24/01/2025
18h58
Community Credit Union Car Loan

Who can apply for a Community Credit Union car loan?

Car loans can be applied for by Community Credit Union members for both new and used cars. For those who are not yet members, membership can be done quickly, allowing you to request credit on the same day.

Applicants must be of legal age and have an active bank account to facilitate the automatic debit process.

Requirements to Purchase Community Credit Union Car Loan

✔ Be a member of Community Credit Union
✔ Bank statements from the last 3 to 6 months
✔ Proof of income (2 recent payslips or proof of pension)
✔ Identity document and proof of address
✔ Car quote or invoice (for loans over €10,000)
✔ Other requirements may be requested

A tip for you!

Before applying for your loan, it is essential to review your budget to ensure that the installment amount fits comfortably within your finances. This helps to avoid unforeseen events during the payment period.

If you have opted for a loan with a special rate for amounts above €10,000, remember to include additional documentation, such as your car invoice, to guarantee the best rate.

Additionally, pay attention to payment deadlines to avoid extra interest. Shorter terms can result in larger payments but a lower total loan cost.

What are Community Credit Union car loan rates?

Interest rates vary depending on the loan amount. Tland ABR6.17%. For loans under €10,000, the interest rate starts at 12.67% APR.

For loans over €10,000, the rate can be reduced to 7.44% APR, with payment required via direct debit.

Loans for electric cars have a special rate starting at 6.7% APR, offering an interesting option for those who want to invest in a more sustainable vehicle.

How do I apply for a Community Credit Union car loan?

You can apply for your loan directly through the Community Credit Union website, either as a member or by signing up during the process. The application is simple and can be done online, without needing to leave home.
Click the button below to start your request and guarantee approval of your loan with special conditions!