So, as y'all know, my husband passed back in July, and he had a loan on his car with no TOD (transfer on death). About a month and a half ago, I got the death certificate and reported it to the credit union.

Now, this is where being local, like headquarters is 25 or so miles from me, local is great. Obviously with no TOD, and it not being a co-loan, standard procedure is to start repo before I walk out of the branch door, right? Well, I told them that I'd keep up the payments for a month or two until I had the life insurance, and then I'd pay it off, and I assured them I was confident I had the TOD problem handled (we'll see), and they said Ok.

Yeah, really, despite standard procedure being repo and/or requiring me to qualify for a new loan, they verbally agreed to let things continue as they had been for a bit, imagine PNC or WellsFargo doing that, right?

#local #CreditUnion