If you're looking for fun on the road or the water this season, we have loans that make your getaways more affordable.
* APR = Annual Percentage Rate. Representative Example: A $25,000 loan financed at 4.50% APR1 for 59 months would result in 59 payments of $473.16. Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Gain Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Rates advertised are best available for vehicles year models 2012 or newer and with less than 100,000 miles. "As low as" rates listed are our best fixed rates on approved credit and include a .50% rate discount for Automatic Payment (AutoPay). Actual interest rate offered may be higher depending upon applicant's credit rating and other underwriting factors. Rates are .50% higher without AutoPay.
We offer two services which can help ease the burden of unexpected expenses.
Guaranteed Asset Protection (GAP) helps cover the difference between your primary insurer's settlement and the balance of your vehicle loan.
(Approximate cost $569. See Credit Union for details.)
As your car ages and racks up the miles, it could also rack up some big repair bills. Mechanical Repair Coverage (MRC) pays for covered mechanical repairs. It also protects you from the potential cost and inconvenience of covered breakdowns.
Whether you're taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because things happen. You're betting you can pay back your loan and you won't lose your job (to no fault of your own), or become disabled (due to injury or illness), or pass away, leaving your family responsible for your loan balance. You don't want delinquent payments and defaulted loans to cause you to lose your assets, negatively impact your credit rating, or cause financial distress for your family.
Protection that matters.
If a protected life event happens to you, Debt Protection will cancel or reduce repayment of your loan debt-helping to lessen your worries about paying loans during a time when your income may be reduced or lost and paying other bills becomes challenging. Protected events include:
Help play it safe.
Debt Protection* is a voluntary loan-payment protection product that helps ease the financial burden of delinquency, default, or foreclosure if a protected life event happens to you. And, simple eligibility requirements ease the enrollment process.
For more information call us at (818) 846-1710.
*Debt Protection is a product offered by Gain Federal Credit Union. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact a loan officer for additional information on benefit maximums, eligibility, limitations, and a copy of your contract.