topic Re: Blinker Financial? in Auto Loans

Blinker Financial?

TXinandout — Thu, 06 Apr 2017 13:56:54 GMT

Has anyone heard about this company? I received an auto refinance letter and they claim is a soft pull to view my options.

Thank you.

Re: Blinker Financial?

Anonymous — Fri, 07 Apr 2017 01:13:06 GMT

Never heard of them. With your scores you should refinance with DCU or Penfed. Not much chance anyone will beat their rates.

Re: Blinker Financial?

TXinandout — Fri, 07 Apr 2017 04:41:50 GMT

I thought DCU wanted at least 2 years post-discharge, am I wrong?

@Anonymous wrote:
Never heard of them. With your scores you should refinance with DCU or Penfed. Not much chance anyone will beat their rates.

Re: Blinker Financial?

Anonymous — Fri, 07 Apr 2017 07:21:32 GMT

Sorry, didn't see the BK. I believe you are correct. Probably the same deal with Penfed but I am not sure.

Re: Blinker Financial?

Anonymous — Fri, 07 Apr 2017 08:20:59 GMT

I recently had success refinancing my car with Navy Federal - can't say enough good things about them

As for Blinker? nope, never heard of em

Re: Blinker Financial?

TXinandout — Fri, 07 Apr 2017 18:57:05 GMT

Wow went ahead and let them do the soft pull after answering a few questions and they offered 5.69 %

I actually have a 12%

Re: Blinker Financial?

Anonymous — Fri, 07 Apr 2017 19:21:33 GMT

How did you get in touch with them? I looked it up online and all I found was an article about them. At the time of the article, they were only in Colorado.

Re: Blinker Financial?

TXinandout — Fri, 07 Apr 2017 19:25:13 GMT

They sent me a mail pre-approval for refinance. You need to download the app online from your phone and go to the re-finance part.

Re: Blinker Financial?

Anonymous — Tue, 01 May 2018 04:30:08 GMT

I can highly recommend Blinker. They made refinancing our vehicle as painless as possible. Lowered our rate and term a good bit too.

Re: Blinker Financial?

Anonymous — Fri, 11 May 2018 20:44:00 GMT

Did you end up refinancing thru blinker, I received a similar letter and was thinking of trying but nervous. Thank you

Re: Blinker Financial?

Anonymous — Fri, 11 May 2018 20:46:11 GMT

How has everything gone since the refinance was completed, are you still happy with it or has anything came up that changed your mind? Thanks I'm thinking of trying Blinker but nervous about being scammed.

Re: Blinker Financial?

Anonymous — Thu, 21 Jun 2018 22:33:53 GMT

I tried Blinker from reading this post and seeing it on the auto loan approvals post, and i got a preapproval to refinance my loan to 3.79% (my current loan is 7.58% and i am 3 months post bk discharge).

I have sent everything in and it is now approved and final. They are overnighting the payoff check to my old lienholder.

Easiest refinance process ever.

I also tried refinancing my wife's car and they preapproved her for 7.89% from her current 12.45% rate.

Doing that one next but i definitely recommend.

Blinker even gave me an option of taking a $5000 "cash advance" by adding it to my loan at the 3.79% rate. But i don't need that 5k so i didn't take them up on that.

If you use this promo code (JRRQXQE9) you will get $100 when you complete your refinance

Re: Blinker Financial?

Anonymous — Sun, 03 Jun 2018 18:34:44 GMT

@Anonymous wrote:
I tried Blinker from reading this post and seeing it on the auto loan approvals post, and i got a preapproval to refinance my loan to 3.79% (my current loan is 7.58% and i am 3 months post bk discharge).

I have sent everything in and it is now approved and final. They are overnighting the payoff check to my old lienholder.

Easiest refinance process ever.

I also tried refinancing my wife's car and they preapproved her for 7.89% from her current 12.45% rate.

Doing that one next but i definitely recommend.

Blinker even gave me an option of taking a $5000 "cash advance" by adding it to my loan at the 3.79% rate. But i don't need that 5k so i didn't take them up on that.

If you use this promo code (JRRQXQE9) you will get $200 when you complete your refinance

If you don't mind, what all was "sent in" to secure the loan?

Re: Blinker Financial?

Anonymous — Sun, 03 Jun 2018 18:40:56 GMT

Sure,
This is sent in by the app:
Photo of your driver’s license
Photo of your vehicle registration
Photo of your auto insurance card
Photo of my car’s odometer (mileage)
Current Lienholder Information
Employment information

Sent in by mail to them:
Original copy signed of lien transfer form (state specific)

Re: Blinker Financial?

Anonymous — Sun, 03 Jun 2018 18:43:11 GMT

Excellent. Thank you.

What "employment information" did they require -- POI? Many here, myself included, are self-employed and wonder if tax returns are a requirement.

Re: Blinker Financial?

Anonymous — Sun, 03 Jun 2018 18:48:29 GMT

Well for me they didn’t verify my employment i just simply stated where i worked, how long and what my income was.

My wife is self employed and it hasn’t asked for anything special but hers is still “processing”

Re: Blinker Financial?

Anonymous — Sun, 03 Jun 2018 18:57:39 GMT

Thanks.

I just tried the prequal site and they offered 12.99 up to 25k w/max payment of 500 month. Cap one approved me for more but I don't remember the APR as I'm not wanting to buy anything right now, only to be prepared should I need to. I think I can do better.

Re: Blinker Financial?

Anonymous — Sun, 03 Jun 2018 20:13:53 GMT

Refinance and purchase rates are different.

For purchase i was offered 12.9%
For refinancing it was 3.79% up to 72months

I recommend them for refinancing only.

Re: Blinker Financial?

sccredit — Mon, 04 Jun 2018 21:29:10 GMT

I was offered 8.9% up to $35k. BK7 was discharged March 2018.

Re: Blinker Financial?

Anonymous — Mon, 04 Jun 2018 21:51:28 GMT

If you are purchasing with Blinker keep in mind that you will have to make your purchase from the Blinker app. They do not finance through dealer purchases.

Our refinance process was great with Blinker! 2 1/2 weeks post BK discharge and I got approved for 7.89% and set my term myself to keep near where the payment was at the nearly 19% the loan originally was. I had the loan basically done in under an hour and they got the payoff sent within 48 hours.