Members save over $1,300 on average by refinancing their auto loan1

Won't affect your credit score

You could save thousands of dollars
over the life of your loan1

Our online refinancing process makes it fast and easy.
Check Your Rate in Minutes
Quickly see the offers that you could prequalify for.
Lower Your Monthly Payments
Flexible terms and great rates that could lower your monthly payments.
Simple, Easy Process
Our online application makes refinancing easy and fast.
No Origination Fees
Plus no prepayment penalties

How LendingClub Auto Refinance Works

Check Your Rate
After you tell us a little about yourself and your vehicle, you’ll instantly receive multiple auto refinancing offers, if you qualify.
Confirm Your Details
Select the offer you like best and complete our easy online application. In some cases, we may ask you to send additional documents or details about yourself or your car.
Drive Off with Savings
If your loan is approved, we’ll take care of paying off your previous lender. That’s it—your auto refinance is complete!

Is my current auto loan eligible?

To qualify your car must be
  • 10 years old or newer
  • Under 120,000 miles
  • A personal-use automobile
..and your auto loan must have
  • An outstanding balance of $4,000—$55,000
  • Been initiated at least 1 month ago
  • At least 24 months of remaining payments
See below for more details

Simple, quick & easy!

"A few steps and I saved a bunch of money. Completely painless!" 2

– Jason, a member from New Jersey

Read More Reviews
80 Billion + Borrowed
4 Million + Members
Lending Club Reviews
Testimonial from LendingClub auto refinancing Customer

Want to learn more about auto refinancing?

See our blog post to understand the step by step process of how it works.

  1. Based on the average experience of similarly situated borrowers who refinanced their existing auto loans (“Original Auto Loans”) with Auto Refinancing Loans from LendingClub Bank (“Auto Refi Loans”) between October 2022 and March 2023. For this period, the average estimated remaining interest charges of Original Auto Loans was $4,618, and the average potential interest charges of corresponding Auto Refi Loans obtained by borrowers was $3,250, which represents a reduction in potential interest charges of $1,368. This reduction reflects the terms of Auto Refi Loans actually obtained by borrowers, not the terms of Auto Refi Loans offered to but not selected by borrowers. Reductions in potential interest charges are determined based on (a) our understanding of the APRs of Original Auto Loans, and (b) the corresponding APRs of Auto Refi Loans obtained by borrowers. Claims related to reductions in potential interest charges assume that Auto Refi Loans will be paid as agreed, and are for illustrative purposes only. They do not directly relate to any estimated APRs, monthly payment amounts, or savings amounts communicated to you in connection with a specific Auto Refi Loan that we may advertise to you or that you may obtain from us. Depending on the state where you live, tax, title and other fees may apply, which could impact your total savings. 

Checking a rate through us generates a soft credit inquiry on a person’s credit report, which is visible only to that person. A hard credit inquiry, which is visible to that person and others, and which may affect that person’s credit score, only appears on the person’s credit report if and when a loan is issued to the person. Credit eligibility is not guaranteed. APR and other credit terms depend upon credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, credit usage and history, vehicle loan-to-value (LTV) ratio, and other vehicle characteristics.

Savings are not guaranteed and depend upon various factors, including but not limited to interest rates, fees, term length, and making payments as agreed.

A representative example of payment terms for an Auto Refinancing Loan is as follows: a borrower receives a loan of $ $23,107 for a term of 59 months with an APR of 8.43%. In this example, the borrower will make 59 monthly payments of $478. Loan amounts range from $4,000 to $55,000, and loan term lengths range from 24 months to 84 months. Some amounts, rates, and term lengths may be unavailable in certain states.

For Auto Refinancing Loans, APR ranges from 5.99% to 24.99%. APRs are determined at the time of application. Lowest APR is available to borrowers with excellent credit. Advertised rates and fees are valid as of August 28, 2023 and are subject to change without notice.

Vehicle Restrictions 

Auto refinancing loans are only available for vehicles that are 10 years old or newer (based on vehicle model year) and have 120,000 miles or fewer. Loans are not available for recreational vehicles, motorcycles, vehicles with branded titles, bonded titles, or reconditioned titles, hail-damaged or salvaged vehicles, domestic trucks branded with a ‘3500’ designation or with a rated payload capacity of one ton or greater, conversion or cargo vans, snowplow-equipped vehicles, or any vehicles used for livery, rideshare, or any other commercial purpose. Loans are not available for the following vehicle makes and/or models: Hummer, Pontiac, Saab, Saturn, Daewoo, Isuzu, Suzuki, Oldsmobile, and Nissan Leaf. At the time of application, your vehicle must be registered in the state where you live. We do not accept applications for auto refinancing loans from AK, HI, ME, NH, ND, VT, WV, WY, Washington, D.C., and the U.S. territories. Additional vehicle restrictions may apply.

Existing Loan Restrictions 

Auto refinancing loans are only available for existing auto loans that have 24 months or more remaining on the term. GAP waiver or insurance coverage, if any, on your prior loan or retail installment contract may be impacted. Consult your GAP agreement or policy, or contact your GAP provider or insurer for more information. Additional existing loan restrictions may apply.


State and local title and registration fees may apply and may be added to the amount financed. 

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

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