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

Car Buying Made Easy: Credit Unions In Killeen, TX

27. September 2014 Administrator (0)

If you have been thinking about buying a car and are worrying about the finances, then credit unions can be the perfect solution for all your concerns. The easy and affordable car loans offered by the credit unions in Killeen, TX have made car buying easy for everybody. Whether you want to buy a new or used car, there are a number of reasons why you should consider getting a car loan from a credit union.

  • Better chance of approval: You are more likely to get an easy approval for car loans at a credit union than from a bank. Credit unions aim at the benefit of their clients and are even ready to make slight modifications in the policy to suit the needs of their clients.
  • Lower rates of interest: A credit union offers affordable car loans at lower rates of interest than any other lending institution. With such low interest, you can make a lot of savings and invest your hard earned money in other profitable ventures.
  • User friendly loan process: With most lending institutions, the applicants have to personally go and submit the papers for the loan. However, with a credit union, you can even apply online for a loan which helps you save time.
  • Personalized services: Since credit union are non-profit organizations and is managed by a group of volunteer board members, they keep their customers’ interests on priority. You can freely talk to them about the loan, repayment options, as well as your financial position. They can suggest some loan options that could be better for your situation.
  • Resource centers: Credit unions have well established resource centers in order to provide information to the customers about the different financing options and help them in making the right decision.
  • Non-sales approach: Credit unions do not work for their own profit and rather their sole purpose is to provide easy car loans to those who cannot afford to pay heavy interests to the banks.

If you are planning to apply for an affordable car loans in Killeen, TX, visit Greater Central Texas Federal Credit Union. We provide hassle free loans at competitive rates of interest. For more information about car loans offered by us, you can call at (254) 690 – 2274 or visit our office at 3305 E Elms Road Killeen, TX 76542.

GCTFCU Blog | Secured Car Loan In Killeen, TX
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Secured Car Loan In Killeen, TX

22. May 2015 Administrator (0)
Secured loans require the borrower to mortgage a valuable asset as a security for the loan. It has various benefits over unsecured loans and if you are planning to purchase a car it is beneficial to opt for a secured loan from a credit union.

Here are some of the advantages of getting a secured car loan from a credit union:

  • Less Income Requirements: You need not have a significantly high income to get approval for a secured car loan. The collateral that you put forward offers a security that in case you default on your repayment, the item can be confiscated by the credit union. Thus the chances of being approved are based upon the price of the collateral. 
  • No rigorous background checks:  As you put up a collateral, a secured loan procedure does not involve major background checks. You are approved quickly based on the value of the collateral.
  • Lower Interest Rates: You can get a secured car loan at much lower interest rates than that for an unsecured one. The lower interest rates also make it easier to make monthly payments, thus, improving your credit rating.
  • Quick Approval: It is much easier to get a secured loan as compared to other traditional loans. As the risk is minimized with a secured car loan, there are no rigorous income checks required to approve the loan application. The staff is helpful and aims to clear your application as soon as possible.
  • Flexible repayment: They give the member the flexibility to pay back over a long time or in big short payments. A longer repayment time makes it easier to pay the loan back.
  • Focus On Customer Service: Credit unions are non-profit organizations that hold customer service as their top priority. Credit unions have well-established resource centers to provide complete assistance to the clients with regard to the loan process, calculating monthly payments, filling application form etc.

We, at Greater Central Texas Federal Credit Union, provide quick and convenient secured car loans in Killeen, TX. We are a member owned and operated financial institution working solely for the benefit of our clients. For more information about our loan products, feel free to call at (254) 690 – 2274 or visit our office at 3305 E. Elms Rd., Killeen, TX  76542

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