How does the quarterly refund of loan interest paid work?

Interest refund will be deposited into member’s Primary Savings Account within 5 business days of quarter-end. Your interest refund % will be based on your tier qualification level at quarter-end. If loan account is 30 or more days delinquent, or if you do not carry the required level of insurance on your vehicle, you will not be eligible to receive that quarter’s interest refund. Quarterly refund of loan interest paid applies for Vehicle Loans (direct auto or specialty vehicle) and Personal Loans and Lines of Credit only.

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