1 out of 5 stars, based on 6 customer reviews, 3.2 out of 5 stars, based on 1 customer reviews, 1.7 out of 5 stars, based on 192 customer reviews, 2.6 out of 5 stars, based on 351 customer reviews. Residency, work, study or worship in lower Michigan or an immediate relative of a CCU member. Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income. Wait for Consumers Credit Union to disburse your funds. Consumers Credit Union Auto Refinance offers loan terms of up to 84 months. We may also receive payment if you click on certain links posted on our site. Required fields are marked *, If you’re a first-time car buyer, or it’s been a long time since you bought…, If you’re a first-time home buyer, you might be a bit overwhelmed by the whole…. Get pre-qualified for used car financing and receive competitive, personalized rates. We update our data regularly, but information can change between updates. Rates, terms and condition are subject to change and may vary based on credit worthiness, qualifications and collateral conditions. With locations in Michigan, Consumers Credit Union offers a range of personal and business banking services to help you meet your financial needs. For dealership payments, you’ll typically receive a cashier’s check. Enter your ZIP code to find a branch near you. Credit Karma brings up many great points, such as knowing how much you can borrow. Take control of your car shopping experience with a pre-approval from Consumers Credit Union! Open a 4.00% APY Serious Interest Checking! From your pre-approval to the loan closing, we’ll walk with you every step of the way to make sure you get the car you want. A pre-approval is a process in which we send a loan application through underwriting to  determine whether or not we can offer a conditional pre-approval based on your application. Welcoming all individuals who live, work, worship or are enrolled in post-secondary education in the Lower Peninsula of Michigan. Corporate Profile Consumer Portfolio Services is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit … We’ve got some of the best auto loan rates and affordable payment options across Lower Michigan. Consumers Credit Union’s physical offices are in multiple cities throughout Illinois. You are about to post a question on finder.com: I agree to Finder’s terms of use and privacy and cookie policy, and I opt in to receive email from Finder, Subscribe me to Finder’s free weekly newsletter for budgeting tools, timely news and savings essentials to take control of your finances, 32 East 31st Street, 4th Floor, You will be pleased with … Desired Monthly Payment. *After you complete an application, your application number is emailed to you along with confirmation. Our offices, unless under construction, remain OPEN regular hours during current COVID restrictions. Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out. Credit Life & Credit Disability Insurance 1. Consumers Credit Union offers a wide range of loans with competitive rates to help you make your next big purchase. Your rate is determined by your credit history. Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted. 18+ years old, annual income of $4,000+, no active bankruptcies. Need help with something else? For questions about the Consumers Credit Union Car Buying Service please call 1-855-313-9222. Finder.com LLC. Loan application must be taken at Consumers branch or online at consumersbank.com. Warning! Once you’re ready to start the car buying process (or if you’ve found a car and are ready to go! First Name * Middle … Take control of your car shopping experience with a pre-approval from Consumers Credit Union! If you aren’t a member, you’ll sign up while applying. Long loan terms. Federally insured by NCUA. Legal US resident and at least 18 years old. Of the few reviews that are there — all negative — none outright mention its car loan product. Your likelihood of approval is higher with a credit score of at least 500 and steady employment. Why should I get an auto loan pre-approval? Finder® is a registered trademark of Hive Empire Pty Ltd, and is used under license by You are also agreeing that you read, understood and consent to the language and authorizations outlined in Consumers Credit Union… To qualify for an auto loan with Consumers Credit Union, you must meet standard eligibility: Consumers Credit Union makes the process of getting an auto loans more personal than you’ll find with most other lenders. Get our weekly newsletter for the latest in money news, credit card offers + more ways to save. Once you’ve found your car, it’s onto the financing department where you hope to get the best rate based on your credit history. And rather than a minimum or maximum, your loan ultimately depends on the cost of your car. The Balance points out that if there’s a problem with your credit report, you can find out about it and fix it before sitting down with the finance manager at a dealer. Low, fixed rates with flexible terms Loans … It looks at factors like your career history, how long you’ve been at your current job and your credit rating when considering your application. Here’s a roundup of some of the top credit union loans for cars — offering the lowest auto financing rates, the best terms, the best credit union auto loan rates and the overall best auto loans to its members. Our offices, unless under construction, remain OPEN … All loans are subject to approval. There are no fixed limits on your loan amount, and you’ll face fewer restrictions than you might with other lenders. Most auto refinancing loans have a maximum term of 60 months. Plan to buy or refinance a car model that’s no older than 2007. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. The rates and terms you ultimately qualify for depend on the age of your car along with other factors. