How to Cancel Navy Federal New Vehicle Loan

• Change of mind after loan approval but before the loan check is presented.
• Seller does not accept checks from Navy Federal, making the loan unusable.
• Find better loan terms elsewhere after initial approval.
• Financial hardship making the borrower unable to keep up with payments.
• Car purchase falls through or buyer decides not to buy the vehicle.
• Credit impact concerns from the loan hard pull or loan itself.
• Better refinancing options found later, prompting cancellation.
• Loan auto-cancellation when the loan check is not presented by the deadline.

• Access Number or Account Number – Required for authentication when contacting Navy Federal.
• Loan Number – Identifies the specific vehicle loan to cancel.
• Full Name and Contact Information – Confirm your identity as the account holder.
• Original Loan Check (if received and not used) – Must be voided and returned if the funds were not disbursed.
• Consumer Loan Indemnity Agreement/Declaration of Loss Form (NFCU 62A) – To certify that the loan is no longer needed (for cancellation) and to request a void/replacement.
• Reason for Cancellation – Some processes may require you to state why the loan is being canceled.
• Signature – For authorizing any formal cancellation requests or forms.
• Potential Co-applicant’s Information – If a co-borrower exists, their information, initials, and signature may also be needed.
• Phone Contact – Navy Federal may require a telephone verification; the recommended number is 1-888-842-6328.
• Mailing Address for Forms – If submitting documents via mail: Navy Federal Credit Union, P.O. Box 3000, Merrifield, VA 22119-3000, Attn: Endorsement Verification Processing Branch.

The cancellation process typically takes about 15 minutes to complete. However, the actual time may vary depending on your account settings and whether you need to contact customer service. Most cancellations are processed immediately, but some may take up to 24 hours to take effect.

After canceling your Navy Federal New Vehicle Loan subscription, you'll typically have access to the service until the end of your current billing period. You won't be charged for the next billing cycle, and your account will be deactivated once the current period ends. Make sure to download any important data before cancellation.

Yes, you can usually reactivate your Navy Federal New Vehicle Loan account by logging back into your account and resubscribing. However, you may need to go through the sign-up process again and provide payment information. Some services may offer special reactivation deals for returning customers.

If you're unable to cancel Navy Federal New Vehicle Loan online, contact their customer service directly using the phone number, email, or website provided above. You can also use our refund script to help you communicate effectively with their support team. In some cases, you may need to provide additional verification or documentation.