If you’re ready to purchase a car and are looking for reasonable car loan rates, consider Merck Employees Federal Credit Union. Currently, this credit union is offering financing at 4.75% APR for some new car loans.
Those who want to take advantage of this auto loan rate should keep in mind that it is only available with new auto loans, prior model year advances or motor vehicle title advances. If you are hoping for a new car loan, you will only be eligible for the 36-month term and may be required to have prime credit. The credit union also requires individuals to become members and pay a $5 share in order to qualify.
Established in 1936, Merck Employees Federal Credit Union currently has six locations and assets that exceed $1 billion. Its mission is “To make you, our members, better off for having done business with us.” Some other products offered include savings and checking accounts, as well as IRAs. Locations are found in Rahway and Somerset, New Jersey.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
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