Gravity Lending

Gravity Lending Reviews

5.0
1,693 reviews
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Gravity Lending Reviews
5.0(1,693)

About Gravity Lending

Gravity Lending works with lenders nationwide to let you compare loans and customize them to your personal financial needs. There is no charge to use Gravity Lending’s services and work with an experienced loan officer to refinance your auto loan. In addition to auto refinancing, Gravity Lending also offers vehicle service contracts, gap insurance, vehicle protection plans and depreciation and debt protection.

Pros
  • Nationwide lending network
  • Rates as low as 4.99%
  • Average savings of $134 a month
Cons
  • $10,000 minimum
  • No commercial vehicles

What is Gravity Lending?

Gravity Lending is an online marketplace where you can compare auto refinancing loan offers from a network of nationwide lenders. The company offers services at no cost to customers, and it provides a fast, secure process. Loans fund in as little as 72 hours with interest rates as low as 4.99%.

The Gravity Lending team has funded over $7 billion dollars in loans and advertises that customers have a total savings average of $2,846.

How does Gravity Lending work?

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. You only need to fill out one application, and you'll be assigned a dedicated loan officer to help walk you through the refinancing process quickly and securely. You can upload the few documents needed and sign from your phone.

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 24 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 rates

As a broker, Gravity Lending will shop lenders nationwide to find you the lowest auto refinancing rate possible. Interest rates start at 4.99%, and the company states it saves customers an average of 25% on their auto loan.

You can compare auto refinance rates with only a soft credit pull, which doesn’t affect your credit score. Gravity Lending does not charge any fees for its services.

Gravity Lending FAQ

Does Gravity Lending do a hard credit pull?

Yes, eventually. Before that is done, the company has a pre-qualification process that only requires a soft credit pull, which does not affect your credit. Once you decide on a loan offer, Gravity Lending performs a hard credit inquiry.

Can I choose my Gravity Lending loan term?

Yes. Terms between 24 and 84 months are available. Your personal financial credit situation and other factors will determine the auto refinancing offers you receive.

What documents do I need to provide to refinance with Gravity Lending?

Only a few. You will need to provide proof of income, proof of residence, proof of insurance and your vehicle information including the year, make, model, VIN and payoff on your current loan.

How long does refinancing with Gravity Lending take?

The company states that most applications take about 90 seconds to complete and funding can happen in as little as 72 hours.

Is Gravity Lending legit?

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.

Gravity Lending Reviews

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    Page 1 Reviews 0 - 5
    Verified purchase
    StaffLoan ProcessRates

    Reviewed July 16, 2024

    I recently had the pleasure of refinancing my truck loan, and I can confidently say it was an outstanding experience, thanks to Lori **. From the very beginning, Lori demonstrated exceptional professionalism and a genuine commitment to helping me secure the best terms possible. Lori made the entire refinancing process incredibly smooth and straightforward. She took the time to explain each step in detail, ensuring I understood all my options and what to expect. Her clear communication and prompt responses to my questions made me feel confident and well-informed throughout the process.

    What truly set Lori apart was her dedication to finding the best deal for me. She diligently explored various options and negotiated on my behalf, ultimately securing a significantly lower interest rate that will save me a substantial amount of money over the life of the loan. Her expertise and tenacity were evident every step of the way.

    Moreover, Lori's friendly and approachable demeanor made working with her a pleasure. She was always patient and willing to address any concerns I had, making me feel valued as a customer. It's rare to find such a combination of professionalism and personal attention, and Lori embodies both perfectly. Thanks to Lori **, my truck loan refinancing experience was seamless and stress-free. I couldn't be happier with the outcome and highly recommend her services to anyone looking to refinance their vehicle loan. Lori's exceptional service and dedication truly made all the difference!

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    Response from Gravity Lending

    That's an awesome review about Lori!! We are thrilled to hear this! We would be honored to help your friends and family too, so you now qualify to receive $100 for every person you help. Just make sure they mention your name and when their loan funds, expect to get $100 for every person you send. Thanks again!

