Car and Other Vehicle Rates
| Effective 11/01/2024 | APR |
|---|---|
| *Auto Loans | 6.50 to 17.50% |
| Other Collateral | 8.50 to 17.99% |
The Annual Percentage Rate you receive is determined by your credit history and other underwriting factors. Please ask a loan representative about your qualifying rate.
Discounts: Must qualify for discounts at time of loan closing
- 1% Automatic payment from a Connects Checking Account
- 1% Direct Deposit to a Connects Checking Account
- 1% Multiple Loan Discount
* Rate cannot go below credit union floor rate. Discounts do not apply to Lines Of Credit, VISA Credit Cards, Shared Secured, CD Secured, HELOCs and First Mortgages)
Payment: Your payment will be determined at the time of the advance and will be disclosed on the voucher accompanying your advance. However, your minimum payment will never be less than $25.00 per month.
Late Charge: After 15 days from the due date, the late charge will be 5% of your payment.
Collection Costs: You agree to pay all costs of collection to include 33 1/3% attorney fees, court fees, and any other expenses incurred in the collection of the amount due.
Ask about our Rate Matching Policy.
