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* Minimum loan amount is $7,500 for a 60 month term, $15,000 for 72 month term or $25,000 for a 84 month term.
    We also offer 60 month term for loans of $10,000 or more, and
    $20,000 or more for an 84 month term.
** Rates based on credit worthiness, term and other conditions

Eligibility -- All borrowers must be members of Erie General Electric FCU and age 18 or older. A cosigner or guarantor on the loan does not have to be a member.

Loan Policy -- Our main objective is to meet the borrowing needs of our members. Past credit history, ability to repay, work history, outstanding obligations, and acceptable security are the primary factors our loan officers review when approving your loan.

New Auto Loans -- Any new (untitled) vehicle of the current model year can be financed up to 100% of its sticker price, plus tax, title, warranty, and other associated costs. Check out our great rates! Terms are available up to 72 months for qualified loans. Apply for your loan today.

Used Auto Loans -- Used autos up to 11 model years old can be financed up to 100% of the current NADA retail value plus tax, title, warranty and other associated costs. Terms are available up to 72 months for qualified loans. We also finance vehicles purchased from private owners. Apply for your loan today.

Repayment Options -- You select the repayment option that best suits your needs. Choose from monthly coupon book, cash payments, monthly transfer from your Credit Union savings or checking account, payroll deduction, or direct deposit. When selecting a coupon book, you determine the first payment due date that best fits your monthly budget.

Guaranteed Asset Protection (GAP) -- What are the chances of your vehicle being stolen or wrecked? There could be a big difference between what your insurance will pay and what you owe on a loan. That is where Guaranteed Asset Protection (GAP) Insurance could save you thousands of dollars. Contact us for information on our GAP coverage program.

Loan Protection Insurance -- Credit Disability Insurance coverage is available for eligible borrowers. This insurance provides the protection and peace of mind granted by knowing that, if you become disabled by illness or injury and are unable to work for 30 days or more, your loan payments at the credit union will be made. We also offer Credit Life Insurance for qualified applicants. The cost of both insurances is included in your monthly payment. Contact one of our loan officers for details and requirements.

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