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Consumers Credit Union doesn’t advertise a list of required documentation for auto loans, though expect to provide government-issued ID and a copy of your most recent pay stub. Click to get started. We say “could be” because the final loan approval is dependent upon the collateral (vehicle) you find. New York, NY, 10016. This gives you additional control over the car buying process. Please click on rates to see CCU's most current loan rates. CCU can also finance boats, RVs and motorcycles. What types of car loans does Consumers Credit Union offer? No. Whatever your needs, CCU has the perfect lending solution for you. How an auto loan pre-approval helps with the car buying process Buying a new car … If it’s time to hit the highway in a new set of wheels, an auto loan from Consumers can help you reach your destination! While. Loan Amount. Requirements to join the credit union include: Consumers Credit Union doesn’t advertise many hard credit requirements for its auto loans. When you’re ready to buy your next car, we’re here to help! Quickly compare multiple online lenders with competitive rates depending on your credit. This can give you an opportunity to negotiate a price in your favor because you know the maximum you can spend and still maintain a comfortable payment. If we find that we can offer a pre-approval, we’ll let you know what amount you’re approved for, the term of the loan and what the lowest rate could be for your new vehicle. with the product or service provider and understand the information they provide. See our current loan interest rates. 550+ credit score, no open bankruptcies, $24,000+ annual income, US citizen or permanent resident, 18+ years old. Anna Serio is a trusted lending expert and certified Commercial Loan Officer who's published more than 1,000 articles on Finder to help Americans strengthen their financial literacy. To ensure you have the most up to date information, you should verify relevant information Individual car loan interest rates are going to vary based on your credit score, but a quick look at some of the annual percentage rates offered by the largest credit … Do I need to visit a branch to become a member? You’re about to leave our site. 18+ years old, good to excellent credit, US citizen. For individuals and families trying to figure out how to pay off debts, American Consumer Credit Counseling (ACCC) provides nonprofit credit counseling, credit card reduction and consumer debt management services for consumers nationwide. Term in Months # of Applicants. Click here to get started! information service that aims to provide you with information to help you make better decisions. With the Consumers Credit Union car loan payment calculator, you can figure out just what your monthly payments will be and how it will affect your monthly budget. If you choose to later apply for a loan, we will request your full credit report from one or more consumer reporting agencies. We may receive compensation from our partners for placement of their products or services. Apply online or contact an auto loan … While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. Must provide proof of income, proof of residence, and proof of insurance. Consumers Credit Union’s car loans come with some of the most competitive rates in the market. ), head on into a Consumers office, visit us online or call us at 1-800-991-2221, and we’ll work on pre-approving you for your loan. Finance a new car or refinance an existing auto loan with CCU. How an auto loan pre-approval helps with the car buying process. Loan terms range from Up to 15 years, with the lowest rates being offered for loans … Its auto loans are best for borrowers who want flexible terms and like the services offered … Minimum income of $6,000. We may receive payment from our affiliates for featured placement of their products or services. finder.com is a financial comparison and information service, not a bank or product provider, We cannot provide you with personal advice or recommendations, Data indicated here is updated Our offices, unless under construction, … If … NerdWallet lists five reasons you should get auto financing before heading to the dealership. You don’t need to be a CCU member to start an application, but must join the credit union during the process of getting your loan. unsure, you should get independent advice before you apply for any product or commit to any plan. By clicking "Check My Rate," it will not affect your credit score. Our certified credit counselors provide financial education for anyone wanting to learn how to get out of debt and how to eliminate credit … Today, digital publications like Business Insider, CNBC and the Simple Dollar feature her professional commentary, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020. to us. Credit score of 500+, legal US resident and ages 18+. Model year and mileage guidelines apply, so ask your loan officer for complete details. 2021 Consumers Credit Union. Optional, only if you want us to follow up with you. Your loan term will depend on the year of your vehicle. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Learn how we maintain accuracy on our site. Visit our Connect & Support page. Apply online at Consumers Credit Union’s website: Approval for a CCU auto loan can take from 24 to 48 hours. With under 10 combined reviews between its Better Business Bureau profile and Trustpilot, there’s not much in the way of first-hand accounts with Consumers Credit Union. It’s easy to become a member! You can add mechanical repair coverage to your auto loan to protect you 24/7 if your vehicle breaks down. Once you’re pre-approved, you can walk into the dealership with confidence! You can open an account online, in person or on the phone. Save time and effort with this lending service specializing in beginner-friendly or subprime car loan. Existing Consumers National Bank auto loans are not eligible for this promotion. The bottom line: Consumers Credit Union is an Illinois-based credit union that lends nationwide. All rights reserved. TrueCar, Inc. ("TrueCar") operates this information publishing website ("Service") that features pricing, performance, technical and safety data available for new and used car… How do I find a Consumers Credit Union location near me? Car Loan Rates *Not all applicants may qualify for the fixed base rate. View the current rates being offered to the members of Consumers Credit Union for Checking & Savings accounts, Certificates, and Loans. Eligibility for the promotion and consummation of eligible loans is subject to standard credit … As an open-to-the-public, not-for-profit institution, our unique focus is on you, the consumer. Please check your email or give us a call at 877.275.2228 option 8, extension 6500. Your final rate and loan term, and thus your monthly payment, will be determined by the collateral and conditions of the loan. Consumers Credit Union Auto Loan is offered by Consumers Credit Union, a credit union founded in 1930 and based in Waukegan, IL. We may rely on information that is provided With an auto loan pre-approval, you’ll show your salesperson that you’re an informed buyer who knows what they want. At this point, they might ask to set up a meeting to make sure you’re a good fit, providing you with a list of documents to submit. The credit union offers a complete array of products and services to its members &,amp,amp,mdash,checking, savings, debit and credit cards, vehicle and consumer loans, money market accounts and certificates of deposit, along with a variety of mortgage products.