Vehicle Loans: Auto, Trucks and RV's!

Refinance & Save • For Sale at ICCU • GAP Insurance • Win Your First Auto Payment • Winners
Car Buying Considerations • Love My Credit Union.org (vehicle savings) • Monthly Payment Calculator
GM Discount for Credit Union Members

ICCU has outstanding rates and terms on all types of vehicle loans. There is never a fee to apply for a consumer-type loan at your credit union. Get low rates and comfortable terms on loans for cars, RV's, trucks and toys.

Free Auto Purchase Paperwork Review Service: ICCU offers a free review of your auto purchase paperwork, along with free loan pre-approvals (pre-qualifications). Both free services could save you hundreds if not thousands of dollars on a vehicle purchase. Both take just a few minutes. Stop by the Isabella Road or the Downtown office BEFORE you sign on the dotted line!
Free Credit Report Review Service -- "Invest" 20 minutes with an ICCU loan office and have your credit report reviewed and credit options discussed and considered. Offered through www.annualcreditreport.com -- where consumers can receive a free credit report from the three major credit bureaus once a year.

Win Your First Auto Payment!

How it Works: Twenty four winners will be chosen from January to December 2012. Twelve will win their first auto payment from ICCU (paid directly on the loan balance, not to exceed $600). Another twelve will win a $50 gas card.

How to Enter: Members who finalize (close) their new or used auto loan with an ICCU loan officer at the credit union qualify for this offer. Refinanced vehicle loans brought to ICCU from another lender also qualify. In most cases, you will save money with lower payments.

Details: Entries will not be carried over to the following month. Indirect loans (ICCU auto loans closed at a dealership); refinanced ICCU loans and loans to official family members of ICCU are not eligible to win the first payment on ICCU. The monthly drawing is conducted in the ICCU lobby and the winner is chosen by an unbiased visiting members.

"First Auto Payment" 2011 Winners:

January -- Mary Ellen Smith won her first payment paid by ICCU.
February -- John Farlow won the first payment and LouAnn LaBerge ($50 gas card).
March -- Thomas Gilliam (first March auto payment); Rose Shufelt ($50 gas card). Thomas saved $1,500 when he brought his high-rate auto loan to ICCU, telling us "when I heard I won, I was tickled pink."
April -- Brad Holley and Gwynn Tillman-Holley; Kim McBryde ($50 gas card). Brad and Gynn told ICCU that, "we gaved Andrea the paperwork from our high rate bank auto loan. She did all the work. We saved 3% on the rate, and shortened the term, so it will be paid off sooner." Gwynn added, "We like the idea of having everything at one place, and since we own the credit union it made sense." "We've been members for a very long time."
May -- Brian Cain of Mt. Pleasant won his first auto loan payment on ICCU. During the photo shoot, he told ICU that, "Loan Officer Rod is number one!"

He continued, "Rod was amazing, and helped me a great deal" throughout the auto buying and lending process. Brian, shown here with Loan Office Rod K., said, "Rod is really good at what he does, and it was easy to work with him."
June -- Congratulations to Heather W., who won her first auto loan payment on ICCU. Heather is shown here in her new truck, along with Loan Officer Cristina D. Heather said that "she and Cristina worked for "a long time to find the right truck to fit her budget." "Cristina was patient and helpful." Heather said, "I love my new truck...because I can afford it, and I can hault dirt and gardening supplies in the back!"
July -- David H. saved money by refinancing two high-rate bank loans with ICCU. He told ICCU that he "saved hundreds by refinancing his auto loan and his son's auto loan." David also re-worked the GAP insurance on the auto loans, also saving a few more hundred dollars. Loan Officer Rod, shown here with David said "It was great to see David win. He was thrilled when I told him how much he would save, and winning made it even better."

August -- Alex H., age 19 works three jobs and is a full-time college student. She was thrilled to have a car that, in her words, "actually runs!" At age 14, Alex started using ICCU's Student-Run Credit Union (located inside the high school at the Mt. Pleasant Tech Center), where she learned to be a smart money manager. She credits her parents and her credit union for helping her accomplish this goal.
September -- Julie Wins!

Julie enjoyed the quick service, and working with Loan Officer Stephanie.

Their smiles tell the story, we don't need to say more.

October -- David P. Wins!

David called to inquired about refinancing his truck loan (with another lender).

Loan Officer Stephanie (above) assisted him. David said, "It went just like she said it would...Quick, easy and done!" He added, "And, I am saving money each month with a LOWER truck payment!"

Auto Loan Rates: Check out ICCU's low interest rates and apply online for your next loan.

Invest In America -- Member Auto Purchase Discounts:

For discounts on new GM vehicles for credit union members, click on the "Invest in America" logo below. This effort is a cooperative partnership offered by America's Credit Unions.

Fast Approvals

Loan decisions are typically made the SAME DAY often within hours
There is never a fee to apply for an auto loan at ICCU
Payroll deduction makes it easy to make your monthly payment

Car Buying & Financing Considerations:

There are many ways to obtain financing on a vehicle. Some people do their homework, visit a loan officer, get pre-approved and shop knowing how much they can responsibly afford, and buy a quality vehicle for a quality price.

Others, fall in love with a car, truck or SUV and within minutes make a financial decision at a dealership that binds them for 84 months (that's seven years!).

Buying a vehicle is a personal decision. It is not your credit union's place to tell you what to do, or how to do it. ICCU does however, have an obligation and a commitment to help members get the best deal, rate and financing terms for their individual situation.

ICCU encourages members to spend 15 minutes with a loan officer PRIOR to shopping for any vehicle. The conversation can include calculating payments, determining values and re-sale, consider options and back-end products and warranties. That 15 minutes may be the best investment you'll ever make!

Free Payment Calculator: To calculate a
monthly payment, click here.

The Gap Advantage: An optional benefit that gives you peace of mind, if your vehicle is "totaled" or stolen and not recovered. With GAP coverage, not only will you receive the difference between the value of your vehicle and its unpaid loan, you will also get a head start on financing a new or used replacement vehicle at your credit union.

Your credit union offers GAP coverage at discounted rates AND the cost can be combined into your loans so there are NO OUT OF POCKET costs. To learn more, click here.

Apply Online: To apply online, using our safe application process, click on the "Apply" link on the left. A loan officer will contact you within hours, and assist you with entering the contest, upon approval.

Want a Lower Car Payment? Refinance!

If you have a new or used auto loan at any place other than your credit union, consider bringing it to ICCU. In the majority of situations, you will save money each month, and throughout the life of the loan.

There is no cost or fee to refinance your non-ICCU auto loan. ICCU will also cover the cost of the title transfer, and there is never an application fee.

ICCU members Brad and Gwynn saved over $1,500 by refinancing their high-rate bank loan with ICCU, and you could too. It only takes 15 minutes to find out if you will save money. Contact an ICCU loan officer today to see how much you can save!