Are you looking for a new car now that the economy is starting to come back? Northwest Federal Credit Union has an amazingly low 1.49% APR for new car loans up to 36 months! They also have a straight $200 cash back rebate for refinancing your existing loan with them.
Credit Union membership:
NWFCU does require you to be a member by meeting the following criteria:
- You work for a government agency (or are a spouse, children, sibling, parent or grandparent of a government employee).
- You work for one of these 500+ companies or are employed by one of their partner organizations.
However, if you struck out on the above options the easiest way to become a member of Northwest Federal Credit Union is to pay $10 to join the Financial Awareness Network! FAN is an organization that is dedicated to promoting and supporting financial education. Simply pay the one time fee and there is nothing else involved. I joined just now!
Additional terms:
Since this is an extremely low promotional rate NWFCU is offering a .25% APR discount when you apply for the loan online and an additional .25% discount for having a monthly direct deposit into one of their checking accounts of at least $500 (and have an automatic loan/lease payment from that account). Otherwise the rate will be 1.99% which is still great.
Visit the Northwest Federal Credit Union site HERE for full rate details and to apply or call 1-866-709-8901. This is a special promo APR that will not last long.
