Car Loans La Crosse

Applying for car loans in La Crosse is one of the easiest ways to acquire a vehicle . It’s a process where consumers borrow money from a lender to fund their auto purchase. In return, they’ll agree to pay the full amount they borrow on schedule and with interest.

Many financial institutions offer car loans in La Crosse and credit unions are one of them. They’re known to offer consumer-friendly rates for car loans in La Crosse. If you’re planning to apply for car loans in La Crosse, consider Governmental Employees Credit Union. We’re more than willing to assist you in buying your dream car.

Credit Union Requirements for Car Loans in La Crosse

There are many services that credit unions can offer including car loans in La Crosse. People prefer borrowing funds from them as they’re not-for-profit organizations. They exist to serve their members. If you’re planning on joining them, take note of the common credit union requirements for car loans in La Crosse.

• Membership for Car Loans in La Crosse 

Credit unions are created, owned, and operated by their own members. To apply for their car loans in La Crosse, you should be a member because their transactions for car loans in La Crosse are exclusive for their members only.

• Good Credit Ratings for Car Loans in La Crosse

Another important factor to consider when you apply for car loans in La Crosse is the credit rating. It’s easier to get an approval if you have a good credit score because it shows that you pay your dues. Being financially responsible is an important consideration when applying for car loans in La Crosse.

The higher the credit score, the most likely you’ll get approved for car loans in La Crosse. Credit unions also consider those with poor credit ratings. However, their monthly payment will be higher than those with good credit scores.

• Collateral for Car Loans in La Crosse

Those with poor credit ratings are most likely required to put up their property as collateral for their car loans in La Crosse. It should be equivalent to the amount of the vehicle they want to purchase. If they fail to pay back on time, they’ll have to give this collateral to the lender as payment for their debt.

Some applicants for car loans in La Crosse put up the car they purchase as collateral. However, they can also offer other properties or belongings as long as they’re equivalent to the amount that they borrow.

• A Co-Signer for Car Loans in La Crosse

When the credit, collateral, or income doesn’t suffice to get approved for car loans in La Crosse, having a co-signer can help. However, they should have a strong credit report and a large income. These can strengthen the consumer’s application for car loans in La Crosse.

• Supportive Details and Documents for Car Loans in La Crosse

When applying for car loans in La Crosse, there are certain details and documents that the lenders will ask for. They include proof of identity, income, insurance, and residence as well as bank statements. These documents will support your application for car loans in La Crosse.

• Completed Application Forms for Car Loans in La Crosse

All types of application from an established institution have forms to be filled out correctly and honestly. Make sure to read and comprehend every detail that they ask. Everything that is input to the form will be kept under the client’s record.

Acquire Your Dream Car With the Help of Governmental Employees Credit Union

Requirements for car loans in La Crosse may vary depending on the credit union. However, it’ll be helpful to know those that are commonly asked by different lenders. Prepare these things to increase the possibility of your loan’s approval.

If you’re ready, consider Governmental Employees Credit Union. We’re one of the best financial institutions that offer competitive car loans in La Crosse.

Making Everyone Count Since 1931

Credit unions are known as a great alternative to banks. These institutions offer accounts with lower fees and loan rates. They’re also owned by their customers, that’s why they offer better deals. If you want the idea of a customer-owned financial institution, joining a credit union might be the right choice for you.

Many credit unions offer a lot of benefits. However, not all of them are able to provide their customers with a great experience. If you want to make sure that you get great deals and satisfying customer service, join Governmental Employees Credit Union (G.E.C.U.). We offer great financial services while making sure that our customers feel valued. 

Open an Account With Us

Like any other bank, we also give our clients the privilege to open a bank account for their funds. Whether it’s a checking or savings account, G.E.C.U. makes sure to provide you the one that’s perfectly tailored to your lifestyle and needs. 

• Checking Accounts

At G.E.C.U., we don’t just provide great checking accounts. We also give you a lot of rewards with Kasasa Cash! You can choose between three options. 

The first option we have is the free Kasasa Cash Checking account with a high-interest reward. The second is a free Kasasa Cash Back Checking account with 2.25% cashback on purchases using your debit card. The third is the Free Kasasa Tunes Checking account, which gives you digital credits for apps and music purchases. Whichever you choose can be opened in minutes, too. Hassle-free, right? 

• Savings Accounts

Here, we offer you a lot of savings account options for you as well. 

• Basic Savings Account

This marks your membership with us. You’re only required to deposit a minimum of $5 to open your account.

• Elite Money Market Account

When you choose this account, the higher your balance is, the higher the interest rate you’ll get. You won’t get any maintenance fee if your balance is amounting to or more than $2,500.

• Health Savings Account (HSA)

With this account, you can prepare for medical expenses you might have in the future. You can also enjoy triple tax saving where you’ll have tax-free withdrawals for any medical expenses and earnings. 

• Certificates of Deposit (CDs)

Having trouble with saving money? This option is for you, then. Fixed-rate earnings for your term of choice. 

• Christmas Club

This type of savings account is created especially for your holiday funds. It also helps keep you away from having debts during the holidays.

• Individual Retirement Accounts (IRAs)

In this type of savings account, you’ll be able to secure your retirement and earn revenues at a higher rate.

Apply for a Visa Credit Card

At G.E.C.U., we help you expand your purchasing power by providing a globally-accepted credit card. We have competitive rates, low annual percentage rate (APR), and there are no annual fees! Apply with us now.

Pursue Your Dreams With Us

Everyone has the right to education. That’s why here in G.E.C.U., we offer a $500 scholarship to our members. The qualifications are simple; you just have to be a member and you must be already accepted or attending your school of choice.

Other than the two eligibility requirements, you should also submit three documents: your accomplished application form, a scholarship essay, and an autobiography that contains your school activities, awards, employment, and community service records. Apply now.

Secure Your Future With the Friendly Credit Union

Since 1931, we have been making every customer feel that they’re a part of the company; each of them is the partial owner of G.E.C.U. We assure you that we will continue making our customers feel that way. 

Our friendly and accommodating staff will strive to personally know you by name. As La Crosse’s friendly credit union, we enjoy doing business with our clients in the friendliest way that we can. If you want to be a part of the family and experience our customer service, talk to us now.