Buying a new car is an exciting prospect, but one that can require unexpected decisions. InTouch Credit Union provides helpful tools and information to help guide you in your vehicle search with our Auto Buying Help. From loan calculators to preferred dealerships, InTouch is here to help.
For example, there's the common rebate dilemma: typically, dealers pose a choice between a rebate and their lower in-house financing rate as an incentive to finance through them. Use our Auto Rebate Calculator to determine which is more cost effective for you. Often, you will find that the best road to the best deal is to finance through your local credit union and take the dealer’s rebate.
Get Started Today with your New Auto Loan!
Buying a used car can be a great decision. You can often save quite a bit of money on the purchase price by finding a good quality used vehicle.
InTouch Credit Union offers you fantastic resources on our Auto Buying Help page. There, you’ll find helpful tools and information to help guide you in your vehicle search.
Using the variety of calculators offered by ITCU can help you to compare payments of different loan amounts, the effects of different loan terms, and other facets of paying for the vehicles that you are considering.
Get Started with Your Used Car Loan Right Away!
If your auto loan’s terms are not working well for you, then maybe it is time to refinance your auto loan at InTouch Credit Union. We can help you determine whether a change to the term, the payments, or the rate is right for you.
Our Auto Loan Calculator factors in your interest rate and terms to figure out your monthly payment. Or work backwards from a monthly payment you can afford to see which term is right for you.
Car ownership can be challenging, but InTouch Credit Union wants to put you on the smoothest road possible with information and services that offer the help you need when you want it.
Keep Your Car but Lower Your Payment!
A: Yes, use the InTouch Credit Union Car Buying Experience Powered By TrueCar® to help build and find the vehicle you are looking to buy, and providing information about vehicles inventory of dealers.
A: You need to get it.
Your Loan Agreement requires that you carry physical damage insurance coverage, homeowner’s insurance coverage, or flood insurance coverage to protect the Credit Union’s interest. Please notify ITCU once you have obtained the required insurance.
You can do it yourself— Please contact the insurance agent or insurance company of your choice to obtain coverage, making sure to name InTouch Credit Union as Loss Payee/Lienholder on your new policy.
Or, we can do it for you.
If you don’t obtain your own insurance, your signed Loan Agreement allows ITCU to purchase insurance to protect our interest in your collateral and add the premium for the purchased insurance to your loan balance. It also allows ITCU to increase your payments to cover the cost.
The insurance purchased by InTouch Credit Union usually is considerably more than the cost of insurance you may be able to obtain on your own, and only protects the Credit Union’s interest in your collateral. It will not provide any bodily injury or property damage liability coverage, nor meet any financial responsibility or no-fault laws. The insurance will not provide medical insurance, uninsured motorist or underinsured motorist coverage.
A: You should submit proof of insurance online, using the secure tools we set up for this purpose, or by mail or Fax.
Submit Proof of Insurance Online
A: One of the requirements of the Loan Agreement you signed with InTouch Credit Union is to provide comprehensive and collision coverage, homeowners insurance coverage, or flood insurance coverage protecting the Credit Union’s interest for the full term of the your loan. You are responsible for notifying ITCU that you have this required insurance.
A: You can change your application before you submit it, even if you need to stop and come back to it later. However, after you submit it you'll have to contact us at (800) 337-3328, or at [email protected] referencing your Application Number to provide any changes.
A: Generally speaking, we will reply within the next 1 business day after receiving the application.
A: Credit Score, Down Payment and Co-Applicant are just some of many factors taken into a lending decision. There is not a minimum credit score or down payment that guarantee loan approval. We recommend that you submit your application and let us look at all of the factors which go into an underwriting decision.
A: If you have it, sure, please share it. If not, it is not needed to start the loan process.
A: The title will be released to you once the load is paid in full. Registration can be a bit trickier: ITCU will not process registration unless it is through a buyer/seller purchase. Registration can be renewed or applied for at your local DMV.
A: Yes, you can pay more each month with your regular payment or even pay a lump sum but always ensure we know that's what you're doing so your monthly payment schedule is not thrown off. There is no early-payment fee!
A: You can find this information through Online or Mobile Banking, chatting via our website, or by calling us at 800-337-3328.
A: You may make payment in-person, at any of our branches, via Online or Mobile Banking, through the mail to our PO Box (by check or money order, do not send cash) or by setting up an electronic payment transfer from one of your InTouch accounts or a third-party financial institution. You can also set up an automatic payment via Oline Banking.