Our Plano branch will remain temporarily closed due to water damage. We apologize for any inconvenience this may cause, and invite you to visit one of our other branch locations.
If you didn't get your auto loan from CUTX, you may be paying too much. Let us try to get you a better rate, which can mean a lower payment and overall savings. Our auto loan specialists are experts at uncovering hidden fees and markups and can look at your current loan details to see where we might be able to save you money.
We're driven by the desire to help our community and provide the best possible financial services for our members. Unlike big banks that prioritize profits over people, we always put the needs of our members first and would love to help you save money and refinance your auto. Give us a call and see what we can do for you!
Get a decision in 20 seconds or less using our auto loan short app! You're already on our website, so just click the button below to get started and you'll be able to complete the process as fast as you can type. If you'd prefer to talk with someone about your current auto situation instead, you can always contact us at 972-705-4840.
Most people refinance their vehicles because they can save a lot of money compared to their original loan. Perhaps the dealer gave you a higher rate than you should have had, or included extras you didn’t know you agreed to. Perhaps your credit score has improved and you qualify for a lower rate, or interest rates have fallen since you got your current loan. Whatever the reason, refinancing often means that you have the very same car for a lot less money every month.
Savings depend on many factors including whether you qualify for a lower interest rate than you currently have, whether you have extra charges on your current loan that you wish to do away with, whether interest rates have risen or dropped since you got your loan. Use the Auto Refinance Calculator to get an estimate of how much your new payments might cost.
Refinancing makes the most sense when:
A refinance can usually be completed in a day or two. The approval process for a refinance can take as little as a few minutes. After your new loan is signed, you have 90 days with no payments before you begin making payments to CUTX with your new, lower monthly payment, but remember interest begins the day your loan is funded.
CUTX requires that you carry proper insurance on your loan. To verify insurance, please click here and provide the declaration page provided by your insurance company that shows Credit Union of Texas listed as lien holder. A copy of your insurance card is not acceptable for this documentation.
If you prefer to send us your proof of insurance by mail or fax, please mail a copy of your declarations page to:
CUTX
PO Box 690588
San Antonio, TX 78269
This address is for providing proof of insurance only. Please do not send your loan payments to this address.)
You can also contact us with any other questions about providing proof of insurance at these numbers:
866-382-0069 Insurance Service Center
866-830-7922 Fax
1. APR = Annual Percentage Rate. Rate shown is the lowest rate available for up to 24 months on new autos, up to 36 months on used, no additional discounts apply, and is accurate as of April 8, 2020. Loans and Rates are subject to credit approval. Rates and terms are subject to change without notice. Offer excludes all loans already financed at CUTX.
2. Interest will accrue during the deferment period. To be eligible for the no payment for 120 days applicant must have FICO score of 680 or above.
