AUTO LOANS
Our Community Credit Union’s auto loans offer competitive rates, flexible terms, and fast approvals, making it easier than ever to get behind the wheel of your next vehicle.
For a Limited Time Only, Refinance Your Auto Loan with OURCU and Get 1% Off Your Approved Rate OR 3% Cash Back!
Now is the time to save more each month, we’re here to help you step into a better deal with your refinance!
Disclosure: APR option: Receive a 1% reduction off your approved Annual Percentage Rate (APR). Example: For a $15,000 loan funded over 60 months at 5.99% APR, you would pay 4.99% APR. Cashback option: Receive 3% of the funded loan amount in cash (e.g., a $15,000 loan qualifies for $450 cash back). You must choose your option at time of application; options are not combinable. Offers apply only to available and fundable auto loans meeting our standard underwriting guidelines. Terms, rate, and cash back amounts will vary based on creditworthiness and loan amount. Loan repayment example: $15,000 loan for 60 months at 4.99% APR = approx. $283/month. Rates, terms, and conditions subject to change without notice.
Drive away with confidence! If you are in the market for a new vehicle, OURCU Auto Loans are designed to fit your lifestyle and budget. Enjoy features like:
Save time – Get pre-qualified for your loan!*
New or Used
Affordable payments
100% financing available
Skip-a-Payment twice a year, every year**
Full range of terms
Auto Resources:
Know before you buy – with Kelley Blue Book and JD Power vehicle value guides.
GAP Protection – Guaranteed Asset Protection helps you avoid financial loss in the event your vehicle is totaled or stolen. Since Insurance settlements are based on the car’s actual cash value, they are often less than the loan balance. This creates a deficiency balance or a “gap” that could jeopardize repayment. GAP Protection covers that deficiency.
Mechanical Repair Coverage – 24 hour Roadside assistance and Extended vehicle warranty. Protect your investments!
First Time Auto Loan Program
Need a new loan but never borrowed before? Get the cash you need and establish credit with our loan program for first-time borrowers.
If you have no credit history, limited history, or maybe you’ve used only cash rather than credit, you can apply. Build your credit history and reach for your dreams!
Rates as low as 11.95% APR*
For New or Used Auto
Must be an OURCU Member
Skip-A-Payment twice a year, every year**
*Conditions apply. APR= Annual Percentage Rate. Subject to approval and must be a member in good standing. Ask for details. Rates offered on auto loans are fixed and based on the individuals credit score. Term is based on the loan amount and credit score. Example: A $15,000 loan, on a 48 month term, with a rate of 6.49% is approximately $356 per month. Rate, down payment, and maximum term are dependent on credit.
**Skip-A-Payment Agreement Processing Fee: Your first Skip-A-Payment is FREE per loan, per calendar year. A fee of $25.00 is due and payable upon execution of the second skip-a-payment. Processing fees will be returned to anyone not eligible to participate in this offer. In order to skip your payment all loans and accounts must be current and in good standing at the time we receive your request, and your loan must have been opened more than 6 months ago and we must have received 6 months of payments regardless of the payment frequency. Note, both the primary member and co-borrower/cosigner (If applicable) MUST sign and return the attached form. The deferral of loan payments pursuant to this agreement will automatically extend the loan maturity date by a corresponding period of time. Deferral of payments will reduce the portion of future payments applied to the principal, which extends the term of the loan. Interest will continue to accrue on your loan as it normally does. Certain restrictions apply and not all loans are eligible for this program. We reserve the right to pull a credit report. Program subject to change.
