Finding and selecting the best Auto Loan deal can be quite tiresome. The difference in terms and conditions on auto loans as well as in interest rates can be shocking for a new buyer. Before you settle for an auto loan in Texas, you need to ensure that you have done your research, and are well aware of what the competitors are offering. It is definitely worth the wait to hang on a little longer and wait for the perfect auto loan to come your way, instead of signing up for the first loan offer that you get. The following tips will guide you on how you can get the cheapest possible auto loan-

• It is always advisable to seek the assistance of a community-oriented loan provider like a credit union to guide you through the process of getting a loan, as this can ensure that you get the most competitive interest rates, and are well-informed of the nuances of an auto loan.
• Choose a discount instead of 0% interest. Do not get deceived by the 0% interest claims, since the dealer offering it is likely to have already made up for that sum in the price of the car.
• It is unlikely that you will get a dealer in Texas who will be willing to offer you a rebate as well as a low interest rate on an auto loan. A smart way to get both would be to get a low-interest auto loan from a bank/ credit union, and then avail a rebate from the dealer.
• An obvious tip to get a cheap auto loan is to make use of services that offer free credit reports, and use them to review your credit and make any changes that can negatively affect your auto loan.
• You can also use a car payment calculator to get a clear idea of what the ideal monthly installments will be for you. This is useful in choosing the right car for your budget, as well as in making you come across as a well-informed buyer, which is critical to getting a favorable interest rate.

To obtain cheap auto loans easily and quickly in Texas, you can count on Greater Central Texas Federal Credit Union. You can visit us at 3305 E Elms Road, Killeen, TX 76542 or call us at 254-690-2274.

With more used cars than new ones being sold in the US every year, it is wise to consider buying a used car instead of a new one, for the several benefits that this offers. Here’s a look at what’s making car buyers go for the second-hand ones instead of bringing home a gleaming new set of wheels.

• The top advantage of buying a used car is of course that you save money. Considering that the value of a car drops by around 30% every 3 years, you are saving a lot by choosing to buy a used car instead of a new one.
• The saving does not end at the price that you have to pay for the car, but also extends to the ancillary costs like insurance. By buying a used car, you have to pay less for insurance than you would have to pay for a new vehicle, which will result in considerable annual savings.
• While buying a used car, you can get a clear picture of the car’s performance and reliability by taking a look at its service history.
• You will also save on accessories, since most used cars are equipped with the basic accessories that you will need, like a music system and air-conditioning.
• Since most of the depreciation on a car’s value takes place during the first three years of purchase, you are likely to get a better resale value on a used car than you would on a new one.
• With the introduction of CPO (Certified Pre-Owned) programs by most companies, used cars undergo a rigorous inspection procedure, which ensures that the certified cars have high-mileage and no record of major damage. Such cars are available at lower rates of interest than new cars.
• Buying a used car is a great way to get a relatively old model of a luxury car in excellent condition, at just a fraction of its original price.
• Buying a used car gives you a much wider variety to choose from, in terms of price, mileage, features, condition, and models.
• If you are buying a used car from an individual user, you might find it easier to negotiate and get a better deal, than if you were buying a new car from a dealer.

When you are finally ready to buy a used car, be sure to hire a mechanic to inspect it thoroughly. It is also advisable to get a written deal and to negotiate the price, starting at a price lower than what you are willing to pay.

To avail cheap auto loans for both used and new cars or to know more about the benefits of buying a used car, kindly visit us at Greater Central Texas Federal Credit Union. We provide you quick and cheapest auto loans in Texas. For more details, visit us at 3305 E Elms Road, Killeen, TX 76542 or call us at 254-690-2274.

A secured car loan is one in which the borrower puts up a collateral against the loan. This is usually the item for which the loan is being taken, which in this case is the car. Depending on various factors, the lender might also ask for collateral beyond the vehicle, in the form of a house, property, or any other valuable possession. In case the borrower forfeits any of the loan’s requirements, the lender is entitled to take legal action against the borrower, and claim the collateral.

