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Caribou Review
Reviews 1,226
Caribou is most suitable for car owners who are looking to refinance with the lowest possible rates. It partners with dozens of local and national lenders to bring you competitive rate offers and loans up to $125,000. While the most suitable rates are reserved for borrowers with excellent credit, Caribou allows you to add a co-borrower to improve your offers. Caribou is available in 46 states.
Caribou only offers auto refinance loans, not loans for vehicle purchases. Too many people ended up with a rough deal on their initial car loans and have felt powerless to change that. At Caribou, refinancing your auto loan is a simple, transparent process. Their dedicated customer support and partnerships with top local and community lenders bring customers great rates and lower monthly payments. This ultimately saves customers an average of $130 per month¹ on their car payments with interest rates as low as 4.64%*.
You can easily prequalify for multiple offers to compare from different lenders before deciding on a loan. In addition, when you refinance through Caribou you can save an average of 5.1 percentage points on your APR of your car loan.
To get started with Caribou, enter information about yourself, your vehicle (including the VIN), and your credit score in the online pre-application. You don’t need to enter a social security number or agree to a credit check. Caribou will find offers from multiple lenders and allow you to easily compare loan options.³
If you find an offer you like, you can complete the application process online. Caribou allows you to easily upload supporting documents like paystubs. And, depending on your offer, you may have the option to add an extended vehicle protection policy to your loan.
Caribou offers auto refinance loans up to $125,000 with rates as low as 4.64%* interest. Note that some lenders may charge a processing fee of $499 or other fees.
Caribou loans have terms from 24 to 84 months. You can compare loan offers to choose the term that’s right for you.
Caribou partners with Equifax and Carfax to ensure the loan offer process is as straightforward as possible. The company also uses DocuSign for document processing and secures the online application with SSL encryption. Caribou is accredited by the Better Business Bureau and has an A+ rating.
If you need help with your auto refinance, Caribou offers support by phone and email from Monday - Friday, 9am - 8pm EST
Saturday - Sunday, 9am-4pm EST. Your loan is arranged through a third-party servicer, so you will need to contact your loan provider directly for questions about payment.
Phone: 1-877-445-0070
Email: contact@gocaribou.com
| Caribou | RateGenius | MyAutoLoan | |
|---|---|---|---|
| APR | 4.64%* | Varies | 4.93%-18.99% |
| Minimum credit score | 600 | 550 | 575 |
| Loan amounts | $5,000–$125,000 | $12,000–$100,000 | $5,000–$99,000 |
| Loan term | 24–84 months | 24–84 months | 24–84 months |
| Suitable for | Auto refinancing with low rates | Borrowers with poor credit | Lower monthly payments |
Caribou streamlines the process of refinancing your auto loan and makes it easy to get the lowest possible rate. You can compare offers from multiple lenders without a credit check and without submitting your social security number.³ If you want to go ahead with an offer, you can complete the application process easily online. Caribou offers loans up to $125,000 and saves customers an average of over $130 per month¹ on car payments.
Caribou, 1200 17th Street, Suite 200, Denver, CO 80202
*APR is the Annual Percentage Rate. Your actual APR may be different. Your APR is based on multiple factors, including your credit profile and the loan-to-value of the vehicle. APR ranges from 4.64% to 28.55% and is determined at the time of application. The lowest APR is available for a 36-month term to borrowers with excellent credit. Conditions apply. Advertised rates and fees are valid as of 10/7/25 and are subject to change without notice.
¹ This information is estimated based on consumers whose auto refinance loan was funded through Caribou between 7/1/2025 and 9/30/2025, had an existing auto loan on their credit report, and selected a loan offer to reduce their monthly payment. Average monthly payment savings of $151.
² This information is estimated based on consumers whose auto refinance loan was funded through Caribou between 7/1/2025 and 9/30/2025, had an existing auto loan on their credit report, and selected a loan offer to reduce their monthly payment. These borrowers saved an average of $151 per month, with annualized savings of $1,812 per year. Refinance savings may result from a lower interest rate, longer term, or both. There is no guarantee of savings. Your actual savings, if any, may vary based on interest rates, the repayment term, the amount financed, and other factors.
