You’ll need to provide the following information on your car loan application: 

• Name 
• Social security number 
• Physical and mailing address 
• Employment information 
• Gross monthly income 
• Date of birth 

In some cases, we may ask for additional information after you submit your application.  

You will not have to make a payment until 90 days after your loan origination date.

No, you don’t have to be a member to apply, but you do need to become a member if you want to take the loan. But don’t worry - it’s quick and easy to join Credit Union 1.

Yes! Credit Union 1 preapprovals are intact for 45 days. As long as your loan is preapproved by 12/31/2025, your application will qualify.

Getting preapproved for a loan offers key benefits: it helps you set a clear budget, strengthens your negotiating power, locks in your interest rate and speeds up the process with fewer surprises. Learn more about the benefits of loan preapproval.

No.

Yes, the loan is still accruing interest even though your payments are deferred. 

Yes.

No.