Having a car is more of a necessity than a luxury in the United States. Compared to public transport, it is cheaper, more convenient, and of course serves as a status symbol at all social gatherings. If you finally feel ready to realise one of the biggest dream of your life, do not let a lack of money stop you from realising it. That’s what auto loans are meant for! Put very simply, an auto loan lets you buy any car that you desire, giving you the leverage of paying its price over a few years.

Even though the idea of having someone else pay, while you get to swerve in your delightful indulgence and hear the clanking of brand-new keys, might sound tempting, there is a hidden catch. The catch is the interest that you will need to pay over the borrowed amount used to buy the car. However, when you look at the bigger picture, the interest is just a fraction of the total amount, and by the time you pay the entire amount off, you probably will not even remember that you paid any interest.

If you have decided that you are ready to being your dream car home and are prepared for an auto loan, here are a few tips to consider before getting the loan:

• Analyse your credit: Before you do anything else, you need to manage your credit, to ensure that you get the best possible rate of interest. Every US resident is entitled to use a resource named the ‘free credit report’ for this purpose. However, be sure not to lie about your income or any other details, as that could be a black mark on your credit history for life.
• Take your time to do plenty of research: As tempting as it may be to get a brand-new car in your porch right away, tread carefully. Look around for different financiers and analyse the nitty-gritty details of their loan plan.
• Watch out for prepayment penalties: Even though it might not seem as a likely prospect right now, but you need to consider that you might have a financial boom, which will assist you to pay off your loan early, and hence pay less interest. If that happens, the last thing that you need is a prepayment penalty, forcing you to pay an extra amount.
• The ideal figures: If you are confused about whether you are biting into more than you can chew, these simple figures should be a handy benchmark to guide you- make sure that your loan is divided into number of instalments that you can conveniently pay. Also you should try to pay at least 20% of the amount as the down payment.

For cheap auto loans in Central Texas, visit us at Greater Central Texas Federal Credit Union.  We are situated at 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - Secured Auto Loan

In today’s fast-paced world, owning a car is more of a necessity than a luxury. Most of us want to travel comfortably with our families, well protected from pollution and the mad rush in public vehicles. There was a time when this was a privilege of the wealthy only. Thanks to auto loans, now even those who cannot pay cash instantly can drive home a brand new car! 

All you have to do is apply for an auto loan at financial institution providing attractive auto loans. You only have to deposit the down payment, which will be a negligible percentage of the main amount. As far as the rest of the amount is concerned, you can pay it as per your convenience in the near future. There are basically two types of car loans:

• Short-term loans: Here you are to pay the total amount over a short span of time. This varies from 2 to 5 years. The payment comprises of monthly installments and interest.
• Long-term loans: In these you are to pay smaller monthly installments as compared to the short-term loans. They will be spread out over a longer period.

Benefits of an Auto Loan

• Immediate acquisition: A car loan gives you instant possession of the car without paying the full amount for it. This is a luxury the middle class man cannot afford to miss. Instead of mercilessly saving for endless years to buy that dream car of yours, a car loan lets you possess it in the blink of an eye!
• Easy Installments: If you are on a tight budget, you need not fret and frown as to how you will repay your car loan. Car loans are variable. You have the option of paying smaller installments every month for a longer period. This will be easy on you pocket and stress free!

To avail cheap auto loans for both used and new cars in Texas, visit us at Greater Central Texas Federal Credit Union. We are located at 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - Secured Auto Loan

If you have chosen to get a car loan from a bank, you better think again. Banks often make you wait for several months to get your car loan sanctioned. Not only they take a long time, but also make you go through a complex procedure. The best way to save yourself from all these hassles is to opt for a reliable financial institution. 

Unlike the banks, the financial institutions offer quicker and convenient car loans. The main reason behind this is the adoption of faster loan processing procedures. The paper work is not too demanding and decision about Auto Loan approval/ disbursement is taken quickly. If the financial institution can judge that you are capable of repaying the loan amount, you will be provided with the loan within a span of time.

We at Greater Central Texas Federal Credit Union provide instant auto loans to all those who are constantly turned down by banks. We offer both secured as well as unsecured loans at very appreciable rate of interests. The loan sanction process is very simple and instant. We do not have lengthy procedure  or paper works that delays auto loan application process.

