Refinancing? You’re in the Driver’s Seat!

Improving “the customer experience” is the name of the game in business these days. Companies are falling all over each other to stand out from the competition, say, by offering shorter delivery times, hot deals, stellar customer service, and buying incentives. They are getting much better at seeing things from the customer’s point of view and that’s great for all of us! Auto refinancing is no different.

RefiJet, for example, does the work of researching refinancing options and comparing loan products to pinpoint the ones that best suit our customers’ needs and then guides them through the entire process. Everything—from the first glimpse of our website through the close of each deal, has been carefully considered to take the pain points out of the refinancing process.

The RefiJet website has just two simple intake forms—essentially capturing contact information and birth date—and then uses a “personal concierge” to walk customers through the loan process. By having a single source to represent multiple lenders, customers can avoid the tedious task of calling all over to gather information and compare refinancing options on their own.

When getting started with your auto refinancing, you will need to have a few documents on hand so the lender can verify your qualifications. To make things flow as smoothly as possible, it’s a good idea to start gathering this information:

  1. Proof of employment and income—recent pay stubs or the W-2 from a prior year. If you don’t have a single employer, you can use your 1099s or tax returns.
  2. Proof of residence—documents that confirm your physical address, such as a driver’s license, bank statement or utility bill.
  3. Proof of insurance—either an insurance ID card, policy document or other information that demonstrates coverage for your vehicle.
  4. Vehicle information—specific details about your car, including its year, make, model and VIN.
  5. Loan information—amount of your current loan pay-off amount.

You may also want to take a look at your credit report before submitting a refinancing application to make sure it is accurate. Everyone is entitled to review their credit report for free each year at each of the major credit bureaus—Experian, Equifax and Transunion—and draw their attention to any errors. You can be sure that any lender will be checking it carefully and the last thing you want is for them to make decisions on your credit when it looks worse than it really is!

With all your documents in hand, the process just flows from there. You can be busy at work or at home, knowing that someone else is out there looking after your best interests. And especially when it comes to your hard-earned money, it’s nice to know that someone has your back.

Important Disclosures and Requirements

Customer Consent to Receive Account Information Electronically

The Electronic Signatures in Global and National Commerce Act requires your consent to receive certain disclosures electronically. Please read this section carefully and retain a copy of this document for your records.

ELECTRONIC RECORDS

Some communications and disclosures with and by RefiJet.com on its behalf and on behalf of participating banks, finance companies, and credit unions (hereinafter called “Lenders”) are conducted electronically. However, if you wish to obtain a paper copy of any disclosure to your offer and/or loan/finance offer request, you may write to Yield Solutions Group, LLC (dba RefiJet.com) at 7555 E. Hampden Ave., Ste. 500, Denver, CO 80231. We will not charge you a fee for a paper copy of the Disclosures you request. RefiJet does not provide any Lenders’ disclosures.

RefiJet.com reserves the right, in its sole discretion, to stop providing Disclosures electronically. RefiJet.com will provide you with notice of any such termination as required by applicable law. If RefiJet.com chooses to stop providing Disclosures electronically, RefiJet.com will send any future Disclosures to you in paper form.

YOUR CONSENT IS REQUIRED

The applicant and any co‐applicant (collectively, “you”) must consent to receive Disclosures electronically in order to complete the loan/finance offer request process with RefiJet.com on behalf of its participating Lenders (as defined above). Your consent will apply to Disclosures you receive from RefiJet.com, its successors and assignees, and any Lenders. You may withdraw your consent for receiving electronic Disclosures by notifying RefiJet.com at Info@RefiJet.com. Since RefiJet.com is structured to provide some loan/finance offer request related information electronically, not consenting, or withdrawing your consent to receive electronic Disclosures may terminate your loan/finance offer request process. You may withdraw your consent to do business electronically with our participating Lenders at no cost to you. You may do so by contacting the Lender at the mailing address, e‐mail address or telephone number they provide to you separately for such purpose.

CONSENT TO RECEIVE DISCLOSURES ELECTRONICALLY

In order to use this service, you must consent to receive disclosures including but not limited to the Terms of Service and Privacy Notice electronically and you agree that these electronic disclosures will be sufficient as a “writing” under applicable law.

If you have access to this website, you have suitable hardware/software to access and retain electronic documents.

This consent is valid until revoked by either party.

Please notify us at 1.800.260.5355 if your contact information changes at any point in the refinance process.

MONTHLY PAYMENT REDUCTION CLAIM**

This average monthly auto loan payment savings reflects loans where the borrower chose to lower their monthly payment. Not every auto refinance is intended to lower monthly payment. These savings are not guaranteed. Individual savings and rates may differ.

2018‐10‐08 02:30PM MST