Bowater Credit Union Auto Loans

Bowater Credit Union Auto Loans Review

Bowater Credit Union Auto Loans is offered by Bowater Credit Union, a credit union founded in 1954 and based in Calhoun, TN. Bowater Credit Union Auto Loans are available in 50 states (and Washington, DC).

Bowater Credit Union Auto Loans FAQ

What APR does Bowater Credit Union Auto Loans offer on its car loans?

Bowater Credit Union Auto Loans offers a variable APR car loan product that ranges from 4.25% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

Does Bowater Credit Union Auto Loans charge an origination fee?

Yes, Bowater Credit Union Auto Loans may charge a loan origination fee.

Does Bowater Credit Union Auto Loans charge a late fee?

Yes, Bowater Credit Union Auto Loans charges borrowers with a late payment penatly fee

Does Bowater Credit Union Auto Loans charge prepayment fees?

Yes, Bowater Credit Union Auto Loans does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my Bowater Credit Union Auto Loans loan?

Yes, you can. However, Bowater Credit Union Auto Loans charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for Bowater Credit Union Auto Loans?

Bowater Credit Union Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. Bowater Credit Union Auto Loans only considers borrowers who are employed. Note that borrowers can add a cosigner or a co-borrower to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Bowater Credit Union Auto Loans. Their rates fall within the limits of The Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Bowater Credit Union Auto Loans.

To qualify, applicants may need to provide the following documentation:

• Driver's license
• Proof of identity
• Proof of citizenship or residence permit

Is Bowater Credit Union a legit company?

Bowater Credit Union was founded in 1954, it is a well-established company that has been in business for 69 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.