|APR (Factor Based)||
4.74% - 8.74%
|Loan Term (Months)||36 - 84 months|
|Credit Score Range||N/A|
Louisiana Federal Auto Loans Review
Louisiana Federal Auto Loans is offered by louisiana federal credit union, a credit union founded in 1935 and based in LaPlace, LA. louisiana auto loans are available in 1 state across the USA.
louisiana auto loans FAQ
What APR does louisiana auto loans offer on its car loans?
louisiana auto loans offers a car loan product that ranges from 4.74% APR up to 8.74% 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 louisiana auto loans?
louisiana auto loans has car loans with terms ranging from 36 to 84 months. Having the option of longer terms -- terms can range up to 144 months -- allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.
Does louisiana auto loans charge an origination fee?
Yes, louisiana auto loans may charge a loan origination fee.
Does louisiana auto loans charge a late fee?
Yes, louisiana auto loans charges borrowers with a late payment penatly fee
Does louisiana auto loans charge prepayment fees?
Yes, louisiana 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 louisiana auto loans loan?
Yes, you can. However, louisiana 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 Louisiana Federal Auto Loans?Louisiana Federal 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.
Louisiana Federal Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. Louisiana Federal 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 Louisiana Federal 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 Louisiana Federal 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 Louisiana Federal Auto Loans report your account activity to credit bureaus?
Yes, Louisiana Federal Auto Loans reports your account activity to the following credit reporting agencies:
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 Louisiana Federal Credit Union a legit company?
Louisiana Federal Credit Union was founded in 1935, it is a well-established company that has been in business for 88 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.
Other Services by Louisiana Federal Credit Union
|Employment Statuses Considered||
|Immigration Status Considered||
|Joint Loan Applications Accepted||
|Supported Income Types||
|Verification Documents Required||
|Credit Bureau Reporting||
|APR Type||Factor Based|
|APR (Factor Based)||
4.74% - 8.74%
|Loan Term||36 - 84 months|