It’s widely regarded as the leading credit union for auto loans because it doesn’t have a minimum loan term

It’s widely regarded as the leading credit union for auto loans because it doesn’t have a minimum loan term

Customer Support

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If you have any questions regarding myAutoloan rates or the company’s online auto loans, you can either reach out to customer service or browse through the FAQ/Help sections. Customer support agents are knowledgeable and willing to help; however, you can only contact them by filling out a form on the site.

There are no phone or live chat options. The help section has a broad selection of reading materials, but that doesn’t exactly qualify as instant assistance.

At a Glance

  • Detailed credit score assessment
  • Wealth of resources
  • Quick approvals

Consumers Credit Union Auto Loan Review

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If you’re going with a credit union, you might as well go with one of the best-known organizations in the industry. When compared to the competition, one of the CCU’s key benefits is flexibility.

To become eligible for a loan, you’ll first need to become a member. Luckily, it’s an inexpensive, quick, and absolutely worthwhile process that can be done online or over the phone.

Lowest Rates and Discounts

Consumers Credit Union offers low car loan rates with a starting APR of just 2.24%. This option is available within a very flexible loan term of 0 to 60 months but limited to vehicles manufactured after 2018. Of course, you need to meet high credit score requirements before even considering this option.

The lowest APR for motorcycles is 4.90%, while RVs start at 4.40%. Note that these numbers are calculated with a 0.5% discount rate if you enable automatic payments through CCU. If you choose a third-party system, you’ll only get a 0.25% discount.

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