&,amp,amp,nbsp,Consumers Credit Union is a Federally Insured State Chartered Credit Union … Pick up the phone and give us a call to check the latest loan and saving rates. If you want to take some of the mystery and misery out of the car buying process, start with an auto loan pre-approval! Finder is committed to editorial independence. Loan terms range from Up to 15 years, with the lowest rates being offered for loans with shorter terms. Loans. We may also receive compensation if you click on certain links posted on our site. Applicant 2 Information * = required fields. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. regularly. By following this link, you will be leaving Consumers Credit Union’s website. Best Car Loan Rates From Credit Unions. Sifting through dealerships, prices, reviews, warranties and the opinions of your friends can be overwhelming and only complicated when you arrive at the dealership for a test drive. We will consistently have superior loan rates and superior certificate of deposit rates with lower fees. Consumers Credit Union offers flexible auto financing with competitive rates for vehicles from 2012 or newer. Your email address will not be published. Title. About CPS. Vehicle Loans Term APR* as low as; New Auto Rates (2016 and newer) Up to 72 Months: 2.50%: Used Auto Rates (2010-2015) Up to 72 Months: 4.50%: Apply here for your Auto Loan Today! Confirm details with the provider you're interested in before making a decision. * Yes. Your good credit and signature is all it takes! But that’s not the only benefit of the Illinois-based lender: There is no minimum required credit score to be approved for a car loan… Go to the Consumers Credit Union website. A former editor of a newspaper in Beirut, Anna writes about personal, student, business and car loans. Buying a new car is both exhilarating and terrifying. A Consumers Credit Union auto loan starts at 2.69% APR for qualifying members nationwide. Thank you for your interest in a loan from your Consumer Credit Union. Consumers Credit Union Auto Loan is available in 50 states (and … No. Mondays through Thursdays from 9 a.m. to 5 p.m. Central Time. Our offices, unless under construction, remain OPEN … For instance, an older vehicle with more miles could come with a higher loan rate, while a newer vehicle with lower mileage could have a lower rate. All borrowers are required to speak with a CCU rep to after applying to make sure it’s a good fit. Our end goal is to provide service that's customized uniquely to you, backed by offerings that address all of your … To join, you’ll open a savings account with a $25 sharehold that you get back after you’ve paid off your loan. Get up to four offers in minutes through one simple application. Unsecured loans (a loan without using collateral) are designed to provide you with cash to use any way you wish, including debt consolidation. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. Rates listed include applicable discounts of 0.50% APR, for details please ask a CCU Rep. VISA, variable, real estate, share secure and existing CCU loans … Consumers Credit Union offers a simple tool for you to quickly obtain your loan payoff amount. Additionally, if you get a loan from a credit union you likely won’t be surprised by any hidden costs associated with auto loans. If you are To learn more about how car loans work and to compare lenders, read our comprehensive guide to auto loans. Apply for an auto loan through your dealership or directly with the credit union. The rates and terms you ultimately qualify for depend on the age of your car along with other factors. For more information on credit life and disability insurance, visit any … If the dealership you have in mind isn’t already a CCU partner, go through AutoSmart, an auto-buying service designed to help you find a vehicle and loan that’s right for you. Get connected with an auto lender near you, even if you have bad credit. Wait for a CCU rep to reach out to you with a preliminary idea of your rates and terms. Finance a new car or refinance an existing auto loan with CCU. Finder.com is an independent comparison platform and Credit Union Auto Loan Rates in January 2021. Membership with Consumers Credit Union, residency, work, study or worship in lower Michigan or an immediate relative of a CCU member, at least 18 years old, legal US resident, be employed, plan to buy or refinance a car model that’s no older than 2007. Finder experts pick Consumers Credit Union Auto Loans as a 2020 best pick for car loans. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Your email address will not be published. You will need an annual income of at least $6,000 to apply for Consumers Credit Union Auto Refinance… We strive to ensure our content is clear and honest. Multiple financing types available including new cars, used cars and refinancing. Consumers Credit Union - Refinance loan: Best for Auto loan refinancing Lending Club - Refinance loan : Best for Auto loan refinancing Frequently asked questions Follow the directions to complete and submit your application. Consumers Credit Union isn’t open on Sundays. Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada. Welcome to our upgraded Online Banking system! Are you a Consumers Credit Union Member? Cost of your vehicle breaks down loan can take from 24 to 48 hours rates * all... A new car or refinance an existing auto loan pre-approval certain links posted on our site as any endorsement recommendation... S a good fit Credit Karma brings up many great points, such as knowing how much you can an... In multiple cities throughout Illinois refinance a car Model that ’ s car does... 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