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America's Christian CU
America's Christian Credit Union
Auto Loan

New | Used | Refinance

Whether you’re shopping for a car, truck, SUV, van or crossover - new or used - ACCU can help tailor a loan solution that will fit your needs and budget.

Financing for new and used cars!

Our low-rate auto loans are great for both new and used vehicles. We also offer auto loan refinancing options (for non ACCU loans). We would be honored to pray over you, walk you through our personalized loan process, and equip you for your next auto purchase – and the many adventures and memories ahead.

Auto Loan Features:

  • Fixed auto loan interest rates as low as 2.49% APR1
  • Terms up to 84 months (7 Years)
  • Pre-Approvals for additional buying power
  • 0.50% rate discount with automatic payments
  • Up to 100% financing, including tax & license (new vehicle)2 & up to 100% financing of Kelly Blue Book Value (used auto)3
  • Discounted GAP coverage & Mechanical Breakdown Insurance available
  • Debt Protection Services Available
  • First Payment deferral up to 90 days4
  • Up to two Skip-a-Payments per year

Today's Rate - Valid 11/24/2020
New and Used Auto Loans
As Low As
2.49%
APR

Dealer Financing vs. Bank Financing: Are Rebates Better?

At first glance, 0% financing appears to be the best option when purchasing an auto. However, if you choose to finance through a bank or credit union you may be eligible for a dealer rebate. Use this calculator to help determine which is the best option based on when you anticipate selling your car and purchasing a new one.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

Additional Auto Loan Programs
We understand that getting started on the right foot is essential. Whether that is building your credit with our available first-time buyer’s program or getting the right vehicle at the right price – we have you covered. In addition to our wide variety of financing terms and pre-approval program, ACCU membership includes access to exclusive discounts auto buying programs.
Our First Time Car Buyer Program is designed for young adults with limited credit history. You may find it difficult to find loan approval at many financial institutions, but America's Christian Credit Union is committed to helping you gain your financial footing.
  • No credit history required
  • Must have independent means of repaying the auto loan or a qualified co-signer
  • Maximum loan amount is $15,000
  • Personalized guidance through every step
Auto Buying Discount through TrueCars
  • No-haggle car buying discount service
  • No restrictions on makes or models
  • Driven by local dealer participation
Auto Buying Discount through Enterprise Car Sales
  • No-haggle
  • Thousands of makes and models
  • 109 Point Inspection by an independent, Certified ASE Technician
  • 7 Day Repurchase Policy and 12/12 Limited Powertrain Warranty
Our First Time Car Buyer Program is designed for young adults with limited credit history. You may find it difficult to find loan approval at many financial institutions, but America's Christian Credit Union is committed to helping you gain your financial footing.
  • No credit history required
  • Must have independent means of repaying the auto loan or a qualified co-signer
  • Maximum loan amount is $15,000
  • Personalized guidance through every step
Auto Buying Discount through TrueCars
  • No-haggle car buying discount service
  • No restrictions on makes or models
  • Driven by local dealer participation
Auto Buying Discount through Enterprise Car Sales
  • No-haggle
  • Thousands of makes and models
  • 109 Point Inspection by an independent, Certified ASE Technician
  • 7 Day Repurchase Policy and 12/12 Limited Powertrain Warranty
Financing with Christian Values
Reliability is essential — especially when it comes to your and your passengers’ safety on the road. Whether you’re taking the kids to school, or finally taking off on that long-awaited cross-country road trip, you need a vehicle in good working order. Let us help!
Auto Loan Frequently Asked Questions

Do I need to be an America’s Christian Credit Union member to apply for an auto loan?

You don’t need to be a member to start an auto loan application. However, you’ll need to qualify for and complete membership to finish the process. We are all about a life-long relationship – and there are discounts for automatic payments through our checking accounts – so if you want to get membership started first (it’s quick and easy), you can do so here.

How do I refinance a car loan?

Refinancing your car is an easy way to lower your car loan interest rate and monthly payments. You’ll need the right information and documents (car mileage, VIN, current car loan numbers, driver’s license, and income verification), then we’ll take it from there.

We will need to check your credit history and then let you know whether you qualify for a lower interest rate or lower your payment (depending on your goals). If you do, they’ll work with you to run the numbers and set your new loan term to a lower monthly car payment. Schedule a consultation with one of our loan officers to discuss available refinance options.

What kind of credit score do you need to get a car loan?

The credit score you need to get an auto loan depends on the lender, but the average borrower will need a score in the low 700s for a new car loan and mid-600s for a used car loan. Our minimum score to approve an auto loan is 640. Your exact rate will be set based on several factors, in addition to your credit score.

Credit history (credit score) is one of the main factors lenders consider to determine auto loan approval. It shows them whether the borrower is high or low risk. Most financial institutions will look at the borrower’s industry-specific auto FICO® Score and their base FICO® Score from the one (or all three) consumer credit reporting bureaus: Equifax, Experian, and TransUnion. ACCU uses Experian as our bureau of record.

A borrower’s credit score doesn’t just determine car loan approval and the available rate and term; it also affects the interest rate the borrower is given. While it’s possible to find car loan interest rates between 0–2% on new car loans, borrowers will require a credit score of 700 or higher and generally forfeit any rebates offered by a factory – so that may be needed to be taken into consideration as part of the overall auto expense. Additionally, while a borrower may find an auto loan lender willing to accept an average (mid-600s) or low lower than our minimum fico of 640, the borrower’s interest rate will likely be two to five times higher (we have seen up to 24%) than those with average or excellent credit.

1 – APR = Annual percentage rate. Loans on approved credit. Actual APR based on creditworthiness. Not all applicants will qualify or qualify for the lowest rate. See current rates and terms. Membership required–based on eligibility. “As low as” rate at each loan includes a 0.50% discount for ACH/automatic payments. Actual payment depends on the term chosen. For example, a loan with a term of 1 - 36 Months at 2.49% is approximately $28.63 per $1,000 borrowed; 73 - 84 Months at 3.49% is approximately $29.08 per $1,000 borrowed. Actual payment will vary based on the total amount financed. A one-time $25.00 loan funding fee will be applied to the loan’s principal balance upon acceptance of qualified rate and terms. This will increase the principal balance and effective APR. Must qualify for membership. A $2.00 membership fee may apply.

2 – A new auto is considered to be a vehicle whose model year is up to one year older than the current calendar year or newer.

3 – A used auto is considered to be a vehicle whose model year is more than one year older than the current calendar year. Used vehicles are subject to Kelly Blue Book’s valuation.

4 – Must be requested by borrower. Interest will continue to accrue during this period. Repayment of the loan is still subject to the number of installments chosen at time of funding (i.e. 36, 60, or 84 monthly payments). Current ACCU loans not eligible for promotion.

5 – A first-time auto buyer is considered an individual who has not had a previous car loan (as indicated on their credit report). Not all applicants will qualify, or, qualify individually, and may require a co-signer.