First Time Auto Loan
Ready to buy your first car? We can help!
Buying a car on your own for the first time is an exciting and unforgettable moment; but when it comes to financing, things can be a bit confusing. We can help make sure your first big purchase is stress-free and successful with our First-Time Auto Buyer Program. This loan will not only help you purchase your first vehicle, but also provides the opportunity for you to establish a positive credit history in the process.
Features
- Loan amounts up to $15,000
- May finance more with 5% to 20% down towards the purchase
- Great low rates
- Low Monthly Payments
- No Co-Signer Required
- Start establishing good credit
Qualifications
- Must be at least 18 years of age
- Minimum 1-year employment with present employer
- Must meet current debt-to-income ratio requirements
- Proof of automobile insurance is required prior to funding
- Current SCCU Member
- Must have direct deposit with SCCU
- No credit required, however, no derogatory credit is allowed
- Will allow proof that a collection is paid
- Two references