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Is it possible to set up reccuring payments with DCU on auto loans from another bank. Im looking all over the app an don't see where to set it up. I have my bank setup but don't see any options for reccuring.
Also how do you make principle only payments?
You would have to contact CSR for principle payment. Recurring payments can be done when making payment. It asks date, amount, and whether or not it's a one time payment.
Does your car loan have the .50% rate discount for "relationship status"? If so part of those terms require making the payment from a DCU account. Most CUs make it difficult to make payments from an external account, I never tried to make my DCU car loan payment from an external ACH account, and if you can I highly doubt if they have an option to make that recurring.
I paid off my DCU car loan last fall, but as I recall when you click "Make Payment" there's an option to just make a payment against the principal only. But there's no recurring option, just a one time principal only payment.