Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

72 Month Auto Financing In Texas

12. February 2014 Administrator (0)

A 72-month long auto loan is for people who do not wish to think about mileage restrictions or wear and tear damages and are willing to stick to a car for 6-7 years. Before applying for a 72-month auto loan, ensure that you have enough money to make a down payment and that you are credible to pay the monthly installments in time for the period of the loan.

Benefits of 72-month auto financing: -

  • Taking a long period loan is useful as it reduces the amount of monthly installments. This helps you to buy an expensive car because you can pay the same as you would have paid for a lesser-priced car with a 24-48 month auto loan.
  • It offers convenient and competitive prices for part-time workers, who do not mind driving a car till they own it completely and are in a stable financial condition to pay for a car for 6 years continuously.
  • This loan is also very beneficial to people who have a low or a steady income and they are sure that paying for a car for 6 years will not be taxing on their regular finances.

Credit Unions are financial organizations formed by a group of people and managed democratically by its members. They provide credits and competitive interest prices to its members. Credit Unions are usually formed to support community development and help people of one society jointly.

Greater Central Texas Federal Credit Union offers 72-month auto financing to its members and the advantages of getting your can financed from it are numerous. To name a few are:

  • Exceptional service – Being a member of the credit union will give you an exceptional service and assistance while financing your car.
  • Competitive prices - It provides competitive interest rates and helps the members get the best deal possible.
  • Easy Access – It helps you decide how you wish to access you policy and manage it and also provides help in the form of online applications so that you can do everything for the comfort of your home.

For more information, visit Greater Central Texas Federal Credit Union at 3305 E Elms Road, Killeen, TX 76542 or call at (254) 690 - 2274.

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GCTFCU Blog | For A Cheaper Home Loan, Try A Credit Union
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

For A Cheaper Home Loan, Try A Credit Union

19. March 2015 Administrator Home Loans (0)
Credit unions are a reliable and credible source of cheaper home loans as compared to banks and other financial institutions. These are member owned and operated organizations working with the sole purpose of benefiting their affiliates.

Given here are some of the attractive features that make credit unions the best choice for home loans in Killeen, TX:

Customers Are The Topmost Priority

In contrast to corporate banks, credit unions work to serve their members. Thus they offer better customer services and spare no single effort to make sure that the depositors are satisfied. They are less focused on making a sale or profit and more on providing affordable home loans at competitive rates of interest. The members of the credit union are given personal attention and customized plans.

Lower Rates Of Interests

Due to being non-profit entities, credit unions are exempted from paying most of the taxes. This makes them able to offer home loans at significantly lower interest rates as compared to banks. Hence, you can make a lot of savings without having the burden of paying a huge home loan interest amount.

Less Restrictive Eligibility Requirements

Banks usually require higher annual income for a person to be suitable to apply for a home loan. Credit unions, on the other hand, do not have such strict eligibility requirements. Even if you have been denied approval from a bank, there are higher chances that you qualify for a home loan from a credit union.

Easy Repayment Options

In case you are facing a financial constraint any particular month, the credit unions also offer a ‘skip-a-payment’ feature for your convenience. Using this, you can easily choose to avoid making the repayment, with the condition that your loan term would be extended for that time period.

Customized Services

A credit union is much more flexible in terms of their loans policies and terms or conditions. It can also offer exceptions for credible members in case any unanticipated issues come up with your home loan application. As the credit union is member focused, it has the right to vote on any matters that can have a potential effect on the rates of interests.

We, at Greater Central Texas Federal Credit Union offer affordable and convenient home loans to the people of Killeen, TX. For more details, you can call us at (254) 690 – 2274.
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