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First-Time Parent- Assist Auto Loans

It’s tough to buy a car when you have little to no credit history. CCCU’s First-Time & Parent-Assist Car Buyer Program makes buying your first set of wheels easy. If you’re 18 years of age or the parent of someone who’s looking to buy a new or pre-owned vehicle, we’re here to get you on the road, save money, and drive away happy! 

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Auto Loan

  • Affordable financing on new and used vehicles 
  • Terms up to 84 months  
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Car Loan Calculator

Looking to find out what your monthly car loan payment or final car purchase price will be? Use our Car Loan Calculator to help you determine how much car you can afford!

Frequently Asked Questions 

How do I apply for an auto loan? 

You can apply for an auto loan online in just minutes. We require a parent or guardian to co-sign to qualify for the loan. There’s no fee to apply. If you need more information, please email us at [email protected] or call us at 800-347-CCCU (2228).

What is the required down payment for an auto loan? 

There is no set down payment requirement and is contingent upon various factors of the loan such as credit quality of the applicant and co-applicant. Sometimes a down payment is not required. 

Is there a prepayment penalty on an auto loan? 

No, there are no prepayment penalties on an auto loan 

Terms and Conditions

*APR=Annual percentage rate. Rate and terms effective 04/17/2024 and are subject to change without notice. This is a fixed rate loan and reflects the 0.25% discount for new members OR for members using automatic payments from a Christian Community Credit Union Checking Account (new members are those that joined Christian Community Credit Union within the last six months). Monthly payment for $10,000 for 60 months: at 6.99% APR would be $198.53. Refinances for existing Christian Community Credit Union loans will require a $2,500 cash out, if the vehicle has good value. Not all borrowers will qualify for the lowest rate. Rates are based on credit history and underwriting factors. Rate subject to credit approval, age of collateral, and mileage. 
Rate Increase to Base Rate 
• Add 0.50%  for every 5% above Base Loan-to-Value (LTV) limit; subject to Out-the-Door (OTD) LTV limits (max 10% above base LTV) 
• Add 0.50% if vehicle is over 100K miles 
• Add 0.50% if model year is 10 years or older for credit score below 660 
1. Applicants with a credit score of at least 780. 
A $25 one-time membership fee applies if you do not have a deposit account when you become a member of Christian Community Credit Union by applying for a loan. Fee will be waived if you open a deposit account within 30 days of loan approval. Visit myCCCU.com/deposit-account.