Connex CU Auto Loans

Connex CU Auto Loans Review

Connex CU Auto Loans is offered by connex credit union, a credit union founded in 1940 and based in North Haven, CT. connex auto loans are available in 50 states (and Washington, DC).

connex auto loans FAQ

What APR does connex auto loans offer on its car loans?

connex auto loans offers a variable APR car loan product that ranges from 5.24% APR up to 7.74% 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.

What is the maximum auto loan term you can get with connex auto loans?

connex auto loans has car loans with a maximum term of 60 months. Having the option of longer terms allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your car loan, the more interest you will pay.

Does connex auto loans charge an origination fee?

Yes, connex auto loans may charge a loan origination fee.

Does connex auto loans charge a late fee?

Yes, connex auto loans charges borrowers with a late payment penatly fee

Does connex auto loans charge prepayment fees?

Yes, connex 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 connex auto loans loan?

Yes, you can. However, connex 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 Connex CU Auto Loans?

Connex CU Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. Connex CU Auto Loans only considers borrowers who are employed.

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 Connex CU 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 Connex CU Auto Loans.

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

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

Does Connex CU Auto Loans report your account activity to credit bureaus?

Yes, Connex CU Auto Loans reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

Is Connex Credit Union a legit company?

Connex Credit Union was founded in 1940, it is a well-established company that has been in business for 83 years.

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