto loan and discuss your refinancing goals. During your call, your representative will pull up multiple offers from lending partners, and once you choose an offer, your lender will perform a hard credit pull to finalize your loan.

Vehicle and Borrower Requirements

You can only refinance loans for cars 10 years old or newer. Some coverage also cites a mileage cap. The service is available for vehicles that are 10 years old or newer and have less than 150,000 miles. Credit requirements vary by source: you only need a minimum credit score of 500 to qualify according to U.S. News, though other reviewers cite a higher bar. RefiJet specializes in applicants with credit scores of at least 580, and it adheres to industry-standard requirements related to income.

Who RefiJet Is Best For

RefiJet fits a specific type of borrower better than others. An auto refinance loan through RefiJet may be worth considering if this is your first auto refinance and you want someone to walk you through the loan process, or if you want the ability to apply for prequalification and potentially get multiple loan offers in one place, especially if you have less-than-perfect credit.

It’s also a reasonable fit if you have a life event pushing your budget. RefiJet positions itself for people whose budget can’t go as far as it used to, saying a refinance is often all a satisfied client needs to get financial relief.

It’s a weaker fit if you want a purely digital, no-phone-call experience, or if your car is older than 10 years, since RefiJet’s network won’t refinance it. It’s also a weaker fit if you have excellent credit and want the absolute lowest fee structure — a credit union or a lender with no origination fee will likely beat RefiJet on total cost, even if RefiJet’s rate quote looks competitive.

RefiJet Standout Features

A Dedicated Financial Services Representative

Unlike some rate-comparison sites that hand you straight to a lender, RefiJet assigns a named point of contact. Borrowers have direct contact with a RefiJet representative throughout the loan process, which is not the case with all aggregators. RefiJet stands out for presenting pre-qualified offers from more than one lender, whereas some aggregators show only one offer, and it differs in its process of assigning borrowers to a company financial services representative, as opposed to immediately passing borrowers to the lender.

Three-Month Payment Deferral

A concrete perk that shows up across multiple independent reviews is a payment holiday at the start of the new loan. You don’t make payments during the first three months of your loan.

Add-On Products: GAP and Extended Service Contracts

RefiJet bundles optional protection products into some refinance packages. Guaranteed asset protection, which covers the difference between your loan balance and vehicle’s value if it’s stolen or totaled in an accident, is one of the add-ons offered alongside the refinance. These are optional, but they add to the fees you’ll be quoted on the phone, so ask specifically which parts of any quote are the loan itself versus an add-on.

Network Size and Lease Buyouts

RefiJet partners with a network of about 50 lenders to provide auto loan refinancing and car lease buyout loans. That’s a wider net than many single-lender comparison tools, and it extends to lease buyouts and other vehicle types. Along with cars, RefiJet covers several other vehicle types, including trucks, motorcycles and recreational vehicles.

RefiJet Pros and Cons

Is RefiJet Legit?

Yes, RefiJet is a real, operating company rather than a scam front. Founded in 2016 and headquartered in Denver, RefiJet offers refinancing loans to consumers with all kinds of credit profiles. It legally operates under a parent entity: the BBB lists the business as Yield Solutions Group LLC dba Refijet, with a BBB File Opened date of 8/4/2016 and Business Started date of 6/22/2015.

Its accreditation record is strong. RefiJet is a BBB Accredited Business with an A+ Rating. It has also been externally recognized: RefiJet, which holds a BBB A+ Rating, earned its place as a finalist for the Torch Awards in the BBB Great West + Pacific region as one of only five Central Colorado businesses included in the “Large Business of the Year” category.

Independent review platforms back this up with volume, not just a single score. RefiJet is a legitimate company that partners with auto lenders to offer auto refinancing loans with low rates, and LendingTree users who work with RefiJet give it a 98% satisfaction rating. That said, legitimacy doesn’t mean complaint-free — some negative feedback centers on the mechanics of loan payoff rather than fraud, so read the cost and rating sections below before signing anything.

