Pre-approval advice from Nutley’s Credit Union
Most drivers aren’t motivated to apply for financing before shopping for their first or next ride. What you might not realize is that a pre-approval can be a safety feature.
Protective measures of a Pre-approval
- Know how much you can afford so you don’t overspend
- Be able to negotiate the price with the dealer
- Feel confident by being prepared
Plus, you’ll have a 60-day period to shop around.
As a bonus, new members of Proponent Federal Credit Union can enjoy a 0.50% rate discount* on all types of Auto Loans.
About Proponent
Proponent is one of the largest federally insured New Jersey-based Credit Unions. We are a member owned, not-for-profit, local alternative to for-profit banks. All of our earnings are reinvested to improve our products, services, and the overall experience of our members.
We recently opened a new Member Center at 433 Kingsland Street, Nutley, NJ 07110, next to The Oakley. Make an appointment to visit us today.
Click here to view details and eligibility information or fill out our request form to be added to our email list.
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*APR = Annual Percentage Rate. Offer only available to new Members and valid 60 days from date of membership. 0.50% rate discount is valid on all new, used and refinanced vehicles not currently financed with Proponent . Rate cannot be combined with any other offer. APR is based on credit worthiness, loan type, loan to value and term of the loan. Example monthly payment for a $20,000 new auto loan at 5.24% for 48 months would be $463.72. Other restrictions may apply. Financing available up to 96 months on a new vehicle loan and 84 months on a used, refinance or recreational vehicle loan. Vehicle retail value must be $5,000 or greater. Vehicles eligible for auto refinance rates are five years old or newer and not currently financed at Proponent . Up to 100% financing available, based on NADA “retail” value. Restrictions apply on financing a vehicle with a Loan to Value over 100%. Rate and terms are subject to change. Length of promotion is at Proponent’s discretion. Promotion requires a promo code distributed to qualified applicants.
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