Take a Vacation from Your Next Auto Loan Payment

Month in and month out, you make your auto loan payment. Every time you take money out of your account to pay your loan, you think it’s really a big chunk of your monthly budget. You may find yourself wondering what you could do with those funds if you could take a vacation from your next auto loan payment. That may be an option for you.

Your next loan payment is likely due within the next 30 days. However, if you decide to refinance your auto loan today, you may qualify for a bit of a break.

This could give you a month when you do not have to make a loan payment. However, it’s important for you to recognize there are limitations to this. At RefiJet, we want to give you a solution that fits your needs and resolves at least some of your concerns. While pushing out the date of your next payment is a good reason to consider refinancing your auto loan, there are plenty of other factors to consider, too.

What Are the Benefits of Refinancing Your Auto Loan?

As a vehicle owner, you are probably putting a lot into your current vehicle. You are paying for your loan and insurance on the car. You may also be paying for things like repairs and maintenance. All of this adds up very quickly. With an auto loan refinance, you may be able to accomplish some of your other goals – reducing how much you pay each month, too.

Consider a few of the potential benefits of refinancing your auto loan with our team at RefiJet. You may be able to see a few significant improvements in your current situation when you are able to:

Lower Your Monthly Payment: Perhaps the biggest reason many people choose to refinance their auto loan is that it allows them to secure a lower monthly payment. Though it depends on various factors associated with the loan, such as how much you owe, many times, our clients see a substantial reduction in what they pay. On average, we help our clients who want to reduce their monthly auto payment,  see a savings of about $150 per month. That’s extra money you can use each month, too!

Reduced Interest: If you are currently paying a high-interest rate on your auto loan, refinancing could help you to reduce that rate. Even an interest rate that is a fraction higher than what you could be paying otherwise can be very costly to you in the long term. Perhaps your credit was not as good previously, or you now have a co-borrower that can help you qualify for a lower rate.

Extended Term: Extending the term of your auto loan can help you in various ways. In this process, you are agreeing to pay back the loan in a longer period of time than what you are paying towards right now. This can further reduce your monthly payment.  Your refinance loan is a simple interest loan, so you can always pay it off earlier if you choose to.

Can Refinancing Your Auto Loan Really Allow to You Take a Vacation from Your Next Auto Loan Payment

When you refinance your auto loan, you are using a new loan to pay off what you owe to your existing lender. The process of closing one loan and opening another takes time. Most often, there’s a gap of 30-to- 45 days between payments to your old lender and your new lender. That gap can give you a bit of a breathing room with that month’s budget.

RefiJet can make the entire process very easy for you from start to finish, too. When you are considering a loan refinance for your vehicle, contact us. We can then help you to find the best loan for the term, interest rates, and features you need. You’ll learn everything you need to know about the factors involved in your new refinance loan, including:

  • Availability of lower interest rates
  • Term options ranging from 24 months to as long as 84 months.
  • When your next payment is due
  • How much you’ll pay if you refinance the auto loan in total

There’s no pressure to make the decision. You can choose not to refinance if you would like to. Yet, as you look at the budget for this month and wonder how you are going to make it all come together, taking action right now may help give you a vacation from your monthly car payment.

Keep in mind that you are not skipping a monthly payment with auto refinance.  That amount is just being included in the new loan, so you get to pay it later.  Rather, you are just starting a new loan with a new term. The closing of the loan process takes time, which is why there is that 30-to-45-day gap. More so, when you refinance with us, we will help you to see exactly how much of a break you will have during this process.

Is Refinancing Your Auto Loan Right for You?

To find out, connect with our auto loan specialists at RefiJet. Let us figure out what the best option is for you. It’s a fast and easy way to see just how much you could be saving each month. Get Started Now.

Important Disclosures and Requirements

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The Electronic Signatures in Global and National Commerce Act requires users of this Site who submit a Contact Form (“you” or “your”) consent to receive certain disclosures electronically. Please read this disclosure and consent carefully and retain a copy of this document for your records. 


