Save Money By Refinancing Your Car Loan
NO PAYMENTS FOR 90 DAYS!
Did you know you could refinance a car loan? It’s true! If you financed your car at the dealer or at another financial institution, please consider refinancing your car at PFCU. We will reduce your rate by 1% (with a floor of 3.75% APR*), plus there are NO PAYMENTS for 90 days!
Car Loan Example:
Amount: $36,000 Loan • Original APR*: 6.35% • Term: 60 Months
| Total Interest at 6.35% APR* | $6,111.28 |
| Total Interest at 5.35% APR*(the 1% rate reduction) | $5,109.13 |
| SAVINGS | $1,002.15 |
90 Day 1st Payment Deferment Disclosure: For credit scores of 625 or greater. Auto loans only. Member must have an active PFCU Checking Account (must have had transactions within the last 30 days). Interest will accrue for the 90 days. Cannot take advantage of Skip-a-Pay for the first 6 months from the date of disbursal. Refinance Disclosure: Minimum loan amount: $5,000. Floor rate is 3.75% APR*. The “Reduce Your Rate by 1%” promotion is not guaranteed on existing vehicle loans currently financed with PFCU. Savings will vary based on loan amount, interest rate, and remaining term. *APR = Annual Percentage Rate. Subject to qualification. Restrictions apply.
