Centennial Lending services vehicle leases for many of our credit union partners so if you recently leased a vehicle and found yourself directed to this site it’s likely we are servicing your lease. So you’ve signed on the dotted line and driven your vehicle off the lot. What happens now?
You will have established a credit union membership when closing on your lease. Your dealership will work with that credit union to get your loan funded and your membership established. Centennial Lending will be notified once this is complete and we will immediately begin servicing your loan.
You can expect to receive a Centennial Lending welcome letter approximately two weeks after closing on your lease. Along with your welcome letter you will receive an ACH Authorization form. This form can be used to establish automatic lease payments. While we recommend establishing an automated recurring payment you are not required to do so. You may mail your payment and will receive a payment coupon booklet within 60 days of your lease closing. In the meantime we will mail you a password which you can use to access your Centennial Lending account online.
Logging into your account will allow you to make a single payment or you may contact a Centennial Lending representative to schedule a recurring payment. Additionally, you will have access to a great deal of information about your lease, but you are more than welcome to call us anytime during normal business hours. A member of our team will be happy to answer questions or respond to concerns. Whether you have questions about where to make payments, your payoff amount or your loan terms, call us. We are here to help.
You may, from time to time, receive correspondence from the credit union partner responsible for funding your lease. While you are not required to do any additional business with this credit union, we strongly recommend investigating their products and services. There is a good chance you will benefit from your newly formed credit union relationship.