The right time to invest in a new set of wheels is certainly the wrong time to settle for a high interest rate auto loan. Getting behind the wheel with Credit Union 1 is the No. 1 way to obtain a low APR on the purchase of any new or used car for Chicago motorists.
And a rare, low interest rate of 1.89% is what members of Credit Union 1 can expect if they purchase a new or used car and finance it through the credit union for terms up to 36 months.
Auto Loan Terms and Conditions
Car loans that keep borrowers’ financial interests in mind — with low interest rates — are standard at Credit Union 1. Buy a new or used vehicle (model years 2010 to 2014) and members who qualify with an excellent credit score can obtain the 1.89% annual percentage rate, which stays fixed for the life of the loan. Up to 100 percent financing for a new car’s sticker price, or a pre-owned vehicle’s appraised value, is available to qualified members as part of this offer.
About Credit Union 1
Looking back at its origins in 1958 as the Chanute Military Credit Union, Credit Union 1 remains dedicated to improving the economic well-being of its members, which are today more than 87,000 members strong. Unlike a conventional bank, at Credit Union 1 members have a voice and play a role in the future of this nonprofit. To become a member of the Credit Union 1 family, joining is easy: for people of Illinois and Indiana who qualify, all that’s needed is a one-time $5 membership fee and a $5 initial deposit.
Check out more low-interest car loans and save.