gravitylending.com FAQ

What is gravitylending.com?

Gravitylending.com is an online platform that facilitates auto loan refinancing, aiming to help consumers reduce their monthly car payments or lower their interest rates by connecting them with various lenders.

Is gravitylending.com a legitimate company?

Yes, in the conventional business sense, gravitylending.com appears to be a legitimate, operational business.

It has an active website, contact information, and a documented domain history.

However, from an Islamic perspective, its legitimacy is challenged due to its reliance on interest (riba), which is prohibited. How Does Empire89.com Work?

How does auto refinancing through Gravity Lending work?

Gravity Lending’s process typically involves three steps: first, you fill out an online application or call them.

second, you receive and choose from various loan offers from their network of lenders.

and third, you electronically sign the documents to finalize the new loan. The new loan then pays off your existing car loan.

What kind of “savings” does Gravity Lending claim?

Gravity Lending claims “Avg Savings/Mo” of $105 and advertises “4.99% Rates As Low As.” These are potential savings on monthly payments or overall interest, depending on your current loan terms and the new offer you receive.

Does Gravity Lending charge hidden fees?

Gravity Lending states, “Save More with No Hidden Fees or Rate Markups!” This suggests they aim for transparency regarding their own fees. morriscookbooks.com Refund Policy Explained

However, any conventional loan will still involve interest as the primary cost, and other lender-specific fees might apply.

Can I skip payments with Gravity Lending?

Gravity Lending advertises a “Skip Payment Up to 90 Days” feature.

It’s important to understand the terms of this feature, as interest typically continues to accrue during the skipped period, potentially increasing the total cost of your loan.

Is Gravity Lending suitable for Muslims?

No, Gravity Lending is not suitable for Muslims because its core business model relies on interest (riba), which is strictly forbidden in Islam.

Engaging in interest-based transactions is considered impermissible. globaltradeplaza.com Review & First Look

What are the ethical concerns for Muslims regarding Gravity Lending?

The primary ethical concern is the prohibition of riba (interest) in Islam.

Any financial transaction involving interest, whether paid or received, is considered unlawful, regardless of how beneficial it may seem in conventional terms.

What information do I need to apply with Gravity Lending?

To apply, you would typically need to provide personal information (name, address, contact), employment and income details, Social Security Number for a credit check, and details about your current vehicle and existing auto loan.

Will applying to Gravity Lending affect my credit score?

Submitting a full application with Gravity Lending will likely result in a “hard inquiry” on your credit report, which can cause a small, temporary dip in your credit score.

Initial rate checks might be “soft inquiries” that do not affect your score. Who Owns Empire89.com?

What are some ethical alternatives to auto refinancing for Muslims?

Ethical alternatives include Murabaha (cost-plus sale), Ijara (leasing with option to purchase) through Islamic financial institutions, Qard Hasan (interest-free benevolent loans) from community organizations, or simply saving up to purchase a car with cash.

Are there Islamic banks that offer car financing?

Yes, there are Islamic banks and financial institutions in various parts of the world, including the U.S., that offer Sharia-compliant car financing products, typically through Murabaha or Ijara models.

Examples include Lariba Bank and similar institutions.

How transparent are Gravity Lending’s rates?

Gravity Lending advertises “Rates As Low As 4.99%.” While this is a clear starting point, the actual rate you receive will depend entirely on your creditworthiness and other financial factors.

Full transparency of your specific offer occurs after applying. My Experience with morriscookbooks.com

Can I apply for auto refinance with bad credit through Gravity Lending?

While Gravity Lending doesn’t specify credit requirements on its homepage, generally, the lowest advertised rates are for individuals with excellent credit.

If you have bad credit, you might still qualify, but at a significantly higher interest rate.

What is the phone number for Gravity Lending customer service?

The phone number provided on gravitylending.com for customer service and inquiries is 888-602-1125.

What is the domain history of gravitylending.com?

According to WHOIS data, the domain gravitylending.com was created on April 10, 2019, and was last updated on October 26, 2022. Its registry expiry date is April 10, 2026, indicating a stable and ongoing operation.

Does Gravity Lending have an app?

Based on the provided homepage text, there is no direct mention or link to a dedicated mobile app for Gravity Lending. Their services appear to be web-based. What to Expect from morriscookbooks.com

How quickly can I get approved through Gravity Lending?

Gravity Lending’s “3 Simple Steps” imply a streamlined and relatively quick process.

While approval times can vary by lender and individual application completeness, online refinancing platforms often aim for approvals within a few business days.

What should I do if I already have an interest-based auto loan?

If you currently have an interest-based auto loan and are a Muslim, the best approach is to pay it off as quickly as possible without incurring further interest.

Focus on aggressive budgeting and repayment to eliminate the impermissible debt.

Where can I find more user reviews for Gravity Lending?

You can typically find more user reviews for Gravity Lending on platforms like Reddit (by searching “gravity lending reddit”) and Trustpilot (by searching “gravity lending Trustpilot reviews”), where real users share their experiences. Is pdn.express a Scam?