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Auto and RV Loans

We offer great rates on loans for automobiles, boats, recreational vehicles, motorcycles, snowmobiles, trailers and more!

If you are purchasing an auto from a dealer or private party, you can apply for a loan with us.  We work with many auto dealerships that can do the loan paperwork for Route 31 CU right at their dealership or we can get you approved at our office.  Whatever is more convenient for you.  Give us a call or apply online and we can tell you what your rate will be and get you preapproved.  Start looking for a new vehicle today.

You can now make loan payments using Remote Deposit Capture on our mobile app.

Balance Owed$25,000$25,000
6.99% Loan at Bank5.44%* Loan at Route 31 Credit Union
Loan Term Remaining48 month48 month
Total Cost w/ Interest$28,738.21$28,183.55
Monthly Payment$592.84$580.69
*This rate is an example and may not reflect our current rates.
Rates are based on credit history.

Loan Checklist

  • Proof of Income (2 recent paystubs dated within 30 days)
  • Social Security Award Letter or Bank Statement
  • Pension Award Letter or Bank Statement
  • Proof of Insurance
  • Bill of Sale or Purchase Agreement
  • Copy of Title (if private party purchase)
  • Vehicle Options & Mileage

Refer-A-Friend

Members that refer a friend to open an account and finance a loan at Route 31 Credit Union will receive $30 (person referred must be a new member).

Click here for details.

Skip-a-pay

Skip your loan payment for one month! You can skip one loan payment, per loan, per calendar year on eligible loans. For more information and to apply, click the link below.

Share Secured Loans

A share secured loan uses your money in savings as collateral for our lowest interest rate loan.

Debt Protection

Your family means everything to you.  If the unexpected happens, you don’t want an emotionally trying situation to be compounded by financial worry.  That’s why there’s Debt Protection, which may cancel your loan balance or payments in case of:
  • Involuntary unemployment
    A covered job loss occurs
  • Disability
    A covered disability occurs due to illness or injury
  • Death
    Protected borrower passes away

Things to know about Debt Protection:

  • It’s easy
    Simple to apply for and takes effect immediately.
  • It’s budget-friendly
    Comfortably fits into your monthly payment.
  • It puts you at ease
    Rest easy, knowing you’re taken care of in so many problem situations.

 

Your purchase of Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan.  Certain eligibility requirements, conditions and exclusions may apply.  
You may cancel the protection at any time.  If you cancel protection within 30 days, you will receive a full refund of any fee paid.

CARFAX™

We offer CARFAX reports at a discounted price to members.
Order a CARFAX vehicle report through us for $23.99 (regular price is $39.99).