¹APR=Annual Percentage Rate. The 1.25% APR Auto Loan Rate Discount promo offer valid for auto loan applications submitted between November 1 to December 31, 2024, and loan must be approved and funded by January 10, 2025 to be eligible for this offer. Loan approval is not guaranteed, standard DFCU loan underwriting guidelines apply. Current DFCU loans are not eligible. In order to receive the lowest shown rate of 3.99%, member must qualify for the additional rate discounts of 1) 0.25% APR rate discount for direct deposit in to a DFCU checking account (DD) and 2) 0.25% APR rate discount for member having a DFCU Shield Elite Checking account (Checking), have the qualifying FICO, and be approved for a 36-month term. All members are eligible to receive the DD and Checking discounts; along with the promotional 1.25% discount, if they meet each discounts’ criteria. DFCU’s floor rate for this promotion is 3.99% APR. Offer is valid for the financing of one automobile. Offer valid for autos 5 years or younger, autos 6 years or older do not qualify. The minimum loan amount required to qualify is $10,000. Membership must be in good standing. Other terms and rates are available. Rates are subject to change without notice. To see DFCU auto loan rates and terms visit www.downeyfcu.org.
² $0 Monthly Payment for 3 months: No Payment/loan deferral program only applies to new vehicles (model years 2024 & newer) and used vehicles up to 5 years old. New money only; no refinancing of a current DFCU loan. The minimum loan amount is $5,000. Loan interest will accrue from the date of loan disbursement & the life of the loan is extended by 3 months. Membership in good standing is required to qualify for this loan promotion. Primary member's FICO score must be 660 or greater. Members can make additional payments at any time. The actual rate you qualify for will be based on credit history and other factors. To see DFCU auto loan rates and terms visit www.downeyfcu.org.
³ Includes purchase price, tax, license, and extended warranty
⁴ Members are eligible to use DFCU's Skip-a-Pay service after six (6) consecutive payments on eligible loans, loan must be in good standing. If you do not include the $50 skip processing fee with your request or if there are insufficient funds available in the account you specify to pay the fee, your Skip-A-Pay request will not be processed, and your regularly scheduled loan payment must be paid. If you take advantage of this Skip-A-Pay offer, your loan will continue to accrue interest during that time. While deferring your next loan payment will extend the term of your loan, you always have the option of making additional or larger payments in the future with no prepayment penalty to pay down your loan faster. By accepting this offer, you request that Downey Federal Credit Union (DFCU) defer your next loan payment for the loan indicated. You also understand and agree that: (1) finance charges will continue to accrue at the rate provided in your original loan agreement, during and after that time; (2) deferring your next payment will result in you having to pay higher total finance charges than if you made your payments as originally scheduled; (3) this payment deferral will extend the term of your loan by one month and you will have to make extra payments after your loan would otherwise be paid off; and (4) you will be required to resume your next regularly scheduled monthly payment in the month following the deferred payment. All payment deferral requests are subject to DFCU approval. All DFCU accounts must be in good standing. All your DFCU loans must be current (have no amounts past due) at the time you choose to accept this offer for your qualifying loan. Certain other restrictions may apply. The loan has to be on the books for 6 months. 6 loan payments must be made before another payment can be skipped. Loans must be current - future payments only. Must be a minimum monthly payment of $100. Minimum balance of $1,000.00 remaining on the loan. No more than 1 late charge in the past 6 months.