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Auto Approve Review

Auto Approve is an online company that helps people to obtain refinancing on their existing auto loans in order to benefit from lower payments and interest rates. It has a very simple and fast application system that can get you the contract within that same day. You can also add a co-borrower and, apart from auto refinancing, obtain motorcycle refinancing and auto lease buyback. In this review, you will find out more details about Auto Approve, how it works, what it offers, and whether or not it is suitable for you.

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Who is it suitable for?

Auto Approve is perfect for people who want to move fast and get auto refinancing within the same day as the application. It is also a good option for those who are looking to obtain better rates on their auto loan and diminish their monthly payments through refinancing. Besides this, if you have the minimum required monthly income and credit score, Auto Approve can be the best option for you.

Features

Auto Approve has a lot of interesting and useful features, among which the easy and quick application process might be the most attractive. This is also a completely free service that won’t charge you an application fee. Any fees that you may have to pay will be included in the total cost of the loan. It works with a wide range of direct lenders which means that you will most likely obtain the best offer for you, especially considering that it covers almost all types of vehicles, including boats, ATVs, RVs, etc. Besides those features, it also provides motorcycle refinancing and offers a plethora of educational resources meant to help you make the best decision.

Application Process

The application process on the Auto Approve website is easy and takes just a few minutes. Here is how it works:

·        Access the application form on the official website and insert the required information;

·        You will be asked to fill out personal details, your current loan payments, and refinancing reason;

·        Within minutes of sending the application, you will receive a quote from the company;

·        A personal loan consultant will call you after you complete the application;

·        You will need to provide some more info on your vehicle and send the necessary documents;

·        You will not have to pay an application fee and any quotes that you receive remain valid for thirty days.

Loan Types and Terms

As we have already mentioned, Auto Approve offers auto and motorcycle refinance loans as well as lease buyback. However, considering the fact that this platform is not a direct lender, most details such as the loan terms and rates will depend on the lenders in the Auto Approve portfolio. In general, you can borrow from $5,000 to $85,000 and the repayment terms vary between 12 and 84 months. The APR rates can be as low as 1.90%, the minimum required credit score is 580, and there are no prepayment penalties and no application fees.

How Safe Is It?

Auto Approve is a professional and trustworthy platform with an A+ rating given by the Better Business Bureau. On TrustPilot, the company has 4.7 out of 5 stars which is an excellent rating. As for your data security, it’s worth noting that the website uses HTTPA technology to protect each applicant’s information as well as a secure channel through which the information is sent. The security measures that Auto Approve uses are a standard for this industry and you can be sure that your detail will not be sent without your consent or used for any other purposes. In short, Auto Approve can be considered a safe platform to use and send your data to because it assures its clients that it won’t end up in the wrong hands.

Help & Support

For people who wish to get in contact with a representative of Auto Approve, they can do so by calling (855) 897-1390 or sending a fax at (855) 897-1390. The company also has an e-mail address where people can write to them, info@autoapprove.com. Unfortunately, the official website doesn’t display any working hours for customer support. Still, make sure that you check the FAQ page on the website before submitting any questions to the team because your answer might be already in there as the section is truly comprehensive. Thankfully, most client reviews claim that the Auto Approve customer support system is fast and professional.

Summary

To sum it all up, it must be said that Auto Approve can be very helpful in case you are looking for an auto refinance loan to enjoy a few benefits or if your overall financial situation has changed for the better. This is not a direct lender but it does help clients find the best option for them through its platform. This means that you can be sure that the quote you will receive is suitable for your preferences and needs. The Auto Approve services cover many vehicles and are very easily obtainable through the platform’s quick and easy application procedure. Finally, this marketplace’s overall online reputation is very good with most client reviews praising its customer support system and professionalism.

Physical Address

6200 Shingle Creek Pkwy, Suite 400, Brooklyn Center, MN 55430