Is RateGenius real?
RateGenius is an online agency, not a lender, and its platform connects applicants to more than 150 lending partners (mostly credit unions) to help determine your refinancing eligibility.
Does RateGenius affect credit?
No. A credit inquiry by RateGenius for a prescreened offer is considered a “soft inquiry” by the credit reporting agency. The soft inquiry is used for marketing purposes only. This means your credit score is not affected.
How much does RateGenius cost?
On top of this expense, you can expect to be charged a $125 “RateGenius fee” (application fee) for using their service. You will have the option to pay the RateGenius fee up-front in a lump sum, or you can make monthly payments.
How do you pay a genius?
How can I pay my rateGenius bill? You can pay them on doxo with credit card, debit card, Apple Pay or bank account.
Is RateGenius good for refinancing?
If you're in the market to refinance your auto loan, RateGenius may be a good place to begin your search. With a network of more than 150 lenders with varying requirements, the loan comparison platform aims to help you compare rates.