Star One Auto Loan Rate Modification Request
For Fixed Rate Consumer Auto Loans
Request to lower the interest rate on the following auto loan(s). All modified loans will receive the used auto loan rate based on the member's creditworthiness and credit score on file at Star One at the time of this request. If necessary, to complete this modification request, I/we authorize Star One Credit Union to order a new credit report. Some restrictions may apply.
Member # Three-digit Loan #
| Primary Member's Information | Co-Applicant's Information |
| Name: | Name: |
| Address: | Address: |
| City, State, Zip: | City, State, Zip: |
| Home Phone: - - | Home Phone: - - |
| Work Phone: - - | Work Phone: - - |
| Employer: | Employer: |
Prefer to reduce the payment(s) OR Prefer to keep the payment(s) the same
FEE: $75 per loan
Savings, Member # OR
Checking, Member #
All parties are required to sign before processing.
Member Signature:________________________________________ Date:_________________
Co-Applicant's Signature:___________________________________ Date:_________________
Grantor of Collateral :______________________________________ Date:_________________
Please fax completed form to: Loan Services (408) 543-5203 or mail it to: Star One Credit Union. PO Box 3643, Sunnyvale, CA 94088-3643. Processing of modification requests will take 2-3 business days.
Once your request is received a modification agreement will be completed and mailed to you. For your convenience, if an e-mail address is provided in the space below, the modification agreement will be e-mailed to you.
E-mail address
After Star One receives your signed modification agreement, your loan account will be updated with the new rate and payment amount.
Credit Union Use Only
Loan updated: _____________________ Updated by: ___________________________ Audited by: ___________________
