Auto Approve

Auto Approve is an auto refinance company that helps consumers look for lower vehicle interest rates through a national network of credit unions, banks and finance companies. Auto refinancing replaces an existing car loan with a new one, usually to reduce the interest rate, the monthly payment or both, and borrowers often consider it after their credit improves or market rates fall. The company frames its service around lowering car payments so that customers have more money left for other priorities, in line with its stated mission of making it simple for customers to save money and enjoy life more.

Auto Approve's services include auto refinance, auto lease purchase and motorcycle refinance. A lease purchase, sometimes called a lease buyout, lets a driver finance the purchase of the vehicle they currently lease, which puts it alongside refinancing as a way to change how an existing vehicle is paid for. Motorcycle loans generally work like car loans, with the bike serving as collateral, so the same refinancing logic applies when a rider qualifies for better terms.

Prospective customers start with a short inquiry to get a free quote, and the company notes that no Social Security number is required at that stage. A low-commitment first step like this suits consumers who want to see possible savings before agreeing to a full credit application. Customers can also reach the company by phone, and existing customers can log in to an online account.