How do Mountain Credit Union auto loans work?
Mountain doesn’t make it clear what interest rates or repayment terms you can expect with one of its auto loans.
Instead, additional benefits such as mechanical breakdown protection, 24-hour emergency roadside assistance and, GAP insurance are offered as incentives for applying.
However, under a ‘regular loan’ category, Mountain states interest rates of 3.30% and repayment terms of 60 months.
You’ll have to contact directly to confirm whether this can be used on a car loan, though.
The minimum credit score requirement isn’t stated by Mountain.
Generally, if you want a low interest rate on your loan, it’s better to have a good score.
However, some credit unions can be very flexible when helping out members with poor credit.