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Cash-Out Refinance Auto Loans

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Get a loan that better fits your needs

Do you want to pay off an existing auto loan with a new personal loan and also have extra funds for other purposes? If you have equity in your automobile, which means your car is worth more than what you currently owe on your auto loan, a cash-out auto refinance loan may be something to consider. 2

To get started, fill out our online application. After you submit your application and verify your identity and income, you will speak with a OneMain personal loan specialist about the details of your vehicle. Be prepared to provide information about your vehicle, which includes the make (Ford), model (Taurus) and year, along with the Vehicle Identification Number (VIN) and mileage. The personal loan specialist will assess the value of your car and determine the potential cash-out amount.

One of the advantages of a personal loan that is a cash-out refinance is that the cash-out portion may be used for purposes other than to pay off your existing auto loan. For example, if you’re approved for a $5,000 loan, you could pay off your existing auto loan with a $4,000 outstanding balance and use the remaining $1,000 to pay down other bills or make a major purchase.

At OneMain, we understand you might need a loan to improve your financial situation. Our personal loan specialists are committed to helping you find a loan built for your needs in a timely manner. Put the brakes on your current auto loan - apply now for a cash-out refinance auto loan!

2 Before you refinance your existing balance to obtain additional money, you should carefully consider the advisability of increasing your debt, your monthly obligations and the term of repayment. The overall cost of refinancing an existing balance may be greater than the cost of separate financing, if it is available. If you are a current customer, we may require that your existing loan balance with us be paid off by the new loan and, if there is collateral on your existing account, we may require collateral on the new loan.

A cash-out refinance loan can help you:


OneMain Financial is an easy way to get a loan or refinance. It is a fast and quick way to get money. The Santa Maria, CA branch is especially nice to work with because their staff is very knowledgeable about the process, from start to finish! 3

Wayne H.8/23/18

I am a mother and a friend who will help out a stranger with their problems before my own. Well that put me in a bind and I am a divorced, single mom with too much pride to ask for help. I just needed a few hundred dollars to catch back up and One Main did better than that. I was crying when I left my loan closing, I did it all on my own, I refinanced my car with a lower payment and enough extra to catch me up and more plus give me peace again. Sleepless nights and relentless phone calls from the bank were over!!! Thank you so much for helping me out!! I was so used to no's when I needed help this blew me away! 3

Misty C.8/21/18

3 These customer testimonials reflect individuals’ personal experiences, so you may not have the same results. The testimonials were submitted for Springleaf, which has changed its name to OneMain.