No matter you want to purchase a car, truck, van or any other vehicle, we finance it all. Not only we provide auto loans for buying new vehicles but you can also take loan to buy used automobiles. All you need to do is fill a simple loan application form and provide a few supporting documents. Upon approval, the loan is disbursed immediately. You can also avail a number of special discounts depending on the kind of credit card you hold. Master card and visa card owners can enjoy hefty discounts on auto loans and other loans offered by us.

There are various options for Auto Loans in Texas, they may range from short term to long term auto loans. Depending on your requirement and payment capacity, you should opt for one. For more details on cheap auto loans and car financing, visit us at Greater Central Texas Federal Credit Union located at 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - 72 Month Auto Financing

There was a time when cars were counted amongst the luxurious products and only the high income earners could afford it. But these days, owning a car is no more a difficult task even for those belonging to middle or low income families. This has been possible only because of the auto loans. Auto loans help you in purchasing the car you have been dreaming about till now.

If you are planning to apply for a car loan, there are some important points which you to consider. These will make sure that you enjoy owning your dream car without any fear or hassles while repaying the loan amount. These points have been mentioned below:

• Know about the interest rate.
• Know whether the interest rate is fixed or variable.
• Know how much fees you will have to pay to the loan providing institution.
• Know how often you will make repayments i.e. semi-monthly or monthly.
• Know how long it will take to repay the loan.
• Know the total loan cost including fees and interest over the entire term of the loan.
• Know if you can make extra repayments without paying any penalty.
• Know about the penalties and surcharges behind the repayments.

Know whether you can pay out the loan early or not. If yes, what will be the fee involved?
Make sure you keep these points in mind while opting for an auto loan. You can choose from secured and unsecured car loan. The advantage of opting for secured car loan is that, the rate of interest is lower than that of an unsecured loan.

We at Greater Central Texas Federal Credit Union provide you with fastest and reliable secured auto loans. No matter you want to purchase a new car or a used one, we have solutions for all your loan needs. We offer you flexible loans to suit your financial compatibility.

For more details on secured auto loans and car financing, visit us at Greater Central Texas Federal Credit Union located at 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - Secured Auto Loan

Buying a pre-owned car is a tricky task as the vehicle can have several hidden problems which you might not notice (even when you test-drive the car). For this reason, having a knowledgeable mechanic always proves to be beneficial.  It is also a smart move to buy certified pre-owned vehicles from reputed deals.

Whatever be the source of your vehicle, you should keep in mind the following points so that you are able to take the right decision:

• Check out the minor & major problems: Keep a track on the minor problems while negotiating the deal. It is obvious that the vehicle will have some issues, so do not worry as these can be repaired and taken care of later. But if you see any major issue in the car, then it is advisable to consider another car.
• Check car history records: The car history record will make you know about the past problems including any kind of accidents, damage, rental use etc.
• Check the car body: Have a thorough look at the overall appearance of the car. It includes the body lines, color, windshield, scratches, dents, corrosion spots, mirrors, wipers, wheel covers and many more. If you find any problem you may negotiate the price further down accordingly.
• Check the door: In order to check the doors, open them and try lifting up on the hinges. The hinges must have ample free play (not excessive) and doors must be easy to close.
• Check the tires: The tires must be of reputable brand and their sidewalls must be damage free ie free from cuts, bubbles, cracks etc.
• Check vehicle manufacturer’s label: It is usually located on the driver’s door. Do check for the VIN number and the manufacturing date.
• Check the interior: Car’s interior must be in good condition. Check for any burn marks, scratches, tears in the seats, broken door handles, visors, electrical accessories like CD player, air conditioner, heater, radio, remote control functioning et al must also be checked.

To avail cheap auto loans for both used and new cars or to know more about these guidelines visit us at Greater Central Texas Federal Credit Union. We provide you quick and cheapest car loans in Texas. For more details contact us at 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - Lowest Used Car Loan

Almost everyone dreams of owning a high-end car but in most of the cases financial constraints doesn’t let them own one. Fortunately, there is a solution to it. If you can’t afford buying a new car, then go for a used one!
Used cars are known to give the best value for money. It is a fact that a new car depreciates faster, usually in first three or four years. After this time period, a car is worth only around 60% of its original price. So you get a chance of owning a late-model car at relatively low prices.

