Where does Innovative Funding Services do business?

Innovative Funding Services is a marketplace lender based in Austin, TX. It was founded in 2007 and offers auto loan refinancing in Washington, DC and 50 states.

What are Innovative Funding Services’s auto loan refinancing rates?

Innovative Funding Services offers refinance loans with APRs starting at 2.49% and up to 25%.

What is the maximum loan term for a Innovative Funding Services refinance loan?

Innovative Funding Services offers auto refinancing loans with terms of up to 84 months.

Does Innovative Funding Services charge an origination fee?

No, Innovative Funding Services does not charge a loan origination fee. .

What is Innovative Funding Services’s eligibility criteria?

Innovative Funding Services requires borrowers to have a credit score of at least 500 to apply.

To qualify, applicants must provide the following documentation:

- Driver license

- Proof of citizenship or residence permit

- Recent pay stubs

- Recent bank statements

What is the estimated funding time for a Innovative Funding Services auto loan refinance?

Innovative Funding Services will typically approve (or deny) a loan application within 24 hours and fund it the same day the loan application is approved.


  • Payment Options
  • APR
    2.49% - 25%
  • Max Loan Term (Months)
  • Credit Score Range
    500 - 850
  • Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
  • Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
  • Minimum Age
  • Minimum Annual Income
  • Supported Income Types
    • 1099 Misc. Income
    • Cash / Other
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
  • Verification Documents Required?
    • Recent bank statements
    • Recent pay stubs
    • Driver license (or other photo ID)
    • Proof of citizenship/residence
  • No Origination Fee
  • Institution Type
    Marketplace Lender
  • Approval Speed (Hours)
  • Deferred Payments
  • Joint Loans Available
  • Funding Time
    Same day
  • Credit Bureau Reporting
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0 votes

I was approved by ifs for a loan and Jose contacted me with an approval. He was extremely pushy, trying to get me to sign papers and over the course of a week had quoted me 2 different aprs and 3 different payment prices! Extremely unprofessional as he would not answer my calls, just email, and would not give me answers to ANY of the questions I had about the process, such as giving IFS power of attorney. Perhaps this is standard but if you've never been through this process ... than that seems a little questionable. He was less than helpful, and the only thing he wanted was for someone to sign papers, not to gain a customer. Hopefully if IFS cares, they'll release this man from their company as he is hurting their business More Less

0 votes

I would like to file a formal complaint about Jose Sosa. He has not only wasted a tremendous amount of time, he is also unprofessional and full of excuses.

My experience from beginning to end: I submit a an application to refinance our auto loan I receive an approved email and a call/vm by Jose I call him back and straight to vm, then he is gone for vacation

I request to be transferred to a different rep that I can talk to over the phone on his vm He comes back from vacation and ... tells me I need to submit DL, Registration, Insurance, Pay-stub, Odometer reading and sign the Docusign, I try to call, no response. He then sends the terms and new rates over email - no phone call.

I sign the Docusign and turn in all of the required documents on 7/8/2015 I follow up with the email below because my due date for Santander is due 7/20/15 Jose replies, he hasn't received any documents I call him again and he said it is my fault. He is full of excuses.

What kind of service is this? Is he suppose to represent your company? Are we suppose to trust this horrible experience over our current bank??

Conclusion, he gets all the documents and says, you are not approved due to not having a Driver's License. I mean pardon my french but WTF?!! I am very pissed off. His communication skills are awful and he should have qualified me from the beginning before wasting my time.

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