Vehicle loansFinancing That Moves You Forward

DFCU offers auto loans for new and used cars, boat loans, and RV loans – all with competitive rates, flexible terms, and annual Cash Back on qualifying balances.* We also offer refinance and lease buyout options.

Yes. If you financed your vehicle elsewhere, you can refinance with DFCU. Refinancing could lower your interest rate, reduce your monthly payment, or both. The process is straightforward – contact a DFCU loan officer or apply online to get started.

At DFCU Financial, your protection matters to us. Maintaining active auto insurance is an important part of your loan, and we’re here to make that process as simple and stress-free as possible.

To that end, we’ve partnered with a trusted insurance tracking provider to help monitor required auto insurance coverage, and notify you if information is missing or coverage has lapsed. If insurance information is missing, incomplete, or expires, you’ll receive notifications in advance so you can take action right away.

Our goal is to keep you informed, protected, and avoid unnecessary costs by helping you stay up to date.

Providing Proof of Insurance

Sending us your insurance policy declaration is quick and easy. You can take any of the following steps:

• Visit the link provided in your insurance reminder email or text.
• Scan the QR Code in your insurance reminder letter.
• Upload to https://www.myloaninsurance.com/dfcufinancial
• Email: dfcufinancial@myloaninsurance.com. (Please note: this is an automated email account and only emails with file attachments in PDF, PNG, TIF, or JPG formats can be accepted.)
• Fax to 877.491.1857
• OR Mail to:
  DFCU Financial
  Insurance Tracking Center
  PO Box 924401
  Fort Worth, TX 76124

Your policy MUST include:

• Continuous insurance coverage with no lapses.
• DFCU Financial named as lien holder or loss payee.
• Comprehensive and collision coverage (or physical damage) with deductibles not greater than $1,500.
• Please Note: an Insurance ID card is NOT adequate evidence of the required physical damage insurance.

If valid insurance is not on file, force-placed insurance may be added to your loan. This would result in an increase in your monthly payment until acceptable proof of insurance is received.

We encourage you to update your insurance information as soon as possible to avoid this added cost.

Important Notifications You May Receive

If action is needed, you may receive a letter, email or text message notifications. These messages are legitimate and part of our insurance monitoring process.

All notifications will include a secure link and instructions to MyLoanInsurance.com, an online portal identified with the DFCU logo, and where you can quickly review your situation, upload proof of insurance, get online chat support, and access a custom library of videos, designed to guide you through resolving it quickly.

By keeping your insurance information current, you help ensure uninterrupted coverage and peace of mind throughout the life of your loan.

If you have questions or need additional support, please contact 877.689.1094.

Members can access insurance discounts via our partnership with Members Home and Auto and TruStage. Learn more.

The older your vehicle gets, the more expensive it can be to fix it – and the more often you need to. Mechanical Repair Coverage may help keep those costs in check, protecting your budget from unexpected future repairs.

With Mechanical Repair Coverage you can enjoy many valuable benefits:

• Substitute transportation: up to $50 per day, up to a maximum of 10 days, available on the first day of coverage. Options for traditional rental car or rideshare are available.
• 24-emergency roadside assistance: up to $125 per occurrence, includes towing, battery jumpstart, fluid delivery, flat tire assistance, lock-out service, and extracting your vehicle from an inaccessible area within 50 feet of a paved road or highway.
• No out-of-pocket expense (except for any deductible): the administrator pays the repair facility directly for the covered repair.

MRC is optional, not required to obtain credit, and subject to eligibility, exclusions, cancellation/refund terms, and state availability.

Yes, DFCU offers members the purchase of GAP coverage. This coverage is designed to cancel the gap between what your insurance settlement pays and what you owe on your vehicle loan, up to the contract maximums, in the event your vehicle is stolen or totaled in an accident.
Here’s how it works:

• Easy enrollment – simply apply at the time you take out a loan with us.
• Convenient payment options – A one-time price for the life of your loan may be added to your monthly consumer loan payments.
• $599 for auto loans.
• $599 for power sport, watercraft, or recreational vehicle loans.
• GAP cancels $1,000 of a new loan financed with us within 120 days after the primary insurance company issues its check for a replacement vehicle when a total loss occurs.
• GAP with deductible assistance on our auto loans provides protection in the event of an accident where your vehicle is not a total loss.
• GAP is fully refundable if you cancel the protection within the first 90 days of your loan closing.

Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days, you will receive a full refund of any fee paid.

DFCU serves members across Michigan and Florida, with branches in communities including the greater Detroit area, Ann Arbor, Lansing, Brighton, and additional locations throughout the state, as well as branches in the Tampa Bay area, Fort Myers, Naples, Orlando, and surrounding communities. Members also have access to more than 1,700 ATMs in Michigan and over 30,000 ATMs nationwide through the Co-op ATM network. Find the branch nearest you.