But while buying a used vehicle, you need to consider various factors to avoid any kind of problem later on. These factors are:

• Reliability: Buying a late-model used car is not much of a risk than the older ones. If you maintain the car, it will give a great performance with no major breakdowns.
• Warranties: Car usually faces very few problems in its early years and all the minor problems are covered by the warranty provided. But the case is completely different with a used car. It either is coming off warranty or is already off. You may have to pay for repairs from your pocket.
• Repair: The tires, brakes and battery are needed to be considered first as these are the high-wear items in the car. Inspect the car well before purchasing and make sure that the car does not need much repair.
• Depreciation: It depends on various factors such as the popularity of a model, its quality, supply etc. A car tends to depreciate in value in its early years.
• Safety: Always look for safety features such as antilock brakes, traction control, and side air bags are add on features.
• Rate of interest: If you are opting for auto loan, you may get lowest interest rates if you choose a reliable loan providing source.

Always remember that you should not look for the cheapest car. Particularly when you are buying a used car, you must go for the best deal keeping in mind the good condition, least repairs, fewer troubles etc.

To avail cheap and secured used auto loans, visit us at Greater Central Texas Federal Credit Union at 3305 E Elms Road, Killeen, TX 76542 or call us at 254-690-2274.

Lowest Used Car Loan - Cheap Auto Loan

A majority of people postpone buying cars just because they do not have enough money for the same. If you are amongst the ones who have postponed buying their dream car due to financial constraints, you will be glad to know that various secured and unsecured auto loan plans can help you. You can choose from various auto loan plans, loan tenures etc that will suit your financial budgets.

What are secured and unsecured loans? A secured loan is backed by some collateral having value equal to or greater than the loan amount. It offers you flexibility to repay the amount at a reduced rate of interest. Whereas an unsecured auto loan on other hand does not make you pledge any collateral to the loan provider. It is simply granted on the basis of your monthly income as well as expenses. Though one can find a number of banks and auto loans providers in Killeen, but choosing the right one is extremely important. While selecting an auto loan, you should look into any hidden charges, interest rates, loan tenure etc being offered by financial service provider and should compare it with others.

We at Greater Central Texas Federal Credit Union provide you quick and cheapest car loans in Texas. We neither harass you ask you by asking unnecessary questions nor make you wait for days to sanction your auto loan. We are renowned to approve your loan within 24 - 48 hours from the time we receive your completed application and verification of income.

If you are planning to buy a car, truck, van or any other vehicle, visit us today and avail the cheapest auto loans in Killeen. We also provide quick used car loans. All you need to do is fill in your details in the used auto loans application form. We will get back to you in 24 hours and provide you cheap auto loans.

For Cheap Auto loans in Central Texas visit us at Greater Central Texas Federal Credit Union 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - Secured Auto Loan

The Greater Central Texas Federal Credit Union is a Killeen based financial institution that helps provide cheap auto loans to those who wish to invest in a new vehicle. As cars these days can turn out to be quite expensive, we provide low interest auto loans that can help finance your vehicle to a significant extent. We offer different kinds of interest rates on our auto loans depending on your credit ratings and your loan history. If you have exercised good borrowing practices and repaid your existing loans in a timely manner along with the accumulated interest rates, you will be granted a loan by us in a matter of a few hours. The interest rates enjoyed by those who have a good credit history also tend to be much lower than those who have defaulted in their past loans.

We do not follow lengthy and complicated application procedures that can be quite a turn off for potential borrowers. On the other hand, we have a very simple screening process that you can even choose to complete online by logging onto our official website. A few necessary documents as prescribed by USA Patriot Act 2000 may be necessary so that we can positively establish your identity. The necessary documents can be mailed or faxed to the address provided on our website. We follow a set of pre defined parameters to determine the rate of interest that we are going to charge for each kind of auto loan depending on the price of the vehicle you wish to buy and the financial information provided by you. This is done in order to assess your ability to repay the auto loan that is being taken.

We also have special offers that allow you to avail discounts depending on the kind of credit card you hold. Master card and visa card owners can enjoy hefty discounts in auto loans as well as in other kinds of loans being offered by us. You can either apply for a secured or an unsecured loan depending on your particular needs.

