Jovia vs Upgrade

Jovia Financial Credit Union, established in 1938 and headquartered in Westbury, New York, is one of the largest credit unions in the state, serving nearly 227,000 members. Specializing in various financial services, Jovia stands out for its competitive auto loan offerings. With rates starting as low as 2.39% APR and terms extending up to 96 months, Jovia provides flexible financing options for new and used vehicles from 2012 and newer. Unique features include a trusted dealer network that assists members in finding their ideal vehicle and the option to receive a cash bonus for financing electric or hybrid cars. Jovia also offers a straightforward online application process, allowing for quick approvals. While some customer feedback highlights concerns regarding service quality, many members appreciate the low monthly payments and comprehensive support throughout the loan process. Jovia Financial is federally insured and holds strong industry credentials, making it a reliable choice for auto financing. With its commitment to member satisfaction and financial empowerment, Jovia encourages potential borrowers to explore their auto loan options further.

Upgrade, founded in 2016 and headquartered in San Francisco, is a fintech company specializing in personal loans, credit cards, and auto financing solutions, including refinancing options designed to lower monthly payments and save on interest costs. With a user-friendly online platform, they facilitate a seamless application process, often providing approvals within 24 hours and funding shortly after. Their services extend to both individual customers and auto dealerships, thanks to extensive partnerships with many financial institutions. Their customers benefit from features such as a soft credit pull for rate checks, fixed fees, and no origination fees, enhancing transparency and reducing costs. They also offer competitive loan terms, with options up to 84 months and the ability to pre-qualify without impacting credit scores. Their commitment to customer service is reflected in their A+ rating from the Better Business Bureau and accolades from industry leaders. Read our review to have a full-on breakdown of Upgrade and their services in detail.