CoVantage CU Auto Loans

CoVantage CU Auto Loans Review

CoVantage CU Auto Loans is offered by CoVantage Credit Union, a credit union founded in 1953 and based in Antigo, WI. CoVantage CU Auto Loans are available in 3 states across the USA.

CoVantage CU Auto Loans FAQ

How much can you borrow via CoVantage CU Auto Loans?

CoVantage CU Auto Loans loan amounts start at $5,000.

What APR does CoVantage CU Auto Loans offer on its car loans?

CoVantage CU Auto Loans offers a variable APR car loan product that ranges from 6.79% APR up to 9.99% 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 CoVantage CU Auto Loans?

CoVantage CU Auto Loans has car loans with a maximum term of 180 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 CoVantage CU Auto Loans charge an origination fee?

Yes, CoVantage CU Auto Loans may charge a loan origination fee.

Does CoVantage CU Auto Loans charge a late fee?

Yes, CoVantage CU Auto Loans charges borrowers with a late payment penatly fee

Does CoVantage CU Auto Loans charge prepayment fees?

Yes, CoVantage CU 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 CoVantage CU Auto Loans loan?

Yes, you can. However, CoVantage CU 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 CoVantage CU Auto Loans?

CoVantage CU Auto Loans does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

CoVantage CU Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. CoVantage 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 CoVantage 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 CoVantage CU Auto Loans.

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

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

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

Yes, CoVantage 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 CoVantage Credit Union a legit company?

CoVantage Credit Union was founded in 1953, it is a well-established company that has been in business for 70 years.

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