AUTO LOANS

Check out our competitive rates, personalized pricing, easy application processes and quality, personal service.

Auto Resources:

• Know before you buy – with Kelley Blue Book and JD Power vehicle value guides.

• GAP Protection – Guaranteed Asset Protection helps you avoid financial loss in the event your vehicle is totaled or stolen. Since Insurance settlements are based on the car’s actual cash value, they are often less than the loan balance. This creates a deficiency balance or a “gap” that could jeopardize repayment. GAP Protection covers that deficiency.

• Mechanical Repair Coverage – 24 hour Roadside assistance and Extended vehicle warranty. Protect your investments!

First Time Auto Loan Program

Need a new loan but never borrowed before? Get the cash you need and establish credit with our loan program for first-time borrowers.

If you have no credit history, limited history, or maybe you’ve used only cash rather than credit, you can apply. Build your credit history and reach for your dreams!

• Rates as low as 10.95% APR*

• For New or Used Auto

• Must be an OURCU Member

• Skip-A-Payment twice a year, every year**

*Conditions apply. APR= Annual Percentage Rate. Subject to approval and must be a member in good standing. Ask for details. Rates offered on auto loans are fixed and based on the individuals credit score. Term is based on the loan amount and credit score. Example: A $15,000 loan, on a 48 month term, with a rate of 6.49% is approximately $356 per month. Rate, down payment, and maximum term are dependent on credit.

**Skip-A-Payment Agreement Processing Fee: Your first Skip-A-Payment is FREE per loan, per calendar year. A fee of $25.00 is due and payable upon execution of the second skip-a-payment. Processing fees will be returned to anyone not eligible to participate in this offer. In order to skip your payment all loans and accounts must be current and in good standing at the time we receive your request, and your loan must have been opened more than 6 months ago and we must have received 6 months of payments regardless of the payment frequency. Note, both the primary member and co-borrower/cosigner (If applicable) MUST sign and return the attached form. The deferral of loan payments pursuant to this agreement will automatically extend the loan maturity date by a corresponding period of time. Deferral of payments will reduce the portion of future payments applied to the principal, which extends the term of the loan. Interest will continue to accrue on your loan as it normally does. Certain restrictions apply and not all loans are eligible for this program. We reserve the right to pull a credit report. Program subject to change.