For more details on auto loans in all credit situations, visit us at Greater Central Texas Federal Credit Union, 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - Lowest Used Car Loan

Secured Loans have gained more popularity as compared to the unsecured loans these days. People usually turn to opt for consumer finance that provides them with the better deals with low interest rates. They look for a financial solution that caters to their specific needs and requirements for a loan. Secured loans are more in demand now as they are more affordable and provide good value. Secured loans can be taken for variety of needs; be it auto financing, buying a house, or simply a personal loan, secured loans are the best bets.

Secured loans are called so as they are given against some collateral and thereby, have more benefits than the unsecured ones. Some of the benefits of secure loans are:

• Secured loans are one of the most cost effective options available in the market as they are guaranteed by personal property or collaterals, which enable the borrowers to take loan quite easily.
• Secured loans offer high borrowing levels as compared to the unsecured loans. The amount of the loan depends on the equity with longer repayment periods.
• Secured loans are easily accessible and one can consolidate other loans and credits as well. You can also use secured loans to repair your previous credit structure and pay off some debts too.
• Secured loans are more affordable loans and you can get more competitive deals on it with a better repayment structure and interest rates. 
• Most of the secured loans can be processed quickly these days and you can avail huge benefits on it with timely repayment of the loan.
• In case of secured loans for getting higher loan amounts, you can get it against collateral of similar value.

If you are planning to buy a new car, you can get 72 month auto loans to buy your new car which will prove to be cost effective.  For more details on wide range of secured auto loans in all credit situations, you can contact Greater Central Texas Federal Credit Union, 3305 E Elms Road, Killeen, TX 76542 or you can call at 254-690-2274.

Secured Auto Loan - Lowest Used Car Loan

Whenever you feel the need of purchasing a new car but don’t have sufficient amount of finances, Auto Loans provide you with an opportunity to bear the cost without letting your dream go. Auto loans have become a much needed thing now-a-days. It is always advised to opt for the specific type of car loan as per your needs and requirements so that the budget could be well managed in hand. An auto loan helps in better control over the finances and makes the purchase more organized.

You should carefully choose among the various types of auto loans that are provided by various banks and financial institutions. Some of the major types of auto loans that are available in Texas are given below as:

• Long term auto loan - Car loan is given for a long term for the purchase of a brand new car. Long term auto loans usually lasts for a period of 60 months or 72 months and it may feature small monthly payments as well.
• Short term auto loan - It generally has a higher monthly EMI. As the time period for repayment is short, the total interest paid in this case is less.
• Used auto loan - The auto loans which are given to buy used cars are called “used auto loans”. To get a used auto loan, you are required to show higher credit standards because of the higher risk involved.
• New auto loans - The auto loans that are provided for a brand new car are known as new auto loans. The credit standards can be of average type and a low credit score is easily acceptable, but for a higher rate of interest.
• Direct financing - This type of loan is independent of any dealer and so, bargaining can be done which provides more flexibility to it.
• Second-chance auto loans - It is specifically meant for those people who do not have appreciable credit score.

Many banks and financial institutions offer different types of car loans and you can opt for a specific type that is best suitable for you. You can avail huge discounts and benefits if you are a member of the credit union. Auto dealers also provide you with a much more competent deal than other usual conventional methods.

For more details on wide range of auto loans and auto financing in all credit situations, you can contact Greater Central Texas Federal Credit Union, 3305 E Elms Road, Killeen, TX 76542 or you can call at 254-690-2274.

Secured Auto Loan - Cheap Auto Loan

Once you decide to buy a car, the first question that is likely to pop in your mind is what the best loan option for you is. With a number of institutions offering auto loans, you need to smartly evaluate your options, and ensure that you settle for the best possible deal. For most people, these options boil down to two options- banks and credit unions, and that is where the age-old dilemma begins. If you are confused by this dilemma, and aren't sure which of these institutions is right for you, we will tell you how credit unions are a better option than banks for auto loans.

• Lower rates of interest- The interest rate that you get as a borrower is the prime consideration that needs to be made while applying for an auto loan. Credit unions have always offered favorable interest rates, which are significantly lower when compared to those at banks. Lower interest rates translate into lower monthly payments. This is because credit unions function as non-profit organizations. In fact, along with the low interest rates, credit unions also charge a lower fee for loan applications.
• Utmost customer convenience- A credit union works for the benefit of the community, and being a member of a credit union, you can be assured of getting the best service at each step of your loan application. You are spared from all the red tape and elaborate paper work that goes into applying for an auto loan at a bank. You get to talk to a real person, receive a speedy response, and in case of rejection are offered with a clear explanation of why you cannot receive the loan.
• Shorter loans- By applying for an auto loan at a credit union, you can repay your loan much faster than in case of a conventional bank loan. This is because of the low interest rates, which reduce the total payment that you need to make.
• Not-for-profit model- The not-for-profit model of credit unions works greatly in favor of the borrowers, since it eliminates the possibility of hidden costs and divided profits among shareholders. As a credit union member, you are essentially a shareholder, which means that every little profit to the organization, whether in the form of hidden fees or service charges, will come back to you as lower interest rates.

