At Chartway, we take pride in providing our member base with the right information they need to make the smartest, strongest, and most relevant decisions for their personal financial goals. Continue reading to learn the most commonly asked questions about auto loans.
Any member of Chartway is eligible to apply for an auto loan. Membership is limited to those who qualify via specific employment or associations.
Some of these membership prerequisites may include:
Chartway members must own an active banking account to complete their auto loan application.
If you meet the eligibility requirements, becoming a Chartway member is simple and inexpensive.
You can join online, in person, or please contact us over the phone and we can get you started! A simple $10 donation to our philanthropic We Promise Foundation or a $5 deposit in a PrimeShare savings account, and you are up and running.
When you become a Chartway member, you’ll have access to higher dividends on checking and savings accounts, personalized customer service, and a variety of products and services just for you.
Additionally, you’ll be able to take advantage of over 25,000 ATMs around the country.
While additional items may be required, to apply for a loan, each borrower will need to need to provide:
Examples of proof of income might include each borrower’s two most recent pay stubs, a current award letter and a 1099 for pension/retirement income from the previous year, a current social security awards letter, an explanation and supporting documentation for any additional income, any additional information about bonuses, commissions, or overtime income.
If you’re self-employed or collecting income from a rental property, you’ll need to provide the last two years’ tax returns.
When obtaining an auto loan through Chartway, members will not be faced with any hidden fees due to paying off a balance early. However, some members prefer to maintain the original length of their loan to build a stronger credit score and a longer borrowing history.
Chartway makes it fast and easy to apply for auto loans, guiding borrowers through three easy online steps.
Auto loan applications can also be completed in person at any one of Chartway’s local branches.
Once the auto loan application process has been completed, Chartway’s professional bank officers will deliver an answer within twenty-four hours or less. This allows applicants to apply for their auto loan and shop for a new vehicle within the same day.
Auto loan pre-approval is available for select applicants meeting a specific set of criteria.
To check if you are qualified, please call our Member Solution Center at (800) 678-8765.
Refinancing a previous vehicle loan is an excellent way to save, consolidate, and manage personal debt.
This can be extremely beneficial for members who are:
To begin the vehicle refinancing process through Chartway, simply submit an application for review along with any relevant information regarding your current loan. Loan officers will respond to your application within one business day.
Step into an auto loan today.
Chartway is proud to provide loyal members with the opportunities they need to achieve their goals.
Take the next step towards financial freedom by securing your auto loan of choice with Chartway now.
We are group members of CUNA Mutual Group, which means we are able to offer our borrowers various forms of loan protection:
Our affordable loan protection plans can give you peace of mind beyond the manufacturer warranty.
Pre-approval helps when you show up to the car dealership, because you know how much you will be able to afford.
With pre-approval from a financial institution, an auto dealer knows that you’re going to be able to pay a certain amount, and they treat you seriously.
Even better, you have an idea of what your monthly payments will look like, so you can plan your budget around your loan payments.
Chartway offers auto loan refinancing with a high loan-to-value financing plan that works with both new and used vehicles.
Yes, once you sign for your refinancing loan amount, there is a 45 day period during which you can go payment free!
You can refinance any time, as long as you have a title for your vehicle.
Whether you’re taking out an auto loan on a new or used car, or you’re refinancing, you can get an idea of what your payments might be.
Check out our auto loan calculator. Simply plug in how much you are willing to spend per month and for how long, and we’ll tell you how much you can borrow.
Chartway offers our members online and mobile banking for their convenience. These features mean you can relax knowing you’ll never miss or be late on a loan payment!
Access from any device:
In addition to online loan and bill payments, you’ll enjoy other features, such as person-to-person payments, remote deposit of checks, and text banking.
You can also get free, instant access to your credit score and credit report!
Online and mobile banking with Chartway is secure, so you don’t have to worry about your personal information. We have two-factor authentication and access code prompting to help keep your loans, accounts, and other financial products safe.
No worries! Chartway members have access to the BALANCE Financial Fitness Program, which includes credit counseling, workshop, and other tools and resources.
See what the BALANCE Financial Fitness Program can do for you here.
Chartway is proud to provide loyal members with the opportunities they need to achieve their goals. Take the next step towards financial freedom by securing your auto loan of choice with Chartway now.