Auto Loan Rate Deal of the Day: Pentagon Federal Credit Union at 2.49% APR
Financing a brand-new automobile is today less of the headache because of the low car loan rate from Pentagon Federal Credit Union. Currently, they are providing members a 2.49% APR car loan rate about new 2011-2012 cars. Alexandria, VA motorists could drive away inside a …
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January 22, 2012
Auto Loan Rate Deal of the Day: Pentagon Federal Credit Union at 2.49% APR
November 27, 2011
Q&A: What’s a reasonable auto-loan interest rate from a credit union?
Question by Tsl19: What’s a reasonable auto-loan interest rate from a credit union?
I’ve heard credit unions are the best places to go for an auto loan, for reasonable interest rates. What’s the typical range of interest rates I should expect or look for from a credit union, say, for a $ 20,000 car loan? I have excellent credit (around 750 score). Thanks
Best answer:
Answer by Joseph S
Depending on if its new or using and your debt to income percentage I would say 3% new and 7% used depending on miles as well
What do you think? Answer below!
October 7, 2011
Municipal Credit Union Announces Labor Day Auto Loan Sale
Municipal Credit Union Announces Labor Day Auto Loan Sale
New York, NY (PRWEB) August 26, 2011
Municipal Credit Union Announces Labor Day Auto Loan Sale
Low Car Loan Rates and Flexible Terms for MCU members.
Municipal Credit Union (MCU) will hold a Labor Day Auto Loan Sale from August 26th through September 6th. During the sale period, car loan rates will be as low as 1.95% APR for newer models (2012-2010) and 2.45% APR for pre-owned models (2009).
Municipal Credit Union is working harder than ever to help its members afford necessary purchases. “We care deeply about our members and their needs.” said MCU’s Vice President of Loan Operations, Ahmed Campbell. “We understand that hard-working people will need to have reliable transportation with or without an economic recession occurring. Our Auto Loan Sale is one of the many ways in which we strive to help our members improve the quality of their lifestyle without creating a financial burden for them.”
Visit nymcu.org to learn more about the MCU Labor Day Auto Loan Sale.
Municipal Credit Union (MCU) is the oldest credit union in New York State and one of the oldest and largest in the country. Established in 1916 and headquartered in New York City, today MCU has assets of over $ 1.6 billion and offers a full range of financial services to over 320,000 members. With branches in New York City, Westchester and Long Island, members also have access to the credit union’s large and growing ATM network. MCU membership is open to New York City, Yonkers, and City of Mount Vernon municipal employees; state and federal employees who work in the five boroughs; employees of hospitals, nursing homes, and health facilities in the State of New York; employees of select industry groups; employees of private colleges in New York City and private and public colleges in Nassau, Suffolk, and Westchester; certain family members of those in the field of membership, and qualifying retirees. MCU is an equal opportunity lender and deposits are federally insured to at least $ 250,000 by the National Credit Union Administration (NCUA), an U.S. government agency. For more information about Municipal Credit Union, visit http://www.nymcu.org.
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August 13, 2011
State Employees Credit Union of New Mexico Launches $15,000 Cash Prize Auto Loan Promotion
State Employees Credit Union of New Mexico Launches $ 15,000 Cash Prize Auto Loan Promotion
Santa Fe, NM (PRWEB) June 22, 2011
State Employees Credit Union of New Mexico is excited and proud to announce the launch of their new auto loan promotion contest with a GRAND PRIZE of $ 15,000 cash money paid out to the winner. The promotion is being offered for a limited time with the final chance to enter ending on August 31, 2011. Prospective new auto loan customers with the State Employees Credit Union can enter the contest several different ways. They are as follows:
1. Refinance an Existing Auto Loan from another financial Institution with State Employees Credit Union of New Mexico – A borrower can refinance their current auto loan with the State Employees Credit Union of New Mexico and be entered to win the $ 15,000. The borrower will receive an auto loan from State Employees Credit Union that has an interest rate that is 2% lower than the interest rate on their current loan. The minimum interest rate of 3.24% annual percentage rate will apply. The new borrower will receive $ 100 for refinancing with State Employees Credit Union and another $ 50 for establishing a new account (must be a new member to receive the $ 50 cash for establishing a new account). The loan amount must be $ 5,000 or higher. There are no payments due for 60 days. The loan account must remain open for 6 months.
2. Finance your New Auto Purchase with State Employees Credit Union of New Mexico – A borrower using the SECU for auto financing to make a new vehicle purchase will be entered to win the $ 15,000 cash prize in the promotion. The loan amount minimum is $ 5,000, the loan must remain open for 6 months, and the minimum interest rate is 3.24% annual percentage rate. All potential borrowers can get pre-approved through State Employees Credit Union’s online application
Vice-President of Lending Emilio Atencio, “This is a great deal. We are looking forward to seeing some great results from this new auto loan promotion. We cannot wait for September to roll around to see who is going to be the big winner of the $ 15,000 cash prize.”
About State Employees Credit Union of New Mexico
Established in 1958, SECU is a non-profit organization headed up by President and CEO Harold Dixon. As of May 31, 2011 the organization has total assets of $ 288,157,096, total liabilities and member shares of $ 257,208,321, and total equity of $ 26,755,355. State Employee Credit Union branches are located in Santa Fe, Albuquerque, Belen, Las Vegas, and Los Lunas, New Mexico. There are over 33,000 total State Employees Credit Union of New Mexico members currently. The organization offers three types of checking accounts, six types of savings accounts, one type of share certificate account, three types of individual retirement accounts, six types of loans including auto loans, personal loans, secured loans, unsecured loans, home equity lines of credit, mortgage loans, online banking, online bill pay, eStatements, Telephone banking, ATM and Debit Cards, and MasterCard Credit Cards.
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May 30, 2011
What are the chances of getting an Auto Loan from a credit union?
Question by Pro ViZion: What are the chances of getting an Auto Loan from a credit union?
Hi I am really in need of transportation and was wondering if a Credit Union would be the best way to go for an auto loan. I am 19 years old and don’t have the most established credit but all I am looking for is $ 4,500 and I will have $ 1,000 for a down payment. Does anyone flush offer auto loans that small or would I have to look into a different kind of loan? Thank You.
Best answer:
Answer by dusty_titus
You can call local credit unions for Information on your type of loan, but I would start by opening a save account and show regular deposits every pay period.
Add your own answer in the comments!