Exclusive Offer for first-time auto buyers.
Get an amazing rate on your first auto loan and build your credit.*
- Rate starts at 9.99% APR with 3% APR discount for direct deposit and 2% APR discount for automatic payments.
- Terms up to 60 months.
- No co-borrower required.
- Available only to people with no credit score and six months of continuous employment.
*Subject to approval. APR = Annual Percentage Rate. Offer valid on new Purdue Federal auto loans up to $15,000 with terms up to 60 months. Rate starts at 9.99% APR with 3% APR discount for direct deposit and 2% APR discount for automatic payments for 2009 and new model years with terms up to 60 months. My Member Perks Rate Perk will apply. Typical repayment example for a loan of $15,000 at 9.99% APR is $XXX.XX for 60 months. Other terms, loan amounts and vehicle model years may require co-borrower. Rates subject to change.Valid only for people with no established credit score and a minimum six months continuous and verifiable employment. Restrictions may apply. Membership eligibility required.