Credit Union Motor Finance - Ad Campaign
Please note: Individual Credit Union Loan Rates apply - please contact your local credit union for details.
Find your local credit union here.
“Why should I choose credit union motor finance?”
A credit union car loan has some very special features:
• Car loans are insured at no direct cost to the eligible member.
• No hidden fees or transaction charges.
• Reasonable interest rates.
• Repayments calculated on the reducing balance of the loan. This means smaller interest repayments as you repay your loan.
• Repayment terms to suit your particular circumstances.
• You can repay the loan earlier with no penalty.
• Additional lump sum repayments accepted with no penalty.
• Flexibility to make larger repayments than agreed with no penalty.
“How much does a credit union car loan cost?”
Your credit union can give you details of current interest rates. However, by law, a credit union cannot charge more than 1% per month on the reducing balance of your loan.* There are no fees or transaction charges.
Some credit unions may charge even less than 1% per month or give a rebate of interest to 
borrowers at the end of the year.
“How do I set the wheels in motion?”
If you are a member, speak to your credit union about making an application.
If you’re not already a member, call into your local credit union for more details on how to apply for membership. To find your local credit union, check your local telephone directory or visit your local credit union.
Here is the poster advertisement being shown in the press and online -
