Cruise into Cash
Get 2% cash back - up to $750 - when you refinance your auto loan with Telhio
How it works
Apply
Complete an application with your current loan details
Review
Finalize
Finalize and close your loan with us
Receive Bonus
Auto Rates
Product
Rate as Low as
APR as Low as
Product
New Auto*
Rate as Low as
4.49%
APR as Low as
5.046%
Product
Used Auto**
Rate as Low as
4.89%
APR as Low as
5.448%
Rates effective on May 6th, 2026.
A $175 doc prep fee applies. Additional discounts may be available. Certain restrictions and credit evaluation may apply. Rates are subject to change without notice. Rates and term subject to underwriting guidelines and credit approval. Rate disclosed is based on a highly qualified credit candidate and may vary.
*Example: A $15,000 vehicle loan with no down payment will be paid in 48 months with a payment of $345.75 at the disclosed APR. APR=Annual Percentage Rate.
**Example: A $15,000 used vehicle loan with no down payment will be paid in 48 months with a payment of $348.48 at the disclosed APR. APR = Annual Percentage Rate.
**Example: A $20,000 motorcycle loan with no down payment will have a payment of $480.45 for 48 months with disclosed APR. APR = Annual Percentage Rate.
***Example: A $20,000 RV loan with no down payment will be paid in 60 months with a payment of $401.58 at the disclosed APR. APR = Annual Percentage Rate.
Auto Refinance FAQs
Q Why refinance my car loan?
There are many motivations to refinance your auto loan. Your current loan might have a higher rate than you like, or a lot of extra costs you didn't know you agreed to. Maybe your credit score has improved and you'll qualify for a lower rate, or interest rates in general might be lower than what they were when you closed on your loan. Whatever your reason might be, refinancing often means you can lower your monthly payments.
Q Does refinancing hurt my credit score?
Refinancing typically requires a hard credit inquiry, which may cause a small, temporary dip in your score. However, securing a lower rate and maintaining on-time payments can improve your score long term.
Q
What documents are needed to refinance?
You'll typically need:
- Driver's license
- Vehicle information (VIN, mileage)
- Current loan statement
- Proof of income
- Proof of insurance
Q
What’s the difference between refinancing and loan modification?
Refinancing replaces your existing loan with a new one. Loan modification changes the terms of your current loan through the same lender, often due to financial hardship.
Q When Should You Refinance Your Car Loan?
Refinancing may be a smart move if:
- Your credit score has improved
- Interest rates have dropped
- You financed through a dealership at a higher rate
- You want to adjust your loan term
Additional services
Telhio Credit Cards
Lock in a low introductory rate on purchases and balance transfers for 2 years with the Telhio ZERO+ Credit Card
Certificate of Deposit
Lock in a market-leading 3.75% APY on a 24-month CD and watch your savings grow.
Additional Vehicle Coverage
If you haven't gotten a car insurance quote lately, your credit union membership could help you save hundreds of dollars.
*Offer for Telhio members only. Limit one cash back offer per vehicle refinanced. Valid on auto loan refinances from 5/1/2026 through 6/30/2026. Receive 2% cash back, up to $750, when you refinance an existing non-Telhio auto loan with Telhio. 2% cash back is calculated using the amount of Telhio loan proceeds used to pay off the existing loan and may not be the full amount of the Telhio loan. Cash back does not include any portion of the loan used for cash-out purposes. Valid on car and consumer use truck loans only; no motorcycles, RVs, or boats. Not valid on lease buyouts. Minimum loan amount of $5,000. Not valid with any other promotion. Not eligible with employee discount. Cash back may be forfeited if loan is paid off within six months. Offer subject to credit and underwriting guidelines. A Telhio checking account is required to receive the cash back offer. The checking account must be open prior to the loan funding, and the cash back will be deposited into Telhio checking account at loan funding. Cash bonus may be considered income and reported on IRS Form 1099-INT. Telhio reserves the right to modify or eliminate this offer at any time.
