Frequently Asked Questions

Very helpful customer service! And very friendly! Will recommend to friends and family that need to refinance a vehicle in the future!
Cutter Windham
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What makes RateWorks different?

We are professional auto loan experts with an A+ rating from the Better Business Bureau. We do it all from creating our own rates to servicing our own loans the RateWorks team is here to get you the best rate and answer any questions.

How long will the process take?

Just minutes! Our entire process is online to save you time. However, if you need a bit of guidance, our team is on standby for any questions you may have.

When can I start saving?

As soon as you receive your new RateWorks loan terms! Start today by getting a quote to see how much you could save.

Should I be concerned about confidentiality?

Nope.  We don’t require any of your personal information to create a quote.  If you like what you see, you’ll have the opportunity to create an application on the spot.

How can I save money?

A lower rate means lower monthly payments.  And if you are managing a tight monthly budget, we can make the terms and payments work for you.

How much will I save?

That depends on your current rate and terms, but we’ve often saved drivers more than $110 per month and $1,200 per year.

If I refinance am I starting my loan over?

Not necessarily. Generally, when you refinance, your new lender pays off your current loan and replaces it new loan with better terms. To learn more about refinancing, check out our blog, What does refinancing mean?

Should I be concerned about my low credit score?

The best way to tell is by getting a quote - there is no obligation and no impact to your credit score!

The RateWorks way

RateWorks is a direct lender, we are with you throughout your journey ahead. We create our own rates, process our own applications, service our own loans, and conduct our own payment processing.

RateWorks

Collects application
Processes application
Services loan
Payment processing

Third Party Lenders

Collects application
Processes application
Services loan
Payment processing

Lead Generators

Collects application
Processes application
Services loan
Payment processing

Why should I refinance my auto loan?

Refinancing your home — or vehicle — is a personal decision based on several factors. And like many things in life, timing is everything.

Why are gas prices so high right now?

The average gas price in the US is now at the highest level in history. Prices are higher than the previous record of $4.10 per gallon.

What’s the difference between a joint auto loan and a co-signed auto loan?

Most people need to take out a loan to make big purchases, like a vehicle. But if you’re new to car loans you may think about asking someone else to help.

With RateWorks, you could start saving today!

Lower your auto loan payments, and lower your rate in a matter of minutes when you refinance your auto loan with us today! It's just that simple.

Free quote