Options to Meet Your Auto Financial Needs

Two new auto loan programs were introduced in 2003 in an attempt to meet the needs of members who do not currently meet our usual loan approval standards but have some other redeeming qualities that lead us to believe that they will be successful if given an opportunity.

Qualifications

  • No unpaid charge-offs less than 12 months old. (Zero balance with higher ratings is not a problem.)
  • No unpaid collections (other than Medical) in the last 12 months.
  • No outstanding unpaid balances on repossessions.
  • No current I-3 (I-2 on Mortgages) or higher credit ratings on active loans.
  • Six months on current job.
  • Maximum new debt ratio 35%.
  • First payment to be made within 35 days.
  • Maximum advance of lesser of 95% of NADA trade-in value or 95% of purchase price.
APPLY TODAY

AUTO LOAN RATES

Term (in months) Condition APR (*as low as)
12-36 0-1 year old 2.99%
37-60 0-1 year old 2.99%
61-75 0-1 year old 2.99%
76-84 0-1 year old 2.99%
60 2-4 years old 2.99%
75 2-4 years old 2.99%
60 5-7 years old 2.99%
54 8-10 years old 2.99%
42 11+ years old 10.24%

AUTO Loan Repayment example

Term (in months) Condition APR (*as low as) Value Monthly Payment
36 0-1 year old 2.99% $35,000.00 $ 1,018.00
60 0-1 year old 2.99% $35,000.00 $ 629.00
75 0-1 year old 2.99% $35,000.00 $ 513.00
36 0-1 year old 2.99% $50,000.00 $ 1,454.00
60 0-1 year old 2.99% $50,000.00 $ 899.00
75 0-1 year old 2.99% $50,000.00 $ 732.00
*APR = Annual Percentage Rate. Proof of address and verification of employment required. Minimum loan amount is $5,000. Promotional rate of 2.99% APR available on 2009 to 2020 model year vehicles and subject to creditworthiness and credit approval. On $25,000 loans at 2.99% APR for 60 months, payment would be $449/month. Financing up to 84 months available for qualifying vehicles. Maximum loan-to-value limits apply. Promotion does not apply to refinancing of existing loans with SAFE. Conditions and terms valid through November 15, 2019 and then may changes without notice. Interest will still accrue with the "No Payments for 90 Days" offer available with credit score of 620 or higher.