New Auto Loans

  • Borrow up to 125% of purchase price plus taxes‚ tags‚ extended warranties and GAP insurance
  • Rates as low as 1.99% and based on your credit worthiness
  • Get up to a 1.00% rate discount with TRUE•BLUE Loyalty Rewards
  • Terms available up to 72 months — same rate for any term!
  • Credit Life and Disability Insurance are available

Used Auto Loans

  • Borrow up to 100% of the retail NADA Blue book value of the car, plus taxes, tags, and warranties
  • Rates as low as 1.99% and based on your credit worthiness
  • Terms available up to 72 months — same rate for any term!
  • Credit Life and Disability Insurance are available

Repaying your auto loan is easy with payroll deduction. You can also pay by mail or in person.

Download a loan application

Return your completed application by fax to 202-518-0391.

Auto Loan Rates

Get a 1% rate discount off our already low rates with our TRUE•BLUE Rewards Program.

Effective July 1, 2021
Loan TypeTermsas low as APR*Sample Payment
*Annual Percentage Rate. Rate is not based on term. Your rate will vary based upon credit worthiness and other account services criteria. Not all borrowers will qualify for the lowest rate. Rates are subject to change without notice.
**New Car Loans up to 125% financing of purchase price plus taxes, tags, warranties and GAP insurance.
***Used Car Loans up to 100% of NADA retail value, plus taxes, tags and warranties.
Rate reflects a 1.00% TRUE•BLUE Loyalty Rewards discount. Review Requirements
New Car Loans**up to 72 months1.99%$16.30/$1,000 for 72 mos.
Used Car Loans***up to 72 months1.99%$16.30/$1,000 for 72 mos.

Car Sales Partners & Buying Assistance

Howard University Employees FCU has formed partnerships with United Buying Service to offer you assistance in buying your car.

You also might want to consult the NADA Blue Book for purchase values, trade-in values, ratings and more. Car Fax allows you to purchase a vehicle history on used autos before you buy.

Enterprise Car Sales provides members with everyday discounts on quality pre-owned vehicles. Enterprise cars come with a 7-day repurchase agreement so you can buy with confidence. Each vehicle goes through a rigorous inspection process and all are sold at below NADA retail value. To learn more, visit the Enterprise Car Sale website.

Credit Life and Credit Disability Insurance

Low cost group rate credit life and disability insurance are available for extra protection on your loan. If you are sick or injured, who will make your loan payment? Disability insurance will cover the payment for the life of the loan, if necessary. Your loved ones will appreciate the extra protection life insurance provides on your loans. The cost will not set you back and it is included in your loan payment. Ask a credit union representative for more details when you submit your loan application.