topic Re: Local CU auto loan and moving in Auto Loans

Local CU auto loan and moving

Anonymous — Tue, 11 Sep 2018 18:33:34 GMT

Hey, need some help.

I was approved for an auto loan with a local CU through a dealer about a year ago. I am now moving out of state for work.

Does anyone know if that will force me to refinance with a different lender since I am moving out of my CU’s footprint (it’s in one county).

Re: Local CU auto loan and moving

sccredit — Tue, 11 Sep 2018 18:41:05 GMT

No, you'll just provide them with the new address.

Re: Local CU auto loan and moving

Anonymous — Tue, 11 Sep 2018 18:42:11 GMT

Thank you!

Will I be able to register it in my new state?

Re: Local CU auto loan and moving

CreditCuriosity — Tue, 11 Sep 2018 18:46:55 GMT

@Anonymous wrote:
Thank you!

Will I be able to register it in my new state?

Of course you will.. Nothing changes.. people move all the time and don't have to change lenders or cars ... Just inform them of new address, change insurance if needed and register it in new state along with new DL.

Re: Local CU auto loan and moving

Medic981 — Tue, 11 Sep 2018 18:52:01 GMT

Welcome to the myFICO forums!

With online banking, you should be able to continue to use your current CU. With direct deposit and mobile banking, there really isn't a need to change CUs. On the other hand, the CU that my employer is affiliated with is still in the dark ages and has no app or mobile banking. YEMV

Re: Local CU auto loan and moving

jl4 — Tue, 11 Sep 2018 20:18:28 GMT

Did this myself. CU didn't care as long as they got their money and and updated address.