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Auto Lease Glossary

 

 

Division 726 Federal Credit Union offers

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A simplified application process

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Instant credit decisions

bullet The choice and convenience of payroll deduction or automatic share transfers to repay the loan....a great way to establish credit history for a new borrower

 

 

Secured and Unsecured  Loans

We have loans for nearly every need.  Long term or short term...we will work with you to find the best solution for your borrowing needs.

 

Auto Loans

100% financing is available on new and used vehicle.  You have the flexibility to choose a plan that fits your needs.  We offer 36, 48, 60, or 72 month loans at an incredible 6.95%  for new vehicles and 8.95% for used vehicles.  We also finance the purchase of RV's and boats.

 

Home Equity Loan

Home equity loans are offered for your primary residence for a maximum of 15 years.  The first five years the loan is a revolving account.  The minimum loan amount is $10,000.  There are no points or repayment penalties.  Cooperative properties (co-ops), cannot be used as a basis for obtaining this type of loan.

 

A Word About Bankruptcy

Our credit union has been plagued with an extraordinary number of bankruptcies.  We offer our membership credit counseling services and encourage members with possible financial burdens to take advantage of this service.

  We are a financial cooperative.  When one member files bankruptcy, it impacts every member. Your borrowing power, percentage rates, and lines of credit are directly affected when members fail to live up to their personal obligations.  We are all part of one "credit union family".  Come in for a chat; lets work together to stay financially healthy.

Any credit line is evaluated based on equity in collateral, member's credit worthiness and ability to repay.

 

Home Loan Programs Saving and Checking Auto Option Program Personal Investing The Cards About Auto Leasing Savings Clubs Other Services Auto Warranty Contract Quality Used Cars Auto Manufacturers Auto Lease Glossary

Send mail to GPDocs@hotmail.com with questions or comments about this web site.
Copyright © 2004 Division 726 Federal Credit Union
Last modified: 01/24/07