Some communications with and disclosures by Yield Solutions Group, LLC dba RefiJet.com (“RefiJet.com” or “us” or “we”) on its behalf and on behalf of participating banks, finance companies, and credit unions (hereinafter called “Lenders”) are conducted electronically. In order to access, receive and retain required notices and your documents, including, any notices and disclosures required by state or federal law, such as our Privacy Noticeloan documents and disclosures that we provide to you on behalf of any Lenderand any other transaction notices and information from us (collectively, “Documents”) electronically, you must satisfy the minimum system requirements outlined below. However, if you wish to obtain a paper copy of any Documents that RefiJet provides you in connection with your credit inquiry and any subsequent application to our Lenders, you may contact Yield Solutions Group, LLC (dba RefiJet.com) in writing at 5775 DTC Blvd Suite 400, Greenwood Village, CO 80111 or by email at Info@RefiJet.com. We currently do not charge a fee to send you a paper copy of any electronic Document, but reserve our ability to do so. Be sure to state which of the Documents you are requesting.  

RefiJet.com reserves the right, in its sole discretion, to stop providing Documents electronically. RefiJet may also send Documents to you in paper form because we are legally required to do so or because we determine in our sole discretion that you should receive the Documents in paper rather than electronic form.  RefiJet.com will provide you with notice of any such termination as required by applicable law. If RefiJet.com chooses to stop providing Documents electronically, RefiJet.com will send any future Documents to you in paper form. Certain disclosures, however, will be made to you verbally if permitted by applicable law (the “Verbal Disclosures”).   


You must consent to receive Documents electronically in order to complete the credit inquiry process with RefiJet.com and any subsequent loan process with one of our participating Lenders. Your consent will apply to Documents as defined above. You may withdraw your consent for receiving electronic Documents by notifying us in any of the ways described above. Since RefiJet.com is structured to process all or part of your credit inquiry and any subsequent loan  electronically, not consenting, or withdrawing your consent to receive electronic Documents may result in the termination of the credit inquiry and/or loan process. Your withdrawal of this consent is effective only after we have had a reasonable period of time to act upon your withdrawal. Even if you consent, note that the Verbal Disclosures will be made to you telephonically. 

If you wish to withdraw your consent to do business electronically with our participating Lenders, you may do so at no cost to you by contacting the Lender at the mailing address, email address or telephone number they provide to you separately for such purpose.  


In order to use this service, you must consent to receive Documents electronically and you agree that these electronic disclosures will be sufficient as a “writing” under applicable law.  


In order to receive, access and retain electronic Documents, you will need the following hardware and software: 

  • a computer, mobile device, tablet or similar device with an internet connection; 
  • a current web browser that supports HTTPS connectivity;  
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  • an installed printer or sufficient storage space to save, store, print or otherwise retain electronic Documents. 

 These disclosures and the Documents are both provided to you in PDF; therefore, your access to this page from your own system/device verifies that your system/device has the necessary software to permit you to receive and access PDF files. 

If the system requirements for accessing the copy of your Documents on the secure webpage change so as to require different or additional hardware or software, or upgrades, plug-ins or enhancements to the hardware or software used by you (all such changes referred to as a “Systems Enhancement”), we will notify you and you may either withdraw your consent or upgrade your hardware and/or software as required by the Systems Enhancement.  

This consent is valid until revoked by either party. 

It is important that you keep your email address current with us.  Please notify us at 1.800.260.5355 if your contact information changes at any point in the refinance process.  We may treat your failure to provide us with a valid email address, or the malfunction of the email address we have for you, as a withdrawal of your consent to receive Documents electronically. 

System Requirements to Retain Information 

If you have a valid email address, a copy of the loan Documents will be provided to you upon execution in the form of an email link to a secure portal that will contaithe PDF loan documentsYou will log into the secure portal using your access credentials. The PDF document will be available to you in the secure portal for thirty (30) days. To retain a copy of the Documents, you may choose to print them, save them or both. In order to print them, you must have a functioning printer connected to your personal computing device.  If you wish to retain an electronic version of the Documents, you must have a personal computing device with the hardware and software necessary to download and store PDF files. 

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If you do not click to accept you are not consenting to our providing electronic Documents to you as described above, and you are terminating your transaction with us