Anyone living in Southern California need a good auto loan rate for a brand new car? A credit union – Schools First Federal Credit Union – formerly known as Orange County Teachers Federal Credit Union (OCTFCU) has just lowered their auto loan rates to 4.75% APR. This also includes .75% discount for auto transfer payments. This deal is for new cars only – so if you’re looking to buy a new car you may be in luck if you meet the qualifications.
To become a member and qualify for the 4.57% auto loan rate you must be living in the following serviced areas:
- Los Angeles
- San Bernardino
- San Diego
- San Luis Obispo
- Santa Barbara
In general to become a member of this Credit Union you must also be affiliated with education. If you’re an educator, an of age student, or have direct relation with an educator or student you are qualified for membership. For more information about membership please contact the Credit Union.
Wish you the best in your Auto Loan Rates search! Also check out other great Rates on Go Banking Rates.