How do FSU auto loans work?
FSU doesn’t go into a lot of detail on its website about the sort of terms you can expect on your loan.
Interest rates start from 2.49%, but it’s highly likely you’ll need a good credit score to access rates this low.
Minimum credit score requirements aren’t disclosed by FSU.
However, if you have bad credit, FSU does offer an interesting alternative auto loan type called the ‘OnPace’ program.
You can choose to have an OnPace GPS device installed in your car.
This device will remind you when payments are due and disable the ignition if you miss any payments.
You can choose to have an OnPace device installed even if you have good credit, as this will get you access to lower interest rates.