Gravity Lending vs RefiJet Auto Loans

Gravity Lending was founded in 2015 in Austin, Texas. The company specializes in simplifying auto loan financing through its innovative online marketplace, enabling borrowers to compare refinancing offers from about 70 lenders nationwide. They stand out by offering no-fee, low-interest-rate auto refinancing, and lease buyout services. Their streamlined online application process allows clients to customize loans to meet their financial needs, with an average customer savings of approximately 18% of their original loans. Gravity Lending has funded over $7 billion in loans and maintains an A+ rating with the Better Business Bureau (BBB), underscoring their commitment to transparency and customer satisfaction. With no hidden fees and personalized support from dedicated loan officers, they have a reputation for delivering top-tier auto refinancing experiences for borrowers across the United States. For a deeper dive into their offerings and customer experiences, explore the full review.

Founded in 2016 and based in Denver, Colorado, RefiJet offers auto loan refinancing and lease buyout loans, utilizing advanced technology to ensure seamless customer service and robust data security. RefiJet's features include a fully online application process, accommodating various vehicle types and credit scores, and connecting borrowers with a nationwide network of over 20 lenders. They offer competitive interest rates starting at 2.49% for highly qualified borrowers, with loan terms ranging from 24 to 96 months. Customers generally praise RefiJet for their efficient service and knowledgeable staff, highlighting the ease of securing better interest rates and terms. However, some have experienced delays and communication issues. RefiJet also provides additional services such as Guaranteed Asset Protection (GAP) and Extended Service Contracts (ESC) for extra financial security. Pricing includes an origination fee of up to $495, added to the total loan amount, with no prepayment penalties. RefiJet's comprehensive refinancing solutions cater to a wide range of financial needs, making them a viable option for many borrowers seeking improved loan conditions.