Vehicle Loans

Take the smart course. Before visiting the dealership, arrange a pre-approved car loan at Morell Credit Union. A pre-approved loan puts you in the driver’s seat when negotiating price or comparing lease agreements. And when comparing, remember to ask about making extra payments, loan insurances and cost of borrowing. With the right information, you can make the right decision that fits your lifestyle.

Use a pre-approved loan for used and new cars, trucks, boats or recreational vehicles.

Benefits:

  • Flexible repayment terms
  • Repay your loan faster with weekly or bi-weekly payments
  • No penalty for extra payments or early repayment

Features:

  • Credit life, disability and critical illness insurance available
  • Competitive rates

 

Creditor’s group insurance coverage is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrollment intake, medical underwriting and claims administration are provided by the employees of CUMIS Services Incorporated. Coverage is governed by the terms and conditions of the creditor’s group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. See the Product Guide and Certificate of Insurance for full coverage details.