#express credit auto
Financial health is essential in order for you to succeed – and we have many opportunities to help you. Attend a FREE class so you can reach your financial goals.
*These links will take you away from the Express Credit Union web site.
Note: To complete the application process, you must sign the papers at a CT location or at the branch office.
Buying a car with a loan from Express CU is easy! At Express, we know that buying a car can be complicated and confusing we want to help you save money by getting the best deal on your car and a lower interest rate to keep your monthly payments affordable. For your convenience, we also offer easy, electronic payment plans at no charge.
Before you go to an auto dealer work with Express CU first – talk to our loan officer or one of our community member service reps today!
Express CU offers loans for new or used vehicles with a variety of rates and terms.
We can help you determine the value of the vehicle you are purchasing – We use the N.A.D.A. guide.
Participate in Credit Union Direct Lending (CUDL). Please ask participating dealers for details.
Guaranteed Auto Protection Insurance, or GAP Insurance, protects you against financial loss in the event that your car is damaged beyond repair or stolen and never recovered.
New/Used RV, Motorcycle, Boat
Express CU offers competitive rates on new or used recreational vehicles (RVs), motorcycles and boats
Vehicle Ownership Program
For qualified members, Express Advantage will match up to $500 of your down payment towards the purchase of a used car. Express Credit Union may also pre-approve you for a loan and refer you to a dealer or discount buying source.
Express CU offers a wide range of personal loans to meet your needs. Use a personal loan to purchase home appliances, pay medical bills, emergency expenses, purchase a computer, or for a variety of other reasons.
We also offer loans to help build your credit history or to help you consolidate multiple bills into a single payment. The amount of your loan and interest rate are subject to qualifications. For your convenience, we offer easy, electronic payment plans at no charge.
Payday Alternative Loan
The Payday Alternative Loan is a small dollar, short term loan product designed to help when money is needed right away during emergencies. You must be a current member with at least 6 months continuous direct deposit from the same source.
Members can receive a loan of up to $750.00 and pay a 15% flat fee on the amount borrowed. You have up to 90 days to pay off the loan with payments that are linked to your direct deposit.
Now available Four month repayment! Would you like to have one month s payment in a savings account once your loan is repaid? By opting into a four month repayment, a portion of each month s payments will be automatically deposited into an emergency savings account. This action creates a savings for you to use once your loan is paid off.
Starting July 2015 All members who pay off their loan on time will receive a $25 refund in the form of a deposit into the Save to Win CD. With the $25 deposit into this special CD you will get one entry into our monthly local and statewide drawing and could potentially win $5000! We encourage you to deposit more on top of what is deposited for you in order to increase your chance of winning!
Debt Consolidation- Trust Credit Card
The Trust Card is a unique credit card designed specifically to get you out of high interest credit card debt, coupled with free, personalized support from an expert Financial Counselor.
The expert Financial Counselors, located at the Financial Empowerment Center, will give you free support every step of the way. You will work together with your Financial Counselor to establish a payment that’s affordable but ensures your debt is paid down rapidly. This combination of Rapid Repayment and expert advice will get you out of debt and keep you out of debt.
Signature / Unsecured Loans
If you need money for home appliances, medical bills, computers, or if you are just a little short for this year s vacation plans – a signature loan may be the answer. Fixed rates and monthly payments are designed to help you pay for the things that you need or want today without using potentially higher rate credit cards or store financing.
Credit Builder Loans
This loan option is a way to build a credit history and establish an emergency cash fund all in one!
The amount of money borrowed for this loan is deposited to your share savings account or CD at Express Credit Union and is frozen until the loan is paid in full. Your borrowed money earns interest while it is held for you.
You make monthly payments on the loan and we report this to the credit reporting agencies giving you a credit history. At the end of the loan, the cash in your account is unfrozen and yours to use or save as you wish.
This is a great loan for you if you are a first-time borrower, trying to re-establish your credit, improve your credit score, or if you want the discipline of a forced savings plan.
Cash Secured Loans
Similar to our Credit Builder Loan we loan you money secured by cash you deposit to your share savings account or CD. The cash used as security on the loan does not have to be your own – even family or friends may help you by depositing money at Express Credit Union and agreeing to have it frozen until you repay your loan in full.
US Citizenship Loans
The US Citizenship application fee is now $680 per person and this can be a lot to pay all at once. If you don t have the money for the application fee and don t qualify for other assistance Express can help you by providing you with a loan that can be repaid over 9-12 months. You can also apply for a loan for $1070 to cover the application fee for Permanent Residency. Special requirements apply.
D.A.C.A. Loans (Deferred Action for Childhood Arrivals)
ECU is partnering with 21 Progress to provide the needed $465 in an affordable loan to pay for the application process. Please contact 21 Progress to learn about their Build Your Dream program http://21progress.org. 206-829-8482. Special requirements apply.
Employer Sponsored Small Dollar Loan Program (ESSDL)
Have you ever gone to your HR department asking for an advance on your payroll or to get a 401k loan? Express Credit Union is now partnering with employer groups around Seattle to offer an alternative to payroll advances. Employees of these specific employer groups can automatically qualify for a signature loan ranging from $300-$1000 with an agreement that the loan payment amount is deducted from your payroll and sent automatically to Express Credit Union. As long as you’ve been employed at your employer for six months, are in good standing with them, are not in bankruptcy and can receive direct deposit you will qualify. **Eligibility is not based on credit. Please check with your HR department today to find out if they are partners with Express Credit Union. If they aren’t please have them contact the Loan Department so we can discuss how to get them signed up.
**Qualifications will be determined by individual creditworthiness including, income, debt ratio, employment and credit history. Verification of income may be required. Must be 18 years of age.