For cheap auto loans in Central Texas, visit us at Greater Central Texas Federal Credit Union. We are located at 3305 E Elms Road, Killeen, TX 76542. We can also be contacted at 254-690-2274.

When going for a car loan, one of the most important factors to take into consideration is the term of the loan. Going for a short-term loan or a long-term loan is a personal choice that has to be made as per your current financial position. If you are able to pay higher rates of interest over a short period of time, then short term loans are a good option for you. On the other hand, if you earn a fixed income every month and feel you cannot pay huge amounts of interest every month and would prefer to pay smaller installments over a long period, then long term loans are the way to go.

Short-term loans are generally those that stretch from 12 months to 36 months whereas long-term loans are those that go up to 72 months. Nowadays, considering that the prices of cars are escalating due to better technology and durability, it is advisable to go for 72 Month Auto Financing as an economical option. These loans also let you set your hands on some of the most expensive cars in the automobile market as you can easily pay them off without affecting your day-to-day life.

Benefits of opting for 72-month car loans:

• These loans significantly cut down on your monthly payments as they are spread over a long period with low interest rates.
• You can always re-finance such a loan to reduce your costs, as it will cut down on the interest payments you have to make.
• Today’s cars are far more reliable than those of the yesteryears and come with longer warranties than before. This means that even after five to six years, your car will be in great shape even if you are still repaying your car loan. This is a great relaxation for those under the misconception that long-term loans extend beyond a cars useful life.
• Another great advantage of opting for these loans is that you get to buy the car of your dreams without worrying about whether you can afford it or not. The reason for this is the ease with which you can make your payments by installments spread over up to 6 years.

So,  next time if you are confused as to which term length to choose for a car loan, you can safely opt for a long-term one as it is economical and comes along with many more benefits. If you are interested in procuring 72 month auto loan, visit us Greater Central Texas Federal Credit Union. We are located at 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Anyone who has ever applied for a car loan knows how confusing and intimidating the terminology used can be. The jargons used by auto financiers are terms they find convenient for putting across their points to the consumer. Most of the consumers find these terms very complicated and fail to understand the working of the auto loan due to which they end up striking deals, the consequences of which they might not be aware of. This is the reason for which anyone intending to get a vehicle financed should at least be aware of what commonly used auto financing jargons mean.

Here is an explanation of common jargons used in the world of auto financing:

1. Annual percentage rate (APR)-  This rate refers to the fixed or variable interest rate at which the lender is prepared to lend the loan amount over a specific period of time. A low APR does not necessarily mean a cheap loan especially if the term of the loan is a long one. A long term of loan will mean you have to pay a higher number of monthly installments, which will lead to more interest.
2. Loan term- This refers to the total period before your loan matures and is usually stated in months ranging from 24 to 84 months at the most. The significance of letting you know the loan term is to give you an idea as to when you are expected to pay off the loan.
3. Down payments- Down payment refers to an initial deposit that you make to your car seller and it is usually in the form of cash, a check, or a trade-in. It has an impact on your loan as the bigger the amount of down payment you make, the smaller your auto loan will be, and the more you will end up saving.
4. Trade-in- This term is used when you trade-in your old vehicle with the seller as a down payment for the new vehicle that you wish to purchase. However, it is subject to the condition as to whether the seller is ready to accept a trade-in or not.
5. Upside down- This term is used to describe a situation in which you owe more on the car you are purchasing than its fair market value. The cause for such a situation is the depreciation a car goes through within the first few months of its usage. The best way to avoid an upside down situation is to deposit a good amount of down payment.

To know more about Auto Financing in Texas, kindly visit us at Greater Central Texas Federal Credit Union at 3305 E Elms Road, Killeen, TX 76542 or call us at 254-690-2274.

