At a Glance
Rates & Fees
Key Features
Assigns a dedicated loan consultant to guide the refinancing process
Connects borrowers with a network of banks, credit unions, and online lenders
Payment-skip option available for up to 90 days (interest continues to accrue)
No mandatory waiting period after a title transfer to refinance
Pros & Cons
Pros
- Soft-pull pre-qualification doesn't impact credit score
- Personalized support from a dedicated consultant
- Weekend customer service available
- Accepts fair-to-poor credit profiles
Tradeoffs
- Specializes exclusively in refinancing — no new-purchase loans
- Administrative/processing fees can reach up to $549
- Specific fee amounts not consistently disclosed
- Not available in Hawaii, New Hampshire, or Rhode Island
How to Apply
Get pre-qualified with iLending to see an estimated rate before you shop for a vehicle, if the lender offers it.
Compare your pre-qualified rate against at least one other lender or your dealership's financing offer.
Gather proof of income, insurance, and identification, plus the vehicle's details (VIN, price, mileage) for the formal application.
Submit the full application through iLending directly; approval usually involves a hard credit inquiry.
Review the final APR, term, and total interest on the loan agreement before signing at the dealership or online.
How It Compares
Current product highlighted| Product | APR Range | Loan Amount | Vehicle Age Limit |
|---|---|---|---|
| iLending Auto Refinance | 4.99%–19.24% | $5,000–$250,000 | No universal maximum; partner lenders typically accept vehicles up to 10-20 years old |
| Consumers Credit Union Auto Loan | 3.99%–19.99% | $250–$500,000 | New & used (up to 10 years old) |
| PenFed Auto Loan | 5.19%–17.99% | $500–$150,000 | New & used |
| LightStream Auto Loan | 7.24%–15.89% | $5,000–$100,000 | Any age |
Rates and terms shown are illustrative as of 2026 and vary based on creditworthiness, vehicle, and loan term — always confirm current terms directly with the lender.