The major advantages that a secured loan offers to the borrower are a lower rate of interest, and a more flexible repayment period.  Enlisted below are the basic requirements that you shall have to fulfill to be eligible for a secured car loan:

• A verifiable income- You should be able to prove a regular source of income on paper. This could be in the form of paycheck stubs, tax returns, or bank statements. It is advisable not to resort to any false claims on income, as this could badly affect your credit record for life. However, do not fret if your income does not show well on paper, since secured car loans usually have more flexible terms, owing to the security offered by collateral.
• Steady employment- A key requirement that most secured auto loan lenders seek in prospective borrowers is a steady employment. If you have had the same job for over six months, your proof of employment should suffice. In case of self-employment or an alternate source of income, you need to find a way to demonstrate the generation of regular income.
• Stable residency- Most lenders require that you should have lived in your present home for at least one year. If you have moved in recently, you might consider using a previous proof of residence, of a home where you lived for a longer period in the past.
• A high credit score- Even though this is not an essential requirement for most car loans, but it definitely helps to have a record of good credit in the past. You can consider using some quick ways to improve your credit score before applying for a secured car loan, to reduce your chances of rejection.

With these simple requirements intact, you should have no trouble in getting a secured car loan.

We at Greater Central Texas Federal Credit Union provide you with fastest and reliable secured auto loans. Whether you want to purchase a new car or a used one, we have solutions for all your car loan needs. We offer you flexible loans to suit your financial situation. For more details, visit us at 3305 E Elms Road, Killeen, TX 76542 or call us at 254-690-2274.

Cheap Auto Loan - 72 Month Auto Financing

A majority of people postpone buying cars just because they do not have enough money for the same. If you are amongst the ones who have postponed buying their dream car due to financial constraints, you will be glad to know that various secured and unsecured auto loan plans can help you. You can choose from various auto loan plans, loan tenures etc that will suit your financial budgets.

What are secured and unsecured loans? A secured loan is backed by some collateral having value equal to or greater than the loan amount. It offers you flexibility to repay the amount at a reduced rate of interest. Whereas an unsecured auto loan on other hand does not make you pledge any collateral to the loan provider. It is simply granted on the basis of your monthly income as well as expenses. Though one can find a number of banks and auto loans providers in Killeen, but choosing the right one is extremely important. While selecting an auto loan, you should look into any hidden charges, interest rates, loan tenure etc being offered by financial service provider and should compare it with others.

We at Greater Central Texas Federal Credit Union provide you quick and cheapest car loans in Texas. We neither harass you ask you by asking unnecessary questions nor make you wait for days to sanction your auto loan. We are renowned to approve your loan within 24 - 48 hours from the time we receive your completed application and verification of income.

If you are planning to buy a car, truck, van or any other vehicle, visit us today and avail the cheapest auto loans in Killeen. We also provide quick used car loans. All you need to do is fill in your details in the used auto loans application form. We will get back to you in 24 hours and provide you cheap auto loans.

For Cheap Auto loans in Central Texas visit us at Greater Central Texas Federal Credit Union 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

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The Greater Central Texas Federal Credit Union is a Killeen based financial institution that helps provide cheap auto loans to those who wish to invest in a new vehicle. As cars these days can turn out to be quite expensive, we provide low interest auto loans that can help finance your vehicle to a significant extent. We offer different kinds of interest rates on our auto loans depending on your credit ratings and your loan history. If you have exercised good borrowing practices and repaid your existing loans in a timely manner along with the accumulated interest rates, you will be granted a loan by us in a matter of a few hours. The interest rates enjoyed by those who have a good credit history also tend to be much lower than those who have defaulted in their past loans.

We do not follow lengthy and complicated application procedures that can be quite a turn off for potential borrowers. On the other hand, we have a very simple screening process that you can even choose to complete online by logging onto our official website. A few necessary documents as prescribed by USA Patriot Act 2000 may be necessary so that we can positively establish your identity. The necessary documents can be mailed or faxed to the address provided on our website. We follow a set of pre defined parameters to determine the rate of interest that we are going to charge for each kind of auto loan depending on the price of the vehicle you wish to buy and the financial information provided by you. This is done in order to assess your ability to repay the auto loan that is being taken.

