Loans
Have a question about your loan with OKCU? Take a look below. If you still need help, don't hesitate to ask Dottie.
Loan FAQs
Yes! Log in to Digital Banking to see all recent and pending transactions. Once you log in, click the loan tile on the home page to see a list of payments.
Yes! Log in to Digital Banking and open the menu. Click "View Statements" under "Account Services." Here, you can see the previous 13 months of activity.
A common tactic to pay off a loan more quickly is to increase the amount of your monthly payments or make principle-only payments. Making principle-only payments in Digital Banking is easy! Click "make a payment" and choose "principle-only" in the payment type.
You can use this simple calculator to see how increasing your monthly payment will affect how many months you have left until you pay of your loan.
You can use this simple calculator to see how increasing your monthly payment will affect how many months you have left until you pay of your loan.
"Great question! However, there isn't a simple answer. When applying for a loan, your credit score is one of many factors taken into consideration. These include your total income, existing debt and more.
Did you know you can view your credit score for free in Digital Banking? Just log in and click ""Credit Score"" under ""Account Services"" in the menu"
Did you know you can view your credit score for free in Digital Banking? Just log in and click ""Credit Score"" under ""Account Services"" in the menu"
Skipping a payment is easy! Get started by completing the form below and we'll be in touch soon! All borrowers on the loan will need to sign paperwork. Keep in mind, not all loan payments are eligible for skipping and a $50 fee applies.
One Big Beautiful Bill Act Auto Loan Tax Deduction
It’s a federal law that, among other things, lets people deduct interest on new auto loans from 2025 through 2028.
To determine if your auto loan qualifies, you can:
- Look for "Assembled in U.S." on the window sticker on your vehicle
- Confirm the loan began after January 1, 2025
- Review your interest paid on your year-end statements
- Talk with a certified tax professional
Yes! Electric, hybrid and gas vehicles can all qualify if they meet the assembly and new-vehicle requirements.
Yes! As long as they weigh under 14,000 pounds and are for personal use.
No, only standard road vehicles (cars, SUVs, pickups, vans and motorcycles) are eligible.
Yes! You can request an interest summary or view it online in Digital Banking in your digital statements.
No, the tax deduction only affects your taxes, not the loan itself. Your payment and interest rate remain the same.
Visit IRS.gov for official filing information. Visit congress.gov to review the legislation.
