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Cash-out Refinance Loans

Get more from your refinanced auto loan — like extra money.

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This won’t affect your credit score.

Pay off your current auto loan with a new loan for more than you owe. Use the difference for other expenses.1

Cash-out refinancing2 can help you refinance your auto loan and borrow extra money at the same time. If you could use more money in your pocket or need to pay off other expenses like credit card bills2, this should get your motor running.

How does a cash-out refinance auto loan work?

Cash-out refinancing replaces your current auto loan with a new personal loan for more than what you owe. The amount of money you receive is based on how much equity you have in your vehicle. Equity is the difference of what your vehicle is currently worth and how much you still owe on your loan.

To determine how much equity you have, a OneMain personal loan specialist will follow up with you after you submit a loan prequalification form. They’ll ask for basic details of your vehicle such as make, model, year, mileage and Vehicle Identification Number (VIN). Then, the loan specialist will inspect the vehicle in person, assess its value based on the details you provided and the vehicle's condition and determine the potential cash-out amount.

Why should I choose OneMain for cash-out refinancing?

At OneMain, we understand each customer is unique. That’s why we take the time to ask questions, listen and find a personal loan solution that works for you. We also know that customers interested in cash-out refinancing loans usually have plans for the money. Whether it’s funding a home improvement project or paying off debt², we can help make it happen.

Today’s the day. See if you prequalify for a cash-out refinancing loan!

Benefits of cash-out refinancing include:


Fixed interest rate

Dollar Sign

Extra money in your pocket


No prepayment fees

Don’t wait to refinance and get the money you need.See if you prequalify for a OneMain personal loan now.

Check for Offers

This won’t affect your credit score.

Real stories of how OneMain customers used their personal loan.3

“They have always been there for me when I needed them. My first loan was for remodeling my home then 4 weeks later my car broke down. I needed to borrow again and they came through for me once again. I will not borrow money anywhere else. Thanks OneMain.”3

— Scott S., 11/25/18

“Very compassionate to our needs. Ashley was very helpful. He made it possible for us to get our car fixed. Thanks Ashely. I would recommend OneMain and Ashley to all my friends. Thanks again, Ashley.”3

— Randy L., 11/27/18

3 These customer testimonials reflect individuals' personal experiences, so you may not have the same results