We also have special offers that allow you to avail discounts depending on the kind of credit card you hold. Master card and visa card owners can enjoy hefty discounts in auto loans as well as in other kinds of loans being offered by us. You can either apply for a secured or an unsecured loan depending on your particular needs.

For more details on auto loans in all credit situations, visit us at Greater Central Texas Federal Credit Union, 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

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Whenever you feel the need of purchasing a new car but don’t have sufficient amount of finances, Auto Loans provide you with an opportunity to bear the cost without letting your dream go. Auto loans have become a much needed thing now-a-days. It is always advised to opt for the specific type of car loan as per your needs and requirements so that the budget could be well managed in hand. An auto loan helps in better control over the finances and makes the purchase more organized.

You should carefully choose among the various types of auto loans that are provided by various banks and financial institutions. Some of the major types of auto loans that are available in Texas are given below as:

• Long term auto loan - Car loan is given for a long term for the purchase of a brand new car. Long term auto loans usually lasts for a period of 60 months or 72 months and it may feature small monthly payments as well.
• Short term auto loan - It generally has a higher monthly EMI. As the time period for repayment is short, the total interest paid in this case is less.
• Used auto loan - The auto loans which are given to buy used cars are called “used auto loans”. To get a used auto loan, you are required to show higher credit standards because of the higher risk involved.
• New auto loans - The auto loans that are provided for a brand new car are known as new auto loans. The credit standards can be of average type and a low credit score is easily acceptable, but for a higher rate of interest.
• Direct financing - This type of loan is independent of any dealer and so, bargaining can be done which provides more flexibility to it.
• Second-chance auto loans - It is specifically meant for those people who do not have appreciable credit score.

Many banks and financial institutions offer different types of car loans and you can opt for a specific type that is best suitable for you. You can avail huge discounts and benefits if you are a member of the credit union. Auto dealers also provide you with a much more competent deal than other usual conventional methods.

For more details on wide range of auto loans and auto financing in all credit situations, you can contact Greater Central Texas Federal Credit Union, 3305 E Elms Road, Killeen, TX 76542 or you can call at 254-690-2274.

Secured Auto Loan - Cheap Auto Loan

Technology has made our lives simpler but has also made us too dependent upon it.  Car for instance, has become one of the biggest necessities today. But buying car is a big expense and only those with hefty money can afford to buy it as per their choice.

However, car loans are available for the convenience of those who do not have enough budgets to buy a car. It provides them with an opportunity to purchase a car of their choice.

Auto loan can be broadly categorized into secured and unsecured loans.  Purchasing a car using secured auto loan is comparatively a better option than opting for an unsecured auto loan. This is because when you opt for a secured loan, you need to keep a valuable asset such as land, house or any other property as a security to the lender. You can avail really low rate of interest as there is a low risk of money and added security for the lender.

On the other hand, unsecured loan does not require any collateral.  For this reason, it is great option for the people who do not own any asset. But the rate of interest is not solely dependent upon the collateral. The other factors like the credit history and ability to repay also play important role in deciding the interest rates.

Cheapest auto loans in Central Texas are available at Greater Central Texas Federal Credit Union. We provide you with secured car loans regardless of your credit history.  The loan offered by us does not demand any down payment.  Even if you do not have a regular income, we provide you with an auto loan at very reasonable rates of interest.

We are a renowned financing agency throughout Texas for providing our customers with fastest and reliable secured auto loans. The loans offered by us are flexible which suits your financial compatibility. For further details on secured auto loans and car financing, free to contact us at - Greater Central Texas Federal Credit Union located at 3305 E Elms Road, Killeen, TX 76542. We can also be contacted at 254-690-2274.

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Auto financing can be a hectic process if it is done without proper planning and research. It is an essential part of the loan process taken up by many banks and financial institutions. Auto financing generally refers to the financing of the car, but it may also include other auto vehicles. Thus, while you plan to finance your vehicle, you should investigate all the available options that best suit your requirement.

