How Neighbors United Can Help You Buy or Refinance a Car
There are few things more exciting than taking your newly purchased car for that first drive. But more often than not, a lot of that excitement fades pretty fast when it comes to making your first auto loan payment on that same vehicle. If you’re staring down a high auto loan payment from your bank, you might be wondering if there’s an alternative way to keep loving your car without the financial headache. What if we told you Neighbors United Federal Credit Union could help significantly reduce your auto loan cost and make purchasing a car far easier?
While many frequently confuse credit unions as “a type of for-profit bank”, in reality, credit unions are non-profits that are owned by it’s membership. Their goal? To provide affordable low rates to members. That means any time you apply for an auto loan with Neighbors United FCU, you’ll be receiving a much more competitive rate that will reduce your monthly payments. But in case you need more convincing on why a credit union is the best option for your next auto loan, here’s a few ways we can help you buy or refinance your car.
Financial Planning For Your Purchase
Sometimes you need help figuring out your finances before you purchase a new or used car. Neighbors United FCU can offer pinpointed guidance to navigate costs, payment plans, and more before you purchase your vehicle. That way you’re on the road not only with the car you need, but with the right auto loan that works for your needs.
Providing You A Low Rate On Your Auto Loan
The best way we can help you purchase that dream car is to get started on a low-rate auto loan. Whenever you apply, all we need is proof of insurance and proof of income. We will evaluate your credit situation and find the best way to help you get the right loan to buy the vehicle you need; at a low rate you can afford.
Providing A Faster Payment Plan
Because of our low rate, that means each month when you make a payment on your auto loan, you’re actually paying back more of what you owe and spending less on high rates and banking fees. So, while a bank auto loan might take 5 years to repay, with Neighbors United FCU you could pay off your car in just 3 years!
Helping You Escape From Big Bank Rates
If you’re feeling stuck in a high-rate high payment auto loan at a big bank, Neighbors United FCU can help by refinancing your car. That means we will cut your current rate by as much as half, and get you on a healthier payment plan where you aren’t being charged an arm and a leg just to deal with big bank fees.
So, after all this, why would you ever go back to a high payment at a for-profit big bank? Apply for an auto loan or refinance your auto loan with Neighbors United FCU today and we’ll get you on the road in the car you need with the right payment plan for you.