Auto Refinance Loans

Thinking About Refinancing? Find the Answers Here

If your monthly auto payment is cramping your budget, you have options. With Auto Loan refinancing, you may be able to lower your interest rate or your monthly payment and get peace of mind about your finances. It can be a great way to put some extra cashback in your pocket.

For members that already own their auto free and clear or with a partial loan balance on it, you may be able to use the equity in your auto to secure a low-interest rate loan. Use funds for debt consolidation, vacation, tuition, and more.

Reasons why you may want to refinance your auto:

  • You think your credit may have improved
  • You didn’t shop around for your loan
  • You financed your auto at the dealer
  • You want to lower your monthly payment or interest rate
  • You have equity in your auto and want to get some cashout 
Cool down your auto loan rates to as low as 2.79% APR¹


New Auto Loan Rates

TermExample Loan AmountAPR As Low As2Example Monthly Payment
36 Month$20,0002.79%$579.77
48 Month$20,0002.79%$440.84
60 Month$20,0002.79%$357.52
72 Month$20,0003.24%$306.04
84 Month$20,0003.99%$273.30


Used Auto Loan Rates

TermExample Loan AmountAPR As Low As2Example Monthly Payment
36 Month$10,0002.79%$289.89
48 Month$10,0002.79%$220.42
60 Month$10,0002.79%$178.76
72 Month$10,0003.74%$155.28
84 Month$20,0013.99%$273.34


TruStage® Auto Insurance is insurance the credit union way! 

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Designed for credit union members like you, the TruStage® Auto Program provides affordable top-quality protection. You could enjoy Special Savings¹ combined with online convenience and 24/7 claims service.

Get your free customized quote from our Local Representative

Frequently Asked Questions

What is a auto refinance loan?

It is a new loan used to pay off the existing balance on your auto loan. If you initially financed your auto loan at an unfavorable rate or monthly payment, you can refinance to try and benefit from a lower rate or payment. It could also save you money on the overall interest you are paying on your loan.

Do members have access to discounts?

Yes! As a valued member of Viriva, you can receive exclusive loan rate discounts on your next Auto Loan, up to .75% off*. Learn More about our member loan rate discount options.

How do I know if an auto refinance is right for me?

Ask yourself:

  • Can I get a lower rate through a refinance?
  • Has my credit score improved since I first got the loan?
  • Is my current monthly payment a financial burden right now?
  • Can I improve my monthly budget with a lower car payment?

If you answered yes to one or more of these questions, a refinance may be a good option for you. Connect With Us to find out more.

What are some of the benefits of refinancing my auto loan?

If approved, you may be able to take advantage of a number of benefits, including:

  • Lower interest rates
  • Reduced monthly payments
  • A break in your car payment schedule - your first payment can be deferred up to 45 days
  • Member benefits and discounts
How do I get started with an auto refinance loan?

You can apply online here or call us at 888-7-VIRIVA



Viriva Auto Refinance Loan Program Includes:

  • Exclusive member loan savings offers
  • Member’s Choice Borrower Security Debt Protection option
  • Guaranteed Asset Protection option (GAP)
  • Mechanical Repair Coverage option (MRC)


1. 2.79% rate is the lowest Annual Percentage rate (APR) available and is for well-qualified borrowers. Your APR may be higher and is based on your creditworthiness and vehicle condition. No other discounts can be applied. Example payment: borrow $10,000 with a 36-month loan term at 2.79% APR for a monthly payment of $289.89, excluding insurance and available optional protection plans. Insurance required for life of the loan. Existing Viriva loans may refinance with an additional $500 in new money. Minimum loan amount is $500. Maximum loan amount and term based on credit and collateral. Membership and other vehicle and loan restrictions may apply. Contact us for details.

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