RefiJet BestGuide Rating

We weighted RefiJet’s rating on customer service consistency, transparency of fees relative to competitors, ease of getting through the process, and the volume and tone of independent reviews across Trustpilot, ConsumerAffairs, and the BBB.

On customer service, the volume of named-representative praise is unusually consistent across platforms. Trustpilot shows 4.8/5 from 643+ reviews, with praise centering on named reps, clear guidance, and fast outcomes. On value, the picture is more mixed: rates can run high for weaker credit, and the origination fee adds real cost. Typical rates range from 5.29% to a maximum rate of 21.99%, depending on the borrower’s creditworthiness and other factors.

On ease of use, the phone-based structure is a deliberate trade-off — helpful if you want a human to walk you through paperwork, less convenient if you’d rather self-serve entirely online.

RefiJet Cost: What You Should Expect to Pay

RefiJet’s own quote tool is free to use, and prequalifying doesn’t cost you anything or affect your credit score. The costs show up once you accept a lender’s offer.

Origination Fee

Sources differ slightly on the exact ceiling, but agree there’s a meaningful upfront cost baked into the loan. Borrowers pay an origination fee of up to $695. A separate review put the figure lower: according to external sources, RefiJet charges an origination fee of up to $495, a one-time cost covering loan processing expenses that is typically added to the total loan amount. Confirm the exact figure on your specific offer before signing, since it’s rolled into your loan balance rather than billed separately.

Interest Rates

With interest rates starting at 2.49% and flexible loan terms, RefiJet ensures a comprehensive refinancing experience. On automatic payments, coverage is inconsistent: more than half of lenders offer an APR discount of up to .25% for automatic payments, though rates shown don’t reflect any discounts.

Potential Savings

Industry-wide savings figures give a useful benchmark, even though RefiJet doesn’t publish its own aggregate number. People who refinance their auto loans save $1,346 on average overall. On a per-payment basis, RefiJet’s own site cites a narrower but still real figure: many drivers lower their monthly payments by $50 to $150 or more depending on their current interest rate, loan balance, and refinanced loan term.

Final Verdict: RefiJet Review

RefiJet does what it says: it puts you in front of multiple lenders through one soft-pull application, assigns you a named person to walk you through the paperwork, and — for many borrowers — knocks a meaningful amount off a monthly car payment. The customer service reputation is well documented across three separate independent platforms, not just RefiJet’s own marketing page, which is a good sign for a lead-generation business in this space.

The trade-offs are real, though: you can’t skip the phone call, the origination fee adds several hundred dollars to your loan balance, and a handful of reviewers describe slow payoff processing on their old loan. If you have strong credit and want a $0-fee refinance done entirely online, get a quote from a credit union first and use RefiJet as a second opinion. If you have average or below-average credit and want someone to walk you through the options, RefiJet is a reasonable place to start — just read your final offer line by line before you sign.

Frequently Asked Questions About RefiJet

Is RefiJet a direct lender?

RefiJet is an auto loan refinancing company, but the company itself is not a direct lender — instead, RefiJet works with a network of lenders to help customers find their best option.

Does checking my rate with RefiJet hurt my credit score?

You can prequalify for refinancing with a soft pull that won’t damage your credit. A hard credit check only happens once you select a specific lender offer to finalize.

What credit score do I need?

Sources vary on the exact floor. U.S. News reports you only need a minimum credit score of 500 to qualify, while another review cites a higher bar of 580.

How old can my car be to refinance with RefiJet?

You can only refinance loans for cars 10 years old or newer.

Can I do the whole process online?

No. Borrowers can’t apply entirely online — a phone conversation with a financial services representative is required before you finalize an offer.

Does RefiJet charge fees?

Yes. Reports place the origination fee ceiling between $495 and $695, added to your total loan balance rather than billed upfront.

Do I make a payment right away on my new loan?

If approved for a RefiJet refinancing loan, you don’t have to make payments for the first three months.