If you're buying a car for the first time and have limited (or no) credit history, this program is a great opportunity for you to build credit, and get a competitive, low rate so you can enjoy a manageable monthly payment.

Features of our first-time buyer loan

  • Borrow up to $30,000.
  • Choose a flexible term, up to 60 months, for a budget-friendly payment.1
  • Get financing for up to 130% of the car's value.2

What you'll need

  • Be 18 or older.
  • Complete a loan application and credit qualify.
  • Make a minimum 10% cash down payment of purchase price (excluding rebates).
  • Show proof auto insurance prior to funding.



Log in to Online Banking to apply.

Call (800) 462-8328

Monday through Friday, 7 a.m. – 7 p.m.
Saturday, 9 a.m. – 3 p.m.



SchoolsFirst FCU has a loan program featuring a range of interest rates for some of its consumer loans. A rate is based on a variety of factors, including the applicant's credit rating. Rates quoted are effective as of 06/01/2023 and are subject to change without notice. All loans subject to approval.
  1. Maximum term based on various factors, including the amount financed.
  2. Financing not to exceed $30,000 or 130% of the MSRP on new vehicles (KBB Suggested Retail Value on used vehicles) based on creditworthiness, whichever is less; and may include tax, license, documentation fees, GAP and Extended Warranty/MRC.

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