Consumer Credit Union Auto Loan Review: Co-guarantors are allowed but must be a member to get a loan

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Consumer Credit Union Auto Loan

commission

$29 late fee after 10 days

Consumer credit union Consumer credit union Auto loan

Consumer Credit Union Auto Loan

commission

$29 late fee after 10 days

on the consumer credit union website

commission

$29 late fee after 10 days

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Pros and Cons of Consumer Credit Union Auto Loans

Insider’s Featured Auto Loans

  • auto loan

  • upstart automatic refinancing

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Consumer credit unions are ideal for borrowers with good credit who meet the credit union’s lowest interest rate or who need a co-guarantor for their loan. Credit unions with undefined minimum or maximum loan amounts are also a great option if you’re not sure how much you’ll need.

Borrowers will also pay late fees if payments are more than 10 days late, but avoid origination fees.

Compare consumer credit union car loans

Comparison of consumer credit unions

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Editor’s rating

3.5/5

Five-pointed star

Five-pointed star

Five-pointed star

Five-pointed star

Five-pointed star

Usual annual rate (APR)

Starting at 4.69% APR

Editor’s rating

4/5

Five-pointed star

Five-pointed star

Five-pointed star

Five-pointed star

Five-pointed star

Usual annual rate (APR)

Starting at 4.44% APR

Editor’s rating

4.5/5

Five-pointed star

Five-pointed star

Five-pointed star

Five-pointed star

Five-pointed star

Usual annual rate (APR)

Only 4.54% new, used and refinanced

All three lenders have comparable interest rates and require membership to get loans. penfed Open a savings account with a minimum deposit of $5. Borrowers paying a one-time membership fee of $5 Co-op I am a member of a consumer credit union.Sole Eligible Borrower naval federation Active duty military or veterans, and employees or retirees of the Department of Defense. Families of the above groups are also eligible.

See how car loans are evaluated ยป

Frequently Asked Questions

Consumers Credit Union is a Better Business Bureau accredited company and A+ gradeBBB is a non-profit organization focused on consumer protection and trust. We evaluate companies on their responsiveness to customer complaints, honesty in their advertising, and transparency in their business practices.

A good BBB grade does not guarantee a good relationship with the credit union. So talk to others who have used it to get more information.

The company has not been involved in the recent controversy. Between his BBB grade of top notch and clean history, you can rent from consumer credit unions with confidence.

Consumer credit unions may provide loan pre-approval within 20 minutes. Also, usually he will fund the car loan within 48 hours.

If you can make reliable and timely payments, you may be able to improve your credit score with an auto loan from a credit union. Consumer credit unions report payments (or underpayments) to three major credit bureaus.

Consumer credit unions do not have a minimum credit score required for auto loans. Instead, we consider each applicant on a case-by-case basis.

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