For those times in life when you need a little extra cash! Group Service Employees Federal Credit Union has the financing option for you.
- All loans are simple interest – no prepayment penalty
- Single-payment loans (secured or signature)
- New and used automobiles, trucks, vans, motorcycles and recreational vehicles
- Extended warranty/GAP coverage for new and used autos
- Boats, boat motors and boat trailers
- Personal or signature loans
- Share secured loans at special rates
- Mortgage referral services
- Fast personal loan processing
- Pre-approvals available
- Payroll deduction for loans
- Loan payments can be set up as payroll deductions or they can be paid directly to the Credit Union.
The Credit Union applies tier-based lending to all loans. The loan interest rate is set according to credit score.
Click herefor a loan application.
As of January 10, 2012
| Loan Amount |
Term
|
APR As Low As*
|
| New Auto |
Up to 60 Months
|
3.14**
|
| New Auto |
Up to 72 Months
|
3.39**
|
| Used Auto |
Up to 48 Months
|
2.89**
|
| Used Auto |
Up to 60 Months
|
3.14**
|
| Boats, Motors, Trailers |
Up to 72 Months
|
3.39**
|
| Signature |
Up to 36 Months
|
8.14**
|
| MC Platinum |
No Annual Fee
|
7.99
|
| MC Standard |
No Annual Fee
|
10.99
|
| Share/Certificate Secured |
Various
|
4%
|
** Loan Rates reduced by .25% for automatic payments and/or Savings balance of $2,000.
*APR = Annual Percentage Rate.
100 percent financing available on many vehicle loans up to Retail Value.
Cost of funds cannot exceed 18 percent. Rates Subject to change without notice.