NuVision Launches First-Time Buyer Auto Loan
Do you know someone looking to buy their first car? NuVision's First-Time Buyer auto loan program is available for members 18 years or older and with no established credit required.
The First-Time Buyer can choose a new or used auto loan up to $15,000 with rates as low as 5.99% for 60 months, including potential discounts for a 20% down payment, auto transfer from a checking account, and/or a GPA of 3.0 or higher.
As an added bonus, members who finance their first car will automatically be approved for a $500 Visa Credit Card.
"Many young adults work hard, go to school and pay their bills, but they still lack the credit history required to qualify for a typical auto loan," said Karrin Cameron, Director of Consumer Lending at NuVision. "This program gives those buyers a great option to meet their needs and help establish their good credit in the process."
You can apply online, apply over the phone at 800.444.6327, or visit one of our convenient branch locations. And to make shopping even easier, Autoland will find a car for you within your budget and deliver it directly to the credit union.
* *APR = Annual Percentage Rate. Rate shown reflects a .25% discount for Automatic Payment from a NuVision Checking Account that receives a Direct Deposit, a .25% discount for Loan-To-Value (LTV) of 80% or less and GPA of 3.0 or higher. Payment example: For every $1,000 borrowed at 5.99% APR for 60 months, your monthly payment will be $19.33. Must show official school transcript with a minimum GPA of 3.0 to receive discounts on rate. Must show proof of at least one year of sustained employment, proof of income, and proof of insurance at the time of car loan closing. Loan will be reviewed annually. Checking with Direct Deposit or 5% down payment required. This offer does not apply to existing NuVision Federal Credit Union loans. Vehicle must be less than 10 years old and have less than 50,000 miles. Rates and terms subject to change without notice. This offer is valid once membership is established and Auto Buying Quiz is completed with a minimum score of 7 out of 10. NuVision reserves the right to change or cancel this offer at any time.
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NuVision Federal Credit Union
7812 Edinger Avenue
Huntington Beach, CA 92647
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.