Idaho Central Credit Union Auto Loan Payoff Address

If you're looking to pay off your auto loan with Idaho Central Credit Union (ICCU), it's important to ensure that you send your payment to the correct address to avoid any delays. ICCU is known for its efficient service and customer-focused approach, but correct payment handling is crucial to closing out your loan properly. Here’s a comprehensive guide to help you through the process of paying off your auto loan with ICCU, including the necessary addresses, steps to follow, and additional tips to make the process smooth.

1. Identifying the Correct Address

To make sure your payoff payment is processed correctly, you need to use the specific address designated by Idaho Central Credit Union for loan payoffs. Sending your payment to the wrong address can lead to delays and complications in closing out your loan. As of the latest information, the address for sending auto loan payoff payments to ICCU is:

Idaho Central Credit Union Auto Loan Payoff Department P.O. Box 2467 Chubbuck, ID 83202-2467

Make sure to double-check this address with ICCU or on their official website before mailing your payment, as addresses can sometimes change.

2. Payment Instructions

When preparing your payoff payment, follow these instructions to ensure it is processed correctly:

• Include Your Loan Account Number: Clearly write your loan account number on the payment. This helps ICCU identify and apply your payment to the correct loan.
• Specify the Payoff Amount: Confirm the exact payoff amount with ICCU before sending your payment. This amount might include any final interest charges or fees.
• Payment Method: While personal checks are commonly used, check if ICCU accepts other forms of payment such as money orders or certified funds. Avoid sending cash through the mail.

3. Confirming Payoff Amount

Before sending your payoff payment, it is essential to confirm the exact amount due. This can include:

• Outstanding Principal Balance: The amount of money you still owe on your loan.
• Accrued Interest: Any interest that has accrued up to the payoff date.
• Fees: Any additional fees that may apply to the loan payoff.

You can obtain this information by contacting ICCU directly or accessing your loan account online.

4. Sending Your Payment

When mailing your payoff payment, consider the following tips to ensure it reaches ICCU securely:

• Use a Trackable Mailing Service: Opt for a mailing service that offers tracking to confirm that your payment has been received.
• Send Payment Early: To avoid any issues with timing, send your payment well before the due date. This allows ample time for processing and prevents any last-minute issues.

5. Verifying Loan Closure

After sending your payoff payment, it's important to verify that your loan has been closed:

• Obtain a Payoff Confirmation: Request written confirmation from ICCU that your loan has been paid in full.
• Check Your Loan Status: Monitor your loan account online or contact ICCU to ensure that the loan status reflects that it has been closed.

6. Additional Tips

• Review Your Loan Agreement: Make sure you understand any specific requirements for paying off your loan as outlined in your loan agreement.
• Contact Customer Service: If you have any doubts or need clarification during the process, don't hesitate to reach out to ICCU's customer service.

By following these steps, you can ensure that your auto loan payoff with Idaho Central Credit Union is handled smoothly and efficiently. Paying off a loan can be a significant milestone, and managing the process correctly helps in avoiding any potential issues.