Auto Refinancing

There is no application fee when you apply to refinance an existing car loan.

Yes, you need to be a member to take advantage of great rates on an auto loan refinance through us. Fortunately, becoming a member¹ is easy. You can apply online to open an account and get started today.

If you’d like to avoid the hassle of a late or skipped payment, you can schedule automatic regular loan payments right from our online banking or mobile banking app. Just click on Options and select Visit Bill Pay Site on the Bill Pay screen. Next, select your auto-pay recipient, then click on the Options prompt and select Setup Auto-Pay. From there, just complete each required field and save your answers.

Our monthly payment calculator will provide a general idea. Applying for a loan gives you the exact amount plus the bargaining power of auto loan pre-approval.

Absolutely. Set up Account Alerts so you never miss a payment or get notified if a payment is past due. It’s a simple, effective way to stay on top of your budgeting and money management strategy via text messages.

Yes, it’s called an external funds transfer, and you can send money from an outside account to your TEGFCU accounts at no charge. We also make it easy to switch your accounts to TEGFCU with ClickSWITCH.²

Once you’ve paid off your auto loan, we’ll mail you a Satisfaction of Lien document within 10 business days.