Vehicle Loans

• Competitive rates, including the following discounts:
  • A .25% APR rate discount for using one of our Auto Buying services: Enterprise Car Sales or TrueCar
  • A .25% APR rate discount for having total deposit balances greater than $1,000
  • A .25% APR rate discount for setting up automatic repayment from your iTHINK Financial Checking account to pay your loan
• Pre-approval available*
• No application fees
• A variety of terms to fit your budget

Consumer Loan Disclosure

*Pre-approval is based on credit history.

Apply Online Now
(the fastest way to get a loan)

OR

• Call Us – Just give us a call at 800.873.5100 during normal business hours (or email loans@ithinkfi.org).
• Visit – Stop by your nearest branch to apply in person.
• Download our Loan Application – Complete the application and fax it to us at 561.982.4798. Or call us at 800.873.5100 and we’ll mail or fax an application directly to you.

Want to check the status of your loan application, securely upload loan-related documents, or communicate with your Loan Officer?
Click here to access your existing loan application.

• Use QuickPay to pay your Credit Union loan using a credit card, your iTHINK Financial account, or an external account. Schedule one-time or recurring payments from your computer or phone 24/7.
• Transfer your payment from your account at another financial institution using eTransfers or contact us to set up a recurrent Direct Payment.
• Set up recurring scheduled automatic transfers from your Credit Union checking or savings account to your loan by using Online Banking.
• Make one-time transfers from your Credit Union checking or savings account to your loan by using Online Banking or our Mobile Banking App.
• Make payment by mail or at a branch or at a CO-OP Shared Branch.
• Set up email or text alerts through eMessenger Alerts for convenient payment reminders.

Registration and Title (Lien Recording) Instructions

If purchased from a private seller: Take the original title signed by the seller, bill of sale and proof of insurance to the DMV. Register and title the collateral in your name and record iTHINK Financial as the first lien holder. In most cases, the DMV will send the title to iTHINK Financial; however, should you receive the title after registration and lien placement, simply forward it to iTHINK Financial.

If purchased from a dealer: In general, the dealer will complete the registration and lien placement and, in most cases, the DMV will forward the title to iTHINK Financial. Should you receive the title after registration and lien placement, simply forward it to iTHINK Financial.

Lien

A lien is the right to take and hold or sell property of a debtor as security or payment for a debt. iTHINK Financial requires Members who offer collateral to secure a loan, such as a car loan or personal expense loan, to record iTHINK Financial as the first lien holder on that collateral. This means that if the Member defaults on the loan, iTHINK Financial can take the collateral and sell it to pay off the loan.

VIN Requirement

When applying for a collateral loan, Members must supply the vehicle identification number (VIN) when using an automobile or motorcycle as collateral on a loan, or a hull number or serial number when using a boat or other collateral. iTHINK Financial requires this number at the time of application, unless the loan is a pre-approval. The VIN or hull number is a required field on the pre-approved loan draft.

You have signed all your documents, so what's next?

• All documents will be sent to iTHINK Financial's Title Department.
• iTHINK Financial's Title Department will complete all paperwork to be sent to the DMV (title, application, etc.).
• A specialist from the Title Department will contact you via text, email or telephone for the address of the DMV/Tag agency that is most convenient for you to complete the title process.
• The documents will be sent via UPS to the DMV/Tag agency of your choice. A text or email will be sent to you with the tracking information.
• Once documents are delivered to the DMV/Tag agency, you can go in to pay any taxes and fees that are required.
• In the meantime, please contact your local DMV/Tag agency for a temporary tag (if applicable).
  
  Please note: This process can take up to 30 days.

Thank you for choosing iTHINK Financial for your auto loan financing!

• Fully Protected Loan Options:
  • Mechanical Breakdown Protection – Lower than dealer offers on mechanical breakdown coverage!
  • GAP Total Loss Protection – Competitive rates on insurance to cover the GAP!
  • Payment Protection – Protect yourself, just in case!
• Auto Buying Guide  – Visit our page for helpful information about the vehicle buying and loan process.
• Auto Buying Services – Save time, save money, and eliminate the dealer hassles, pressure, and confusion.
• Submit your proof of insurance online: To submit proof of insurance for your auto, recreational vehicle, or mortgage loan, please email your documentation to ithinkfi@myloaninsurance.com, fax it to 877.868.4592, or call 866.557.5618.
  If you received a notice regarding (loan) collateral insurance, provide proof of coverage by clicking here: https://www.myloaninsurance.com/ithinkfi 
• Auto Insurance – Coverage options to meet your individual needs!
• Calculators – Use our financial calculators to find the best car loan for you!

“Buying a Car” – presented by BALANCE

Learn how to prepare yourself for the car buying process with BALANCE’s Car Buying Decisions financial toolkit.