ARLINGTON, Va. — The Partnership Federal Credit Union has introduced AutoRefi, which allows members to refinance their existing auto loans electronically and to control the amount of their monthly payments, often times resulting in savings to the member.
Powered by Rate Reset, AutoRefi is an interactive program that allows members to see in real-time how changing various loan parameters can save them money and lower their monthly payments, the credit union said. The solution also leverages new technology from IMM that allows the required modification documents to be prepared electronically in real-time for eSignature, allowing members to complete the entire process in one sitting.
“Our mission is to provide value through partnership to people who advance and promote the interests of the public,” said Theresa Mann, president/CEO of The Partnership FCU in a statement. “This technology gives our members the opportunity to lower their monthly payments and see tangible savings every month. It is a true example of how we can provide value through partnership.”