Repayment of loan
Following the processing of your loan, you will be sent a loan package that will indicate the date that your monthly payment is due. The due date is typically set to 45 days after the contract approval date. Those who apply and meet the requirements might also be able to put off their payments for up to three months.
Additional costs
The fees Auto Approve charges vary by state and the refinancing type. You can expect the following fees:
Administrative
Doc
Title transfer
State.
The company doesn’t charge an application fee, though. The fees will be stated in your loan agreement and will be added to your loan amount. They will increase the total loan cost, you won’t need to pay the fees separately.
The additional costs may also include insurance, warranty, or taxes payments.
Early payoff
The organization does not charge an application fee and does not charge a penalty for paying early. When you apply with Auto Approve, there won't be any costs associated. But if your application for the loan is approved. In that case, pay administrative and paperwork fees, fees for transferring the title of the vehicle, fees to the state (if necessary), and any other costs that come with refinancing a car loan.
