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

Get Cheap Auto Loan At Greater Central Texas Federal Credit Union

15. December 2011 Administrator (0)

Technology has made our lives simpler but has also made us too dependent upon it.  Car for instance, has become one of the biggest necessities today. But buying car is a big expense and only those with hefty money can afford to buy it as per their choice.

However, car loans are available for the convenience of those who do not have enough budgets to buy a car. It provides them with an opportunity to purchase a car of their choice.

Auto loan can be broadly categorized into secured and unsecured loans.  Purchasing a car using secured auto loan is comparatively a better option than opting for an unsecured auto loan. This is because when you opt for a secured loan, you need to keep a valuable asset such as land, house or any other property as a security to the lender. You can avail really low rate of interest as there is a low risk of money and added security for the lender.

On the other hand, unsecured loan does not require any collateral.  For this reason, it is great option for the people who do not own any asset. But the rate of interest is not solely dependent upon the collateral. The other factors like the credit history and ability to repay also play important role in deciding the interest rates.

Cheapest auto loans in Central Texas are available at Greater Central Texas Federal Credit Union. We provide you with secured car loans regardless of your credit history.  The loan offered by us does not demand any down payment.  Even if you do not have a regular income, we provide you with an auto loan at very reasonable rates of interest.

We are a renowned financing agency throughout Texas for providing our customers with fastest and reliable secured auto loans. The loans offered by us are flexible which suits your financial compatibility. For further details on secured auto loans and car financing, free to contact us at - Greater Central Texas Federal Credit Union located at 3305 E Elms Road, Killeen, TX 76542. We can also be contacted at 254-690-2274.

Cheap Auto Loan - Secured Auto Loan

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GCTFCU Blog | ‘Skip-A-Payment' Option At Greater Central Texas Federal Credit Union
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

‘Skip-A-Payment' Option At Greater Central Texas Federal Credit Union

11. February 2015 Administrator Auto Loans, Home Loans (0)
Borrowing money can help ease a difficult situation and bring things back to track. Personal loans like auto loan, home loan and other loans help people overcome financial crisis. However as banks usually have strict conditions along with scrutinizing terms and conditions, people often prefer a credit union to secure a loan. Greater Central Texas Federal Credit Union is a non-profit organization owned by its members and offers loans at low interest rates.

An issue that comes up with loans is its repayment. Taking out a fixed monthly payment month after month can be a nerve wrecking experience. There are many reasons that people fail to pay their monthly payments such as loss of employment, sudden unexpected medical expenditures or other expenses, which cannot be avoided. However once you miss a payment it becomes difficult to get back on track and streamline your expenses. In such situations, credit unions are very helpful as they are considerate, flexible and lenient.

Greater Central Texas Federal Credit Union have flexible terms and conditions and in certain situations, also offer relaxation to the members who have borrowed money from the union. We also offer the ‘slip-a-payment’ option that helps members pay their payments easily. The skip-a-payment option allows the borrower to skip a payment at a nominal fee. It is available for the members provided that the loan account remains in good standing. Skip-a-payment is usually available on auto loans and RV loans. This option can be availed once per year and the loan should be more than 6 months old. Mortgage loans are however often excluded from this option.

By offering ‘skip-a-pay’ option, you can easily overcome the financial crisis and skip a loan payment without affecting your credit rating. It is however, important to know that “skip-a-pay’ is a temporary option that may offer you relief for some time, but it comes at a cost. Interest still applies on your loan balance and even if you skip a payment it will extend the number of months that you may require paying off your balance.

We, at Greater Central Texas Federal Credit Union provide you attractive loans at flexible terms. We offer ‘skip-a-payment’ option for members who are unable to make a particular month’s payment. For more information, visit us at 3305 E Elms Road, Killeen, TX 76542 or call (254) 690 – 2274.
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