Car Loans Near Chicago, IL

Auto Loan Refinance FAQ

1. What other types of loans does GLCU offer its members?

   GLCU members have access to a variety of products and services, including personal loans, student loans, home equity loans, and mortgages.

   Your rate on your GLCU loan will vary depending on your credit score and personal financial situation.

2. Does GLCU offer death and dismemberment insurance?

   One of our exclusive member benefits is $1,000 of accidental death and dismemberment insurance through TruStage, offered at no cost to you.

3. What insurance is needed for my new auto loan from GLCU?

   You will need to submit proof of insurance. To find out or to verify the insurance needed for your new auto loan, check here.

4. Does GLCU offer recreational vehicle financing?

   We do not currently offer ATV, dirt bike, side-by-side, or jet ski financing.

5. What address should I use for GLCU on my insurance policy?

   Please contact your vehicle's insurance agent to update your vehicle's insurance policy to include GLCU's NEW lienholder address:

   Great Lakes Credit Union
   PO Box 2238
   Sioux City, IA 51104

6. How does Guaranteed Asset Protection work?

   If you purchase Guaranteed Asset Protection for your new vehicle, that means you aren’t on the hook for loan payments if your vehicle is in an accident and deemed a total loss. Guaranteed Asset Protection covers the difference between the remaining balance on your vehicle and your vehicle insurance payout, if it’s less than what you still owe on your vehicle.

   GLCU offers GAP Plus, which means you also get Deductible Assistance, to cover the cost if your paid collision claim incurs a deductible.

7. What is Mechanical Repair Coverage?

   Mechanical repair coverage helps you pay for repairs to your vehicle after its warranty expires while costing less than a typical extended warranty.