Lower your auto loan and get the jolt of savings you need.
If your current auto loan rate is giving you sticker shock, it’s time for a change.
Refinance your auto loan with ElecTel and you could lower your rate by up to 2.00% APR*. That means more money in your pocket each month and less interest paid over the life of your loan.
- Lower your current auto loan rate by up to 2.00% APR*
- Save money every month with a more affordable payment
- Pay less interest over time
- Simple, hassle-free refinance with trusted local service
Get the Jolt You Need
Refinancing your auto loan doesn’t have to be complicated. With ElecTel, it’s fast, straightforward, and designed to put savings back where they belong – in your ElecTel Savings Account.
- Your current auto loan information
- Proof of your external rate
- A quick application
Who Should Refinance?
- Financed your vehicle through a dealership or another lender
- Are paying a higher interest rate than you’d like
- Want to lower monthly payments or save on interest
- Prefer a credit union that works for its members — not shareholders
Be shocked by your rate.
Lower your auto loan and get the jolt of savings you need today.
This calculator is provided for illustrative purposes only. The estimated rate, payment, and loan terms shown are examples and may vary based on creditworthiness, loan amount, term, vehicle, and other factors. Actual rates and terms may differ.
*APR = Annual Percentage Rate. Approved rate will be up to 2.00% APR less than member’s current external auto loan rate. New rate cannot be lower than ElecTel Cooperative Federal Credit Union’s minimum floor rate. Members must meet loan qualifying criteria. All auto loans are subject to credit approval. Loans financed through dealer or manufacturer at 0.00% are ineligible. ElecTel Cooperative Federal Credit Union reserves the right to extend, alter, or cancel this promotion at any time. Proof of current, external rate required. See credit union for more details. Federally insured by NCUA.