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      StaffLoan Process

      Reviewed July 3, 2024

      I recently refinanced my car through Gravity Lending, and I must say Lewis ** provided exceptional service throughout the entire process. From our initial consultation to the final paperwork, Lewis was incredibly attentive and proactive, always following up promptly and ensuring I was informed every step of the way. One of the main reasons I decided to refinance was to lower my monthly payments, and Lewis worked diligently to achieve that goal. He managed to lower my car payment to just $200 per month, which has made a significant difference in my budget. This adjustment has allowed me to allocate more funds towards my children's needs, which is a huge relief.

      Lewis not only helped me save money but also made the entire refinancing experience smooth and stress-free. His professionalism and dedication to his clients are truly commendable. I would highly recommend Lewis ** and Gravity Lending to anyone looking to refinance their car loan. Thank you, Lewis, for your outstanding service and for helping me improve my financial situation!

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      Response from Gravity Lending

      That's an awesome review about Lewis!! We are thrilled to hear this! We would be honored to help your friends and family too, so you now qualify to receive $100 for every person you help. Just make sure they mention your name and when their loan funds, expect to get $100 for every person you send. Thanks again!

      Verified purchase
      StaffLoan Process

      Reviewed June 17, 2024

      Stephanie ** made my refinancing process go as smoothly as possible for me. She thoroughly explained everything to me which made it so much better. She had to explain to me twice almost three times so that I can fully understand what I was getting myself into and I thank her very much for being so kind to me and taking her time doing that for me. She was there for me all the way around until I fully understood my new loan and my mechanical breakdown insurance. She’s the best. She has a very positive attitude and definitely deserves a raise if possible. She goes above and beyond. Thank you Stephanie for all you did for me while this was all processing. Thank you for your patience and kindness. If it wasn’t for you I don’t think I would’ve refinanced once again, Thank You! -Candelaria

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      Response from Gravity Lending

      That's an awesome review about Stephanie!! We are thrilled to hear this! We would be honored to help your friends and family too, so you now qualify to receive $100 for every person you help. Just make sure they mention your name and when their loan funds, expect to get $100 for every person you send. Thanks again!

      Verified purchase
      Customer ServiceStaffLoan ProcessRates

      Reviewed June 10, 2024

      “A totally awesome experience.” This was our first time in Gravity Lending and they are the only one who helped us get our auto re-financing approved with good monthly payments. Shoutout to “Mr. Nick **” who helped us get through all this. He’s very patient and kind from start until the end of the transaction. If ever you want your car refinanced, call them and ask for Nick. He will help you every step of the way, with all the options and every details on how he can help you lower your monthly payments. Great customer service, he really is very confident that he can help us and he did. Thank you so much for the help. I truly recommend Gravity Lending for those who are thinking to refinance their car. The agents are very professional especially Nick, they have flexible rates and their level of customer service are superb making them stand out among other lending companies. I am extremely satisfied with their service.

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      Response from Gravity Lending

      Thank you for sharing your experience with Nick. We work hard to create a great experience for all of our customers. Enjoy the new loan savings and don't forget, you can now get paid $100 for EVERY person you refer once their loan funds. Thanks again!

      Verified purchase
      Customer ServiceStaffRates

      Reviewed March 21, 2024

      I was looking to refinance my car to a payment that could fit my budget a little better. I searched and searched for the best rates, but when I reached out to Gravity Lending after reading all of their stellar reviews, they made that search so much easier. They were able to find a lender to work with me and my situation. Gravity Lending was easy to work with and found the best rates for my situation. They were helpful, easy to get ahold of and were able to work around my work schedule so that we could talk on the phone when it was convenient for me. When things were able to be done via email, they were quick and responsive making it easier on me. I would definitely recommend using them for your refinancing needs! I am so glad that I worked with them! I can rest easy knowing that I don't have to struggle to make my car payment anymore.

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      Response from Gravity Lending

      Thank you for sharing your experience with the review community. We work hard to create a great experience for all of our customers. Enjoy the new loan savings and don't forget, you can now get paid $100 for EVERY person you refer once their loan funds. Thanks again!

