Vehicle Loans
Borrow
New Vehicle Loans
Whatever the reason, an ERCU Vehicle Loan will give you the flexibility that you’re looking for.
The credit union makes loans for the purchase of cars, trucks, vans, motorcycles, boats, trailers, tractors, and basically most motorized vehicles that are titled. New vehicles may be financed for 84 months depending on its loan value. Demonstrator and program vehicles are classified as new vehicle purchases. The credit union can assist you in an evaluation of the dealership offer. We encourage you to bring their deal to us. Quite often we can assist you in saving hundreds or even thousands of dollars: even if you don’t complete the loan with us!
Benefits of Emergency Responders Credit Union Vehicle Loans:
- Typically lower interest rates
- Closed end loans with flexible terms, from 24 to 84 months
- Fixed-rates, so you can better plan for your budget!
Used Vehicle Loans
Used vehicles may have a repayment period up to 84 months, depending on the loan value of the vehicle. The used vehicle loan program is available to purchase vehicles up to 20 years old.
Benefits of Emergency Responders Credit Union Personal Loans:
- Typically lower interest rates
- Closed end loans with flexible terms, from 24 to 84 months
- Fixed-rates, so you can better plan for your budget!
Car Buyback
The Car Buy Back Program is perhaps one of our most successful programs. The Board of Directors realizes that new members may join the credit union that have existing vehicle loans at other institutions. They also realize that often times members purchase new or used vehicles “on the spot”. The credit union will “buy back” those loans for member refinancing at the credit union. We will reduce your interest rate by 25%, subject to the existing floor rate of used vehicles, and pay you $25 for each loan that you refinance with us.
Apply for a Emergency Responders Credit Union Vehicle Loan today!
Please email staff@emrspcu.com, call the credit union at: (336) 723-0619, or visit our office.
