Loans Frequently Asked Questions

Your questions, answered

We’ve collected some of the most frequently asked questions about our loan products and services, and grouped them by topic to make it easier for you to access the information you need to make informed financial decisions.

 

Find FAQs by topic:
Auto Loans | Other Vehicle Options | Vehicle Refinance | Repossessed Vehicles | Find Your Next Car | Preferred Dealers | Credit Cards | Authorized Users | Chip Cards | Lost Credit Card | Personal Loans | Line of Credit | Credit Builder Loans | Back to all FAQs

 

AUTO LOANS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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OTHER VEHICLE OPTIONS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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VEHICLE REFINANCE

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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REPOSSESSED VEHICLES

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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FIND YOUR NEXT CAR

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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PREFERRED DEALERS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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CREDIT CARDS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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AUTHORIZED USERS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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CHIP CARDS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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LOST CREDIT CARD

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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PERSONAL LOANS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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LINE OF CREDIT

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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CREDIT BUILDER LOANS

FAQ FAQs

  • Why would I want to add an authorized user to my RBFCU credit card?

    Primary account holders may want to help someone they trust build their credit history. This unique type of relationship has pros and cons. Having an authorized user has important implications for both parties’ credit standing. If the authorized user has no previous credit history, his or her first credit score should generate within the first six months. This score could range from poor to excellent, depending on how the account is managed.

    For couples that share expenses, it may be easier for each person to have a credit card with their name on it, rather than passing a single card back and forth to make purchases. It may also be convenient to provide a card to a child (minimum age 15) or relative that lives far away for emergency purposes.

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