Caribou vs the competition
FAST. EASY. CAR REFINANCE.
Caribou vs the competition
Have questions? Get in touch.
FAQs
What is Caribou?
Caribou is an auto refinance and auto insurance marketplace. We shop and compare on your behalf, using technology to make auto refinancing more user-friendly. We offer competitive terms from a network of highly trusted lenders from across the U.S. to ensure we can bring you competitive rates. We are committed to putting the interests of our customers above all else, offering additional products that save them money and protect the value of their vehicles.
How does refinancing my car work?
Refinancing a car loan is similar to refinancing a home loan. The refinance process allows for consumers to replace an existing auto loan by negotiating a new loan, typically with a new lender. The new loan allows the consumer to potentially negotiate a better rate, lengthen the repayment term, and remove or add products like vehicle service contracts.
Can I refinance my car right after I bought it?
Yes, you can usually refinance your car at any time after purchasing it from a dealer. Keep in mind car dealerships often add services and incentives which may end when you refinance the car. This applies to finance-related things like cash back programs, lessee deals, dealership cash offers, rewards programs, and other related things. This does not apply to things like GAP insurance, manufacturer's vehicle warranties, and dealership service contracts.
Can I pre-qualify to refinance my car?
Yes, it is possible to be pre-qualified for auto refinancing. To check your rates through Caribou, you’ll fill out a short application that provides us with general information about you, your current auto loan, and your vehicle. Then our technology gets to work, searching for competitive refi loan options for you in minutes. If you qualify, you’ll see offers from our lenders with no obligation, no impact to your credit score,+ and no SSN required.++
Are there any fees involved with my refi?
Caribou provides services to the lender to help close your loan, such as processing documents and retitling your vehicle. Caribou charges the lender a $399 processing fee solely to cover the costs of these services. Your lender may include the $399 processing fee or other fees in your refinanced loan amount and in the APR that your lender will disclose to you.
1.877.821.1517
A+ rating on Better Business Bureau
4.5 star average
customer reviews
Convenient, transparent refinancing that puts money back in your pocket, with offers from our network of lenders.
How Caribou makes car
refinance easy
See offers in minutes
We’ll find the best pre-qualified loan options in minutes, without impacting your credit.+
1
Select your offer
Pick the offer that works best for you. Our dedicated support can answer any Q’s you might have.
2
Finalize your refinance
Submit a few more pieces of info and we do the heavy lifting to refinance your loan. That’s it!
3
Why refinance through Caribou?
We say yes to
We say
no to
No hassle service
Security and privacy
Calling out any fees
Optional
car value protection
Robocalls
Selling your data
Hidden fees
One-size-fits-all approach
Comparisons based on information obtained on lenders’ websites and customer review websites.
Great rates
Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.
"I saved over $10,000!! They made the process so quick and easy on my end. I was able to do everything off my phone."
Joshua
June 2022 | Trustpilot
Great rates
Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.
“Caribou was very communicative, effective and fast on their delivery of refinancing my vehicle. I am so appreciative of their efforts.”
Christian
June 2023 | Trustpilot
Great rates
Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.
“Everything was so fast and thoroughly explained! They even helped me with extra coverage and saved me money!”
Sergio
June 2023 | Trustpilot
Join 90,000+ happy drivers with more cash in their wallets
4.5 star average customer reviews on Trustpilot
Great rates
Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.
"I saved over $10,000!! They made the process so quick and easy on my end. I was able to do everything off my phone."
Joshua
July 2023 | Trustpilot
4.5 star average customer reviews on Trustpilot
Join 90,000+ happy drivers with more cash in their wallets
Have questions? Talk to
a real, friendly human.
Mon - Fri 9AM - 8PM ET. Sat - Sun 9AM - 4PM ET. Our team of experts are here to make sure you get the most out of your refinance.
Or get started online
Have questions? Talk to a real, friendly human.
Mon - Fri 9AM - 8PM ET. Sat - Sun 9AM - 4PM ET. Our team of experts
are here to make
sure you get the
most out of your refinance.
Refinancing your car has been historically difficult.
Our mission is to change that.
Kevin Bennett
CEO, Caribou
Caribou is trusted by
Your credit score will not be affected+
Your credit score will not be affected+
How Caribou makes car refinance easy
Our commitment to you
We say yes to
We say no to
Robocalls
Selling your data
Hidden fees
One-size-fits-all approach
No hassle service
Security and privacy
Calling out any fees
Optional car value protection
Comparisons based on information obtained on lenders’ websites and customer review websites.
Refinancing your car has been historically difficult.
Our mission is to change that.
Debating who should do your refi? Caribou has that secret sauce that our competitors at Auto Approve, Tresl, Upstart, Rate Genius, My Auto Loan, and Refi Jet, just can’t crack.
HOW CARIBOU CAN MAKE CAR REFINANCE EASIER
Why Caribou?
Save money and get long-term protection
Save up to $141/month or more and safeguard the value of your car.*
It's
fast and easy
The process of working with Caribou is simple and intuitive. You’ll get the information you need quickly and seamlessly.
We're
real people
Our team is here to help with everything you need. We have your back throughout the entire process.
Great rates
Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.
Get a refinance
started in 2 minutes
with Caribou
Check your rate for free
No impact to your credit score+
No SSN required++
Great rates
Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.
No impact to your credit score
+To check the rates and terms you qualify for, we conduct a soft credit pull that will not affect your credit score. However, if you choose a loan product and continue your application, we or one of our lending partners will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
Great rates
Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.
++ No social security number is required to view pre-qualified offers. Your social security number is required should you choose to move forward in the loan application process.
No SSN required