The right interest rate on an auto loan keeps monthly payments affordable, but can also affect your financial health in numerous ways. With a low APR, it becomes easier to pay off the loan early, gain financial leverage toward other expenses, build credit and increase the chances of being approved for other low-rate loans, all at the same time.
With Palmetto Citizens Federal Credit Union‘s auto loan — good for terms up to 36 months — borrowers can experience these pluses firsthand with an fixed APR as low as 2.24% and available benefits that make this loan hard to pass up for anyone in the market for a new or used car.
Auto Loan Interest Rates: Terms and Conditions
Palmetto Citizens Federal Credit Union’s auto loan has a maximum term of 36 months, so members who want to finance their vehicles of choice for a shorter period of time can capitalize on this low rate on cars and trucks with model years of 2011 or newer. Other details include:
- No payments for the first 90 days of the loan
- Used vehicles can be up to three years old
- 100 percent financing available
- Additional insurance options available (like extended warranties and GAP protection)
- One-step loan application is streamlined and easy
Palmetto Citizens Federal Credit Union members are considered for the advertised interest rate based on their credit histories.
About Palmetto Citizens Federal Credit Union
The first credit union in South Carolina to be granted multi-county community charter status by the NCUA, Palmetto Citizens Federal Credit Union was founded in 1936, first as the Columbia Teachers Federal Credit Union, with an initial member base of just 10 people. An NCUA community charter means that anyone who lives, works, worships, attends school, works for a related business or has immediate family relations in Richland, Lexington, Newberry or Fairfield counties, S.C., can join the credit union.
Today, Palmetto Citizens Federal Credit Union serves more than 58,000 members, with assets over $620 million.
Click here for more low-rate auto loans.
Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and 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.