Logo

How do I apply for an auto refinance loan?

2 min read

Our quick application process asks for a few details to get you the best rate possible and to make sure your Auto Refinance runs smoothly. Here’s a step-by-step guide to help you complete your application:

  1. On the Check your rate page, enter your contact information, email address, and income.

    Note:If you purchased your car with someone else, you’ll need to apply with that person. From the Application Type menu, select Joint.

  2. Select your car loan, then click Refinance This Loan.

    Note: If you have more than one car loan, you'll need to select the one you want to refinance.

  3. Tell us about your car:

    • Year—the model year, which may be different from the year you bought your car (you can find it on your vehicle registration or insurance card)

    • Make—the brand name of the vehicle manufacturer (for example, Ford or Toyota) as shown on your vehicle registration or insurance card

    • Model—the brand name of the style of vehicle made by the manufacturer (for example, Focus or Corolla)

    • Trim—an alternate version of the model (see “More about trims”)

    • Mileage—the approximate number of miles your car has been driven, which you can find on your dashboard

These details help us determine the value of your car, so make sure they’re as accurate as possible.

If you don’t have all the details or want to save some time, we can look them up for you using your vehicle identification number (VIN). Just click Enter Your VIN to get started.

More about trims

Trim levels are versions of the same car model with different features and options. For example, the Ford Focus has several trims, including the S Sedan, SE Sedan, and SE Hatch. You can look up your car’s trim in several places:

  • The owner’s manual

  • The original sales invoice or window sticker from when you bought your car

  • Lettering with the trim name on the car’s exterior (often toward the back)

  • On some cars, lettering on the inside of the driver's side door

Additional Application Process FAQ

LendingClub Resources

Related Articles
Auto loan refinancing is when you use a new car loan to pay down your old loan—often with a lower monthly payment or interest rate. 
Apr 7, 2025
7 min read
Girl learns how to refinance a car and save money
Your credit score may be impacted when you refinance your auto loan thanks to a hard credit check, but the effects are typically short-lived.   
Mar 19, 2025
6 min read
girl in a car
The total cost of owning a car includes the purchase price, interest on loans, insurance, fuel, maintenance, repairs, taxes, registration, depreciation, and unexpected expenses.
Feb 5, 2025
3 min read
couple in car
Should you lease or buy your next car? Leasing costs less on a monthly basis and puts limits on how you can use your car. Buying comes with ownership responsibility but will cost you less in the long run.
Jan 15, 2025
7 min read
Leasing vs. Buying a Car: Which Option is Best for You?
Timing matters when refinancing an auto loan. So before opting for a new loan, make sure you understand when it’s a good idea to refinance and when it’s better to wait. 
Dec 21, 2024
6 min read
woman looking at phone in car
Related FAQ's
It’s fast and simple to refinance your car loan with LendingClub Bank. If your car loan’s remaining balance is between $5,000 and $55,000, you can be on the road to savings by refinancing with us.
Jun 7, 2023
less than a minute read
Rates and fees for your auto refinance loan depend on several factors, like your credit history and income. We’ll let you know about any potential fees or other costs during the application process, so you can be sure you’re making the right choice.
Jun 26, 2025
2 min read
No. If your monthly payment amount is $300 but you pay $400, you will still receive $6.00 (2% x $300) in cash back.
Jun 16, 2025
less than a minute read
Your debit or ATM card should arrive within 7-10 business days after you’ve opened your account.
Jun 16, 2025
less than a minute read
Members can open a LevelUp Checking account.
Jun 16, 2025
less than a minute read
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
Sep 6, 2023
4 min read
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
Mar 21, 2023
3 min read
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment. 
Mar 21, 2023
4 min read
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
Feb 7, 2023
3 min read
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
Feb 4, 2023
3 min read

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,” the “LC” symbol, “TopUp,” and “DebtIQ” are trademarks of LendingClub Bank.

© 2025 LendingClub Bank. All rights reserved.