Auto

Drive away in the new or used car of your dreams with an auto loan from Industrial Credit Union. Rest assured that your loan will be processed quickly. You can even get Industrial Credit Union financing right at the dealership through Credit Union Direct Lending.

Loan Highlights

  • Competitive low financing rates
  • Finance up to 100% plus tax, license, warranty and GAP Waiver
  • Flexible terms (0 – 84 months) to meet your needs
  • No hidden fees
Loan rates shown here are current as of:
January 1, 2017

New & Used Auto

This is provided to disclose the periodic rate and corresponding ANNUAL PERCENTAGE RATE (APR) for the variable and fixed rate loans under your Loan Agreement & Disclosure, in addition to providing rate information on our closed-end loan programs. The rates disclosed on this Loan Rate Schedule that are a part of your Loan Agreement & Disclosure are incorporated therein by this reference. All rates are fixed unless noted as variable.

The ANNUAL PERCENTAGE RATE you receive will be within the range disclosed. The APR and financing are based on your credit worthiness at the time of the advance.

All loan rates, fees and terms are subject to change without notice. Additional terms and conditions may apply.

All terms listed are the maximum amortization for repayment. Actual repayment time may vary based on additions to the principal balance and the timing between payments received at the Credit Union.

Maximum amortization for loans with a balloon payment will vary according to the type of security.

Late fees will be assessed when any payment is past due for a period of fifteen (15) days or more. The late fee on all loans will be 5% of the delinquent payment with a minimum of $5.00.

Consumer Loans

Vehicle loans include new vehicle purchases, refinance of vehicle purchases originally financed elsewhere, and loans secured by vehicles you already own, such as cars, trucks or street-legal motorcycles.

Recreational vehicles include new vehicle purchases, refinance of vehicle purchases originally financed elsewhere, and loans secured by vehicles you already own, such as RVs, boats, and airplanes.

Miscellaneous purchase loans include such items as pianos, hot tubs, tractors, dirt bikes and computers. Such items can be processed for the original purchase only.

Amount Term APR
Varies 0-84 Months 2.49% – 15.99%