Where does State Farm do business?
State Farm is based in Bloomington, IL. It was founded in 1922 and offers auto refinance loans in state across the USA.
What are the auto loan refinancing rates offered through State Farm?
APRs for auto refinance loans through State Farm range from 2.54% .
What is the maximum loan term for a State Farm refinance loan?
State Farm offers auto refinancing loans with terms of up to 84 months.
Does State Farm charge an origination fee on auto refinance loans?
Yes, State Farm charges a loan origination fee.
Does State Farm charge a late fee?
Yes, auto refinance loans via State Farm are subject to late payment penalty fees.
Does State Farm charge prepayment fees?
Yes, State Farm does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment feees can reduce or even cancel the interest savings of repaying a loan early.
What are the key eligibility criteria for State Farm auto loan refinancing?
State Farm requires borrowers to have a credit score of at least 700 to apply for auto loan refinancing.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Proof of citizenship or residence permit
- Recent pay stubs
What is the estimated funding time for an auto loan refinance with State Farm?
Auto refinance loan applications are typically approved (or denied) within 48 hours and funded within 1 to 7 days of approval
Max Loan Term (Months)
Credit Score Range
700 - 850
Employment Statuses Considered
- Employed Full-Time
- Employed Part-Time
Immigration Status Considered
U.S. Permanent Resident
Joint Loan Applications Accepted
Only Individual Applications
Maximum Vehicle Age
- Active Duty Military
- Military Dependent
Verification Documents Required?
- Recent Pay Stubs
- Driver License (or other photo ID)
- Proof of citizenship/residence
"Not all applicants will qualify for the 'as low as' Annual Percentage Rates (APR) shown. Factors that may impact the final Annual Percentage Rate offered include the applicant(s) Credit Score, Loan Amount, Term, Collateral Model Year, and Loan Type."
SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
No reviews found.
Be the first to write a review for this company!
Write a Review
Other Auto Loan Refinancing companies