ages
  Payment Shaver Loan Program Advantages
   
•Payments are generally lower than a lease and can be up to 30% less
  than a conventional loan.
•You are allowed up to 18,000 miles per model year (lower mileage
  options are also available.)
 
•It can be written for virtually any make or model of car up to four
 

 
years old.
•The car is titled in your name.

 
•No security deposit is required.
 
•Typically, no down payment is required.
 
•No charge for extra wear and tear.
 
•You can terminate your loan without penalty simply by paying off the balance.
 
•The residual value of your vehicle is guaranteed by our insurance partners.
 
It's flexible right up to the end, too. Payment Shaver gives you four easy options:
 
•Sell the car, pay off the loan balance, and if there's a profit, keep it!
 
•Trade the car in and pay off the loan balance.
 
•Keep the car and refinance the amount owed; or,
 
•Return the car to the credit union and the balance will be paid off subject to charges for excess mileage and unrepaired damage covered by insurance.
 
To find out how you can get a Payment Shaver loan, e-mail us or contact the loan department.