|
That dream vehicle is just around the corner at RCCU.
Save Money!!!
- Low, low interest rate of 11% per annum on the reducing balance.
- No loan processing fees. No hidden charges.
Peace of Mind
- 100% financing. You can get the amount needed.
- We can arrange affordable insurance coverage to protect your vehicle.
Flexible
Convenient repayment terms of up to:
-
Six (6) years for new motor vehicles.
-
Five (5) years for new passenger buses.
-
Five (5) years for pre-owned vehicles two years and under.
-
Four (4) years for other used vehicles and buses.
Safe
- Up to $150,000 in loan protection insurance is offered at no cost to you.
Convenience
-
Legal matters are promptly dealt with by our and Legal Department.
-
Through a standing order on salary, RCCU collects and then pays the annual premium on your vehicle insurance.
To apply call (255-2128) for an appointment with a Loans Officer or come in to our Loans Department and talk to our caring and helpful staff.
Items needed:
- A minimum of 10% of the total amount of loan requested.
- Invoice from the auto dealer.
- Invoice for the insurance premium.
- Employed persons--most recent pay-slip or salary statement from your employer.
- Self-employed persons-- recent financial statements of business.
- Details of security being offered. Interim security is needed for vehicles being bought on the internet and brought in from overseas.
- Your RCCU passbook(s) and a valid photo identification (eg. Social Security card or passport or driver's licence).
- Details of your liabilities and commitments (other loans, hire purchase, household expenses) for the application.
- If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection insurance coverage.
With a motor vehicle repair loan, members can get a vehicle in tip-top shape.
Yu enjoy the same benefits and features as vehicle loans.
In addition to the requirements for vehile loans, simply bring in:
|
Loans 