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Auto Loans

If you're in the market for a new or used vehicle, choose Family Alliance FCU for your next auto loan. We'll give you the best deal with a variety of rates and terms that will fit your budget. Family Alliance FCU offers a wide variety of financing options, including:

  • New and Used Auto Loans - Now offering the same great low rate!
  • Motorcycle, Boat and RV Loans
  • Loan repayment period up to 72 months . Low down payments, including 0% down on many loans
  • Automatic loan payments from your share savings account

New Car Financing

Family Alliance FCU offers low competitive rates based upon your credit rating, down payment and repayment period you're looking for. Members can finance up to 100% and choose a repayment period of up to seven years. To determine what your estimated monthly payment may be, please use our Loan Calculator. Click Here (Current Loan Rates) (Apply Online)

Used Car Financing

Family Alliance FCU offers low competitive rates if you're looking to purchase a used vehicle. Members can finance a used vehicle of any make or model up to three model years old with a maximum term of up to 72 months. Used cars older than four model years please see Current Loan Rates. (Signature Loan Rates). (Current Loan Rates link) (Apply Online)

Lower your Auto Rate by 2%

Lower your Auto Rate by 2% APR* with Family Alliance FCU and you could save a bundle!!! Have you financed a new vehicle within the past 12 months? Bring us your car, truck or motorcycle loan from another lender and we'll beat their rate by 2%!*

Requirements

  • Vehicle must not be more than one year old.
  • When applying please bring the following to the Credit Union:
  1. Original Bill of Sale
  2. Original Financing Documents
  3. Title
  4. Payment Coupons
  5. Current Proof of Income
  6. Loan balance of at least $3,000

You could receive a rate as low as 5.50% APR* with terms up to 72 months! This offer is especially easy for you since there is no lengthy approval process. Apply online today or call our toll free 24 Hour Loan-by-Phone Service at 1-888-250-9572.

How Do I Apply For A Family Alliance Auto Loan?

  • Use our (Online Application) and apply through our secure Internet application system.
  • For 24/7 loan application service, use our convenient Loan-by-Phone Service. Simply call our toll-free number at 1-888-250-9572 and a friendly member service representative will walk you through the loan application process. Qualified borrowers will receive a loan decision immediately. In some cases, your application may require more information and take to the end of the next business day for a decision.
  • Apply in Person. For your convenience, print a copy of our (online printable loan application) and complete the application before your visit. All applicants should bring current proof of income along with their application. Family Alliance is located in the Byron Station Shopping Center at 8601 Honeygo Blvd., Suite H in White Marsh, Maryland. (Map Quest directions link) No appointment is necessary.

GAP Coverage Available

Choosing and financing a new or used vehicle is an important decision. Did you know that if your vehicle were to be totaled or stolen, your insurance company may not pay off the entire loan balance?

That is because your insurance company settlement is based on the vehicle's actual cash value. And because of the way cars depreciate, especially in the first few years, the outstanding loan balance is usually higher than the actual cash value. You could end up having to pay off a remaining loan balance for a vehicle you can no longer drive.

Family Alliance FCU currently offers a product called Guaranteed Asset Protection or GAP coverage. GAP would pay the difference between your insurance settlement and your loan balance and may even cover up to $1,000 of your insurance deductible. At your Credit Union, the cost of this product is just $264. If you are in the process of purchasing a new or used vehicle or have recently done so, contact our Loan Office at 410-931-3123 x 19 for more details.

Automotive Links

Credit Life & Accident and Sickness Insurance

Help Protect Your Family's Lifestyle - At a rate you can afford with Payment Protection Plan! Payment Protection can safeguard your family while giving you peace of mind. It's financial help you can count on when you need it most. And it's convenient, economical and easy to qualify.

Why Take The Risk? Who will make your loan payments if you can't? That's a worry you won't have to face with Payment Protection Credit Insurance. If you die or become disabled due to covered illness or accident, your loan payments may be reduced or paid off.

Simply Eligibility. No physical exam is required to qualify. A few simple health questions may be required. And the group rates are low-typically less than individual coverage!

No Additional Bills. Don't worry about additional bills to pay; your premium will be included in your monthly payment.

Rest Easy. With Payment Protection, you can rest easy knowing your benefits will be paid in addition to any other insurance or company protection you may have.

Act Today. Protect yourself and your family every time you borrow. Some limitations and exclusions may apply. For details about coverage and costs see your Credit Union representative today!

* APR= Annual Percentage Rate. Rate based on application and credit history.

 

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