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re: Did I just get a free truck?
Posted on 9/16/14 at 1:32 pm to Austin Cajun
Posted on 9/16/14 at 1:32 pm to Austin Cajun
My credit union cuts me a check that hand over over to the dealership, whether new or used. I get the truck, the dealership cashes the check, and then I make payments on the agreed terms we set out before they cut the check. Seems pretty fricking simple. Did you not give the dealership a bank check?
1
Posted on 9/16/14 at 1:35 pm to Gaston
If the CU has an indirect relationship with the dealership the borrower would never see the check. The dealership would send the paperwork to the dealer and the CU would fund the loan.
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