      Verified purchase
      StaffLoan Process

      Reviewed Nov. 29, 2024

      We recently refinanced our BMW through Gravity Lending, and the experience was nothing short of exceptional. Alexandra, our loan officer, was absolutely amazing. From the very beginning, she made us feel like we had known her for years. Her patience and guidance throughout the entire process were remarkable, ensuring that every step was seamless and stress-free.

      Not only did Alexandra secure the lowest possible rate for us, but she also helped us get coverage for our luxury vehicle that leaves us completely worry-free. Her professionalism and dedication to making this process smooth truly set her apart. We are beyond impressed with Gravity Lending and would highly recommend their services to our friends and family whenever the opportunity arises. If we ever need refinancing in the future, we will definitely turn to them again. Thank you, Alexandra, and the entire Gravity Lending team for your outstanding service!

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      Response from Gravity Lending

      That's an awesome review about Alexandra!! We are thrilled to hear this! We would be honored to help your friends and family too, so you now qualify to receive $100 for every person you help. Just make sure they mention your name and when their loan funds, expect to get $100 for every person you send. Thanks again!

      Verified purchase
      Loan ProcessRates

      Reviewed Nov. 28, 2024

      Gravity lending has the best customer service ever. The loans officers are so good. They take time to explain everything, in my personal case Alexandra ** was the one that helped my with the whole process. It was the easiest thing ever and it just took a couple days. Really happy with my new rate. I recommend it a hundred percent.

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      Response from Gravity Lending

      Thank you so much! We really appreciate that feedback. Alexandra works hard to make sure our clients have a great experience. Enjoy the new loan savings and don't forget, you can now get paid $100 for EVERY person you refer once their loan funds. Thanks again!

      Loan Process

      Reviewed Nov. 27, 2024

      I had a disappointing experience with Gravity Lending regarding the GAP insurance policy I purchased through them during the refinancing of my vehicle loan. My vehicle has a rebuilt title—A fact that was evident from the VIN and known to them at the time of refinancing. Despite this, I was sold a GAP policy that excluded coverage for vehicles with rebuilt titles. After a total loss, my GAP claim was denied, leaving me responsible for the remaining balance of my loan. It was only after the denial that I was refunded the cost of the GAP policy, but this doesn’t resolve the financial burden caused by their failure to ensure the policy was appropriate for my situation. I trusted Gravity Lending to provide clear and accurate information when refinancing my loan. Instead, I feel misled and let down. I cannot recommend their services to others unless they improve their transparency and due diligence when offering financial products.

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      Response from Gravity Lending

      We are so sorry your experience with Gravity Lending left you feeling stranded. We work hard to create a great experience for all of our customers. We will be in touch with you soon to understand what happened. Alternatively, you may also contact a manager at (888) 602-1125.

      Verified purchase
      Staff

      Reviewed Nov. 25, 2024

      I had contacted Gravity Lending an spoke with Darline ** on refinancing my loan. She got it approved very quick and was very quick on getting documents to me and filled out. And was able to save me a lot of money, could not ask for any better or quicker service! I would highly recommend contacting Darline at gravity lending!

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      Response from Gravity Lending

      Thank you for sharing your experience with Darlie. We work hard to create a great experience for all of our customers. Enjoy the new loan savings and don't forget, you can now get paid $100 for EVERY person you refer once their loan funds. Thanks again!

      Verified purchase
      StaffRates

      Reviewed Nov. 22, 2024

      I would say that Gravity Lending gave me the best rates and great overall experience! Jason A was very responsive, knowledgeable, and had wonderful follow-up procedures. I highly recommend Gravity Lending. In summary, go with Gravity. I generally do not write reviews but thought I should share since financing a loan can be so overwhelming.

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      Response from Gravity Lending

      Thank you so much, we love to hear this kind of feedback! Jason works hard to be helpful and knowledgeable, so this review is much appreciated. Enjoy the savings and don't forget, you can now get paid $100 for EVERY person you refer when their loan funds. Thanks again!

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      Gravity Lending Company Information

      Company Name:
      Gravity Lending
      City:
      Austin
      State/Province:
      TX
      Postal Code:
      78758
      Country:
      United States
      Website:
      gravitylending.com