Members 1st Federal Credit Union - Consumer Loans - Vehicle & Motorcyle Loans
Consumer Loans - Vehicle and Motorcycle Loans
Looking for a new or new-to-you vehicle or motorcycle? Members 1st wants to help. With our low rates* and easy repayment plans we can design a loan program that won't put a strain on your budget.
*Your fixed rate vehicle loan rate may vary from what is listed on our rate sheet. Your interest rate will be based on your credit history and current credit report.
Pre-Approved Car/Motorcycle Shopper Loan
- Shop for your new car/motorcycle with realistic expectations with our Pre-Approved Shopper Loan. Rates based on model year. Lock in your rate for 90-days while you shop.
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New Vehicle Loan
- Finance up to 100% of sale price.
- 12- to 84- month terms.*
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Used Vehicle Loan
- Terms range from 12- to 84- months, depending upon the model year.*
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First Time Car Buyers Program - Available to college graduates
- To qualify for a special rate with this one time offer, you must:
- Be a college graduate
- May not have had a vehicle previously financed
- Be employed or have verifiable offer of employment with a salary sufficient to cover ordinary expenses and your loan payment
- Not have any derogatory credit history
Get your loan directly from us by applying online with EZ Loan, by phone or at a branch
and you'll get up to 90 days to make your first payment. Get your Members 1st loan directly
at the dealership through our On the Spot Loan program and we'll give you up to 45 days to
make your first payment. You are eligible for our First Time Buyers Program if you are within
30-days prior to graduation or we'll give you up to 6-months after graduation from a four-year
degree program; two-year associate's degree program, junior college, community college, nursing
school or trade school. Graduate students are eligible while enrolled in grad school if there
is proof of adequate income. No down payment required.
Auto Equity Loan
- Secure your loan against your primary residence
- May offer a tax advantage
- Rates, terms and auto years are the same as our regular car loan
On The Spot Auto Loans
Second Chance Car Loan
- Members may qualify for refinancing of an auto loan currently financed at another financial institution.
- Your rate will be our current rate and determined by the product term
and year, individual credit profile. The term is the remaining
term on the refinanced loan with no more than a 6-month extension.
- Certain restrictions may apply
Motorcycle Loans
- New and used motorcycle loans available*
- 12- to 84- month terms for new motorcycles; 12- to 72- month terms available for used motorcycles*
- Pre-approved shopper loan available
Loan Center Phone Numbers |
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(800) 283-2328, ext. 6040
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Loan Center Hours |
| Monday - Wednesday |
7:30 am - 5 pm |
| Thursday |
7:30 am - 6 pm |
| Friday |
7:30 am - 7 pm |
| Saturday |
8:30 am - 2 pm |
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