Auto Loans
If it seems like you need to be a world class negotiator these days to buy a new car, van or truck, you’re not alone. That’s why many smart new car buyers are turning to pre-approved financing. With a pre-approved auto loan from Science Park Federal Credit Union, buying the new or used vehicle you want can be quick and easy. That’s because we “pre-approve” you for the amount you need, before you visit the dealership. And there’s absolutely no obligation to buy a vehicle or take the loan. With an Science Park Federal Credit Union Auto Loan, dealers will view you as a cash member and you’ll be in a much better bargaining position. You’ll have the ability to negotiate a better vehicle price and, in most cases, drive away the same day. Here’s how to get started:
- First, take our One-Minute Auto Loan Test. You may be surprised to find out how much more car you can drive.
- Order your Credit Report to make sure you’re in good standing.
- Apply for pre-approval with our Secure Loan Application, or call us at (203) 786-5885. We’ll get back to you right away with the answer you need.
- Call or visit a local auto dealer to get a price quote on the vehicle you want. Of course you’ll want to let the dealer know that you’ll be financing your vehicle with us, AFTER you’ve made your best deal.
With a Science Park Federal Credit Union Auto Loan, you’ll get reasonable rates and a flexible repayment plan. We’ll also help you figure out what financing program is right for you.
Consumer Loan Rates Effective May25, 2023
| AUTOMOBILE | |
| Fixed Rates; 110% Financing available | |
| NEW AND USED AUTO FINANCING | As low as 4.25% APR |
| TERM UP TO 84 MONTHS CALL THE CREDIT UNION FOR RATE AND TERM INFO | |
| SHARE SECURED LOANS–. | |
| 4% OVER CURRENT RATE PAID ON SHARE SAVINGS | 4.050% APR |
| LOAN RATES ARE BASED ON MEMBER FICO SCORE. PLEASE CALL THE CREDIT UNION FOR MORE DETAILS |
|
| PERSONAL LOANS | |
| UP TO 10,000.00 | As low as 10.00% APR |
| TERM UP TO 60 MONTHS CALL THE CREDIT UNION FOR RATE AND TERM INFO | |
| RECREATIONAL VEHICLES/MOTORCYCLES | As low as 6.25% |
| Fixed Rates; 100% Financing available on motorcycles | |
| TERM UP TO 60 MONTHS CALL THE CREDIT UNION FOR RATE AND TERM INFO |
Rates are determined by FICO credit score. Payment example: $10,000.00 personal loan for 60 months at 10.00% APR is $212.48 a month. Auto loan payment example: $10,000.00 for 48 months at 4.25% APR is $226.96 a month. APR=Annual percentage rate Rates are subject to change at any time
