| Refinancing | |
|---|---|
| APR | 4.64%-28.55% |
| Loan Amounts | $5,000-$125,000 |
| Loan Terms | Not specified |
Disclaimer: We are an independent information site, not an insurance company. All figures are estimates for comparison only; table data represents full coverage premiums. Please verify final quotes and terms directly with the insurer.
Caribou requires a minimum credit score of 640 and a minimum monthly income of $2,000. These are fairly standard requirements for auto loan refinancing. You can also apply with a co-borrower, which may increase your chances of approval and help you secure a lower interest rate.
To apply for a loan with Caribou, go to its website and provide basic information about yourself, your vehicle, and your current loan.
Provide some personal details and information about your vehicle to receive quotes; a Social Security number is not required at this stage. This step can take as little as a minute, and you are not required to accept any offers you prequalify for.
You can choose the offer that best fits your needs. This step may also show other products such as insurance, key replacement, cosmetic coverage, total loss protection, or extended protection, but you are not required to accept any of them to complete your application.
At the final stage, you will be asked to provide additional personal information. You may need to upload proof of insurance, residence, or financial information to complete the process. If you are approved, you will sign your new contract. From that point, either you or your lender will need to pay off your previous auto loan.
