GET PRE-APPROVED FOR “MY FIRST AUTO LOAN”
Are you in need of a car for work or school, but:
❌You are 18 years of age
❌Have no credit
❌Might need a parent or legal guardian to help you get a loan
➡ Well, we have good news, did you know that Beacon FCU has a cool program for people our age who’ve never had an auto loan under their name? Let’s talk more about My First Auto Loan by Beacon FCU.
➡ To begin with, there are a few requirements you need to qualify for My First Auto loan:
✅You have to be 18-25 years old
✅Have a 6-month job verification
✅No negative credit history
✅And you will need to establish an account and direct deposit.
➡ A few things you might want to know about My First Auto Loan program:
✅You will have 45 days before your first payment is made.
✅No co-signer is needed.
✅You don’t need a down payment
✅You can borrow up to $20,000
NOTE: Your specific rate and term will be dependent upon your credit rating, collateral value, amount financed, and relationship with BEACON FCU.
*APR= Annual Percentage Rate. Rates are subject to change without notice. For information on current rates, call our Member Service Center at 281-471-1782
“OWNING YOUR FIRST CAR HAS NEVER BEEN THAT EASY”
How to get PRE-APPROVED?
- Visit or Call any of our 5 Locations. (If you are a Beacon FCU Member, you can apply by phone)
- Provide Income Verification ( Last 2 Pay Checks). If Self-Employed provide the last 2 years of Tax Returns.
- Provide Insurance Information.
- To become a member please visit one of our 5 locations, a loan expert will guide you through the process to become a member and get pre-approved for your vehicle loan.