TOP TIPS FOR CAR LOANS


TOP TIPS FOR CAR LOANS

Thursday, March, 31st, 2016 in Credit Union News

TOP TIPS FOR CAR LOANS
182 Cars now on the market
No matter what your car loan is for – from running around, to going further afield or THE ‘I’ve had enough of standing at bus stops’ SECOND-HAND CAR LOAN, your credit union will ensure everything is clear, transparent and straightforward.

  1. It is not a Hire Purchase agreement
  2. There are no deposits or balloon payments at the end
  3. You own the car from the outset
  4. There are no administration charges, hidden fees or transactions charges
  5. Credit union interest rates are fair and reasonable and capped by law
  6. Repayments are calculated on your reducing balance, so you pay less interest with each repayment
  7. In the event of your death, your credit union loan is insured using Loan Protection insurance- subject to terms, conditions and eligibility criteria – at no direct cost to you
  8. At the credit union, you can pay off your car loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!
  9. WWW.COVERU.IE does car insurance quotations for credit union members.car-images