Everyone loves buying a new car but very few consider the option of a used car as a smart move. Of course, nothing compares to the feeling of driving a new car out of the showroom, but the moment it is out, it has already depreciated in value. A used car on the other hand holds longer to its value thus giving you much more value for your money. It is an economically viable option as you can get it financed for much less as compared to a new car without compromising on the features and its life.

However, buying a used car can be a tricky choice to make, as you will have to ensure the dealer you are dealing has high credibility. You should also be good at negotiating, as this will help you strike a deal that will be beneficial to you in terms of the cost. When it comes to buying used cars, your assessment of its condition is very important and for this, you should have at least some basic knowledge about vehicles. You may also need to ask your dealer a number of questions to clarify any doubts that you have without any hesitation knowing that it is your right as a buyer,

After you have finally settled for a car, it is important to get it checked thoroughly by a mechanic for any defects. Sometimes, a vehicle might look spic and span from the exteriors, but within, it could be having a host of problems that are difficult for a layman to assess. You should also ask for the vehicles history as such details will give you an insight into who owned the car previously, whether it had an accident or any other problem. If your mechanic passes the vehicle and you have no problem with its history, you will now have to bargain to the best of your ability.

In economic times as unpredictable as today’s, it is a smarter choice to opt for a used car as opposed to a new one in every respect. Car dealers these days stress a lot on the condition of the car and make the most of the latest technology to ensure that a used car looks as good as a new one. For you as a buyer, it is a win win situation as you get the best for a very reasonable amount of money.

We at Greater Central Texas Federal Credit Union provide cheap and quick secured car loans, for used car as well as the new ones. For more details, kindly visit us at 3305 E Elms Road, Killeen, TX 76542 or call us at 254-690-2274.

Credit unions are financial institutions that are formed by a group of people with some similar interests. This group might be of business partners, members of a church, etc. Such a group pools in its assets to form capital that can be lent to members of the union as a loan. Many people prefer credit union loans to loans from regular financial institutions because their interest rates are very competitive, making them a cheaper option in the long-run. Low interest rates are a boon for borrowers especially when it comes to auto loans.

Auto loans from credit unions are very convenient for the borrower due to the following reasons:

• Easy availability of money: Most of the financial institutions make their terms and policies stringent especially when the economic conditions are not favorable and this becomes a major handicap for borrowers. Credit unions do not suffer from such issues as they have enough funds at all times and enjoy good relationships with most of the car dealers making them a reliable source of loans. The process of getting loans from credit unions has been further simplified as you can now get a loan online or even over the phone.
• Flexibility: Credit unions are very flexible when it comes to the terms and conditions for offering loans. It lets the borrower switch from a long-term loan to a short-term loan at his convenience and he can even extend the period of the loan in case of non-payment. You can also negotiate on the interest rates and settle for one that is comfortable for you.
• Lower interest rates: This is probably the biggest advantage of opting for auto loans from credit unions as it cuts down on your expenditure in the long-run. Credit unions are non-profit organizations due to which their main motive is to help those in need of money without focusing on how much they end up gaining. This is the main reason for which auto loans offered by them have very reasonable interest rates as compared to those of other financial institutions.
• Easy membership and perks: The process of becoming a member of a credit union is uncomplicated and once a member, you get additional perks that non-members do not enjoy. Members enjoy a further slash on the interest rates coupled with other offers that make it easier for them to clear their loan.

For more information on how to secure an Auto Loan in Central Texas, visit us at Greater Central Texas Federal Credit Union located at - 3305 E. Elms Rd. Killeen, TX 76542. You can also call us at 254-690-2274.

72 month auto loans come as a welcome option for those who wish to have low monthly installments, and wish to keep the same car for a long period of time. The duration of auto loans ranges from an average of 36 months to as long as 120 months. Even though, most of the Auto Loan companies only provide 60 month auto loans, you can avail a low EMI 72 month auto loan with financial institutions like Greater Central Texas Federal Credit Union. If you aren’t sure about what to expect from a 72-month auto loan, we have put together a list of pros and cons of such a loan, from a buyer’s perspective-

Pros-

• The most obvious advantage of a long-term loan is the low monthly payments. If you have a steady, yet low monthly income, and would not like to spend 2-3 years on a meager income due to loan payments, this option might be the right one for you.
• If you have a strong credit and inco