It is important to choose your Auto financing partner wisely. Some of the major things which you should always keep in mind before getting finance for your vehicle are mentioned below:

• Check your credit upfront before going for auto financing and take the decision wisely.
• Compare all the available options for auto loans in the market evaluating their respective competitive prices being offered.
• Check out the local bank or the credit union which may offer you with low rate of interests and are more convenient.
• You can also opt for dealer financing where the dealers of the auto companies who provide you with the auto vehicles get your loans sanctioned themselves.
• You can also examine leasing aspect according to your suitability. It can be a wise as well as a worse decision you can make, as it strictly depends upon your particular needs and requirements.
• You should always keep in mind not to stretch your budget limits and allot only that part of your income which you can spend comfortably on a monthly basis.
• Also, do not overextend your loan tenure to 8 - 10 years as it is a long time and various changes take place during this which may or may not complicate your situations.
• Ensure that you make the maximum amount of money in down payment as you don’t have to stretch or exhaust your savings afterwards.   

For more details on wide range of auto loans and auto financing in all credit situations, you can contact us at Greater Central Texas Federal Credit Union, 3305 E Elms Road, Killeen, TX 76542 or call at 254-690-2274.

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A dream does not cost anything. But if you are struck up with bad credit, then it is likely that most of your dreams will be hard to realize. Bad credit affects your ability to get loans for cars, home or even business. So in times of need, you might have to borrow money or get it at very high interest rates. Such a situation can be troublesome and frustrating.

While most of the lenders do not provide loan to people with bad credit score, we here at Greater Central Texas Federal Credit Union endeavor to provide loans to the people who have bad credit you without making them toil for it. If you are someone who has been turned down over and over again due to bad credit then you have been to all the wrong places, we must say. For when it comes to bad credit loans you can never find from a better place than Greater Central Texas Federal Credit Union.

We provide you a hassle free and easy way that can help you buy your dream car. All you are expected to do is to follow a simple process. You just have to visit us or give us a call and we will let you know all the requirements that have to be met for seeking a loan. Most of the lenders who give out loans to people with bad credit charge huge interest rates, while we at Greater Central Texas Credit Union provide the same at a much reasonable rate. If you have a bad credit, you do not have to shell out high monthly installments to us.

While bad credit is usually seen as a problem case by most lenders, we believe otherwise. Our work is to help you fulfill your dreams and assist you in driving your favorite car. Our work involves hassle free money lending at no extra cost.

For all those who are tired of looking for bad credit car loans, we are just a phone call away. For more details on auto loans you can contact us at Greater Central Texas Federal Credit Union, 3305 E Elms Road, Killeen, TX 76542 or call 254-690-2274.

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When you are out to buy a car then it is advisable to first concentrate on the financing part and then move ahead. While it is believed that the length of the loan should be dependent on the time for which the buyer intends to keep the car, 72 month auto loans have come out to be quite popular in Texas these days. Some of the advantages of 72 month Auto Loans in Texas are:

• A 72 month auto loan means that the buyer will have to make 72 payments as loan installments to repay the loan and before he can legitimately become the owner of the car. It is advantageous as you are required to repay the loan in appropriate time which is neither too short nor too long.

• As the loan tenure is long, successful repayment helps in building up your credit worthiness.

• As the Auto loan’s monthly installment is not so high, you can buy a better vehicle of your choice even though it costs a bit more.

• There might be a change in the lending rate and the buyer just might happen to benefit from these changes.

• Also, this 72 month auto loan can be a very good option for some driver who has a fixed income, small savings and a desire to make a hefty investment for a long period of time. Such an Auto loan will be highly useful for such a buyer as it will result in small monthly incomes and will help him save some money from his income.

Many drivers are today looking for a solution to high loan rates. 72 month Auto Loans is the answer to their problems as it helps lower the monthly installment which is to be paid and lengthens the time for which this amount is paid on a monthly basis.

We are pioneers in providing Auto Loans in Texas. For further details feel; free to contact us at - Greater Central Texas Federal Credit Union 3305 E Elms Road, Killeen, TX 76542. You can also call us at 254-690-2274.

Cheap Auto Loan - 72 Month Auto Financing