Gravity Lending

Gravity Lending is an online marketplace for auto refinancing that lets you compare loans from different lenders and choose one that makes the most sense for your car loan needs. The company’s technology helps create a fast and secure process that saves time and money. Gravity Lending has more than 100 years of financial experience, and it does not charge for its services.

As an online marketplace, Gravity Lending works as a middleman for refinancing loans. You can use its platform to compare loan options and rates from a wide variety of companies, each of which sets its own rates and terms. The online site is easy to navigate and understand, which is a big selling point for many customers. Plus, the ability to compare options at no cost creates more flexibility in pricing and terms. In general, refinancing loans offered through Gravity Lending are available for 25 to 84 months and must be for at least $10,000.

After choosing a loan, you need to provide certain documentation, including proof of insurance and income. Other things needed for approval include a valid driver’s license, vehicle information and proof of residence. After approval, you have between 45 and 90 days before you need to make your first loan payment.

Gravity Lending is a broker, and the lenders it partners with set their own rates. The company’s website states that rates start at 1.99%. You can compare options and pre-qualify for loans with a soft credit pull, which doesn’t affect your credit score. Gravity Lending doesn’t charge any fees for its services.

Gravity Lending is a popular company for those who want to compare their auto refinancing options online. Because the services are free and pre-qualifying doesn’t require a hard credit pull, it’s easy to figure out your loan offers. Some vehicle owners might be frustrated to find out that loans start at $10,000 and aren’t available in every state, but many customers find cost savings by refinancing with Gravity Lending.