Auto Pre-Approval Disclosures

Loan Protection Disclosure

Payment protection products are not a deposit; not NCUA Insured. Credit life protection and credit disability protection is through CUNA Mutual and are not required to obtain credit and will not be provided unless you sign and agree to pay the additional cost. Guaranteed Asset Protection (GAP) is administered through First Innovations. Vehicle Service Contract is administered through First Innovations. Certain restrictions and limitations may apply. 

Skip a Payment Disclosure

All signers on the account must agree. We accept payments at any time, however, extra payments will not change the due date of the next scheduled loan payment. Interest will accrue during the skip pay period and when payments resume, unpaid interest will be collected first. A $25 fee for loan payments under $150 and a $35 fee for loan payments over $150 will apply In all other respects, the provisions of the original agreement remain in full form and effect. This may/will affect Credit Life and Disability Coverage, GAP, or Mechanical Breakdown Coverage on your loan. Please refer to your contract. Members with NSF/Overdraft with over 20 days due or overdraft balance over $800 do not qualify. Members cannot have any charge-offs with the credit union. Members are only allowed two Skip-A-Payment every twelve months per loan. Members must provide a valid mailing address. Certain restrictions apply. Loan types that do not qualify for a Skip-A-Payment include Secured and Platinum Mastercards, Commercial Loans and Business Mastercards, Home Equity Loans, Personal Lines of Credit, Flex Loans, and loans included in a bankruptcy. By participating in the Skip-A-Payment program, you authorize CUTX to advance your loan due date by one month on the eligible loan(s) you select and acknowledge that this may extend the maturity date of your loan(s).

No Payment for 60 Days Disclosure

Interest will accrue during the deferment period. Offer excludes existing auto loans already financed at CUTX.

Financing Terms and Conditions

Final financing and terms are subject to verification and review of any requested information or documentation. Subject to collateral and loan-to-value (LTV) requirements. The vehicle cannot exceed 120% of LTV based on MSRP (new vehicles) or NADA Retail (used vehicles).

APR Disclosure

APR = Annual Percentage Rate. Your final annual percentage rate will depend on the vehicle, the amount financed and the term length you choose.