Used Car Loans

Shopping For A Used Vehicle?

Used cars are important to consider when looking for a vehicle. A certified used car from one of our recommended, reputable dealers will be a great car for a much lower price than a new car. Our dealers can help you pick out the right car after we approve you for a loan amount and lock in your car loan interest rate. Often, you can get more car features for the same price as a more basic new car by going for something a few years old. Extra protection is an important consideration for vehicles no longer under warranty.

The first step is to get pre-approved for an amount. You then use this as your budget when shopping for a car. Preapproval does not affect your credit score, but applying for a loan does. When you are loan shopping, you can submit all of your applications close together and in doing so, it will have less of an impact on your score. If you want to use a credit union’s used car loan rate, you must become a member before the loan is completed. This involves opening a savings account and making a small deposit. Once your loan is approved, you can take the paperwork to the dealer and take possession of the vehicle. The loan is secured by using the car as collateral.

Check out our current rates and loan protection offers, apply now, or contact us to learn more about our used car loans and other services.