A DCU Auto Loan Check is a check made out to you that's good for up to your approved loan amount. You can use it to purchase a car at any licensed dealer. Since you already have financing arranged before you shop, you can focus on negotiating the lowest price you can for the car you want like you are paying with cash in hand.
You can use it for a new or used auto, truck, or van. Some restrictions may apply, contact us for details. The Auto Loan Check cannot be used for a private sale or to refinance a loan at another institution.
If you've already applied for a loan, just give us a call or email us to request an Auto Loan Check. If you haven't applied yet but are interested in buying a car, log in to Online Banking from the homepage to see if you're already approved for a DCU Auto Loan (look for a message in your Account Manager Inbox). You can accept your loan online and check the box for an Auto Loan Check at the bottom of the acceptance form. You can also stop by any branch.
DCU will send you your Auto Loan Check and you'll be driving your new vehicle in no time. If you're not yet approved, don't worry. Applying is easy. You can request your check when you apply.
Once you know how much you want to borrow, make sure the blanks on the face of the check are completed as follows:
When the check clears from the dealer, we'll establish your loan according to the amount and term you have specified on the face of the check. It's as easy as that.
sing this auto check is very convenient and easy with no hassle of dealing with the dealership finance people trying to up-sell you.Read More Reviews
My Credit Score wasn't good, yet they help me with my car Loan, not even my current bank help me. Which is Bank of America coz obviously my credit score is not good, yet Im so Grateful in DCU coz they Trust me. Im car loan so far is doing well. They have the lowest APR I ever get, its easy to pay through their online bankingRead More Reviews
This is the best car loan deal out there. Applied online and got a call from DCU the next morning telling they are sending an auto loan check via 1 day delivery for the amount I requested. APR is awesome! I never expected I could get such a low APR with my current credit score. Took the auto loan check to the dealer, negotiatedRead More Reviews