iQ Credit Union is now a member
of Credit Union Direct Lending or CUDL. Effective
immediately, you can take advantage of this new program
by purchasing a car from any of the CUDL dealers. Click
the CUDL logo for a listing of dealerships.
CUDL is a quick and easy way for you to finance
vehicle loans. CUDL is also available 7 days
a week including holidays. You can get approval on an
auto loan and drive away in your new vehicle even if
the Credit Union is closed.
HOW DOES IT WORK?
You must go to a participating CUDL dealer. A
list of the dealers appears at the end of this page
or may be obtained through a branch manager, or a Call
Center representative.
- You decide on the make and model of the car you
want.
- Visit a participating dealership. Ask for a representative
from the Fleet Department or the CUDL representative
program to assist you.
- Select the vehicle of your choice, new or used,
and negotiate the price. Don't forget to take advantage
of any rebate programs being offered by the manufacturer.
- Apply for the loan right at the dealership. Insist
on iQ Credit Union financing through CUDL.
Within minutes you will receive a loan decision.
- Once you have been approved, the dealer will complete
the paperwork and send it to the credit union for
funding. You simply drive away in your vehicle.
You do not have to worry about the paperwork. The
paper work is processed through CUDL, the credit
union and the dealer ... electronically.
This program will alleviate some the "stress"
associated with the car-buying experience.
IS CUDL A NEW PROGRAM?
Yes, for iQ Credit Union. We are one of their newest
clients. CUDL has over 540 dealers signed up
on the program.
WHAT ARE THE BENEFITS?
You benefit by:
- Being able to apply for a loan at the dealership.
- Quick decisions, usually within 3 minutes.
- You get credit union rates and terms.
- CUDL is available even though the credit
union is closed.
Complete list of participating dealerships in SW Washington
and Oregon.
|
