You took the rebate, now get a better rate!
- As low as 4.63% APR* for New Autos (2018 or newer)
- Up to 72 months
- Enroll in Direct Payment for automatic payment from your account each month
- Credit Life Insurance and Credit Disability Insurance available for purchase
- GAP Coverage also available for purchase
- See your payments and balance anytime using Online Banking
LorMet is Lorain County’s #1 Auto Lending Credit Union
*APR = Annual Percentage Rate. Vehicles 2018 or newer. Rates are based upon an individual’s credit score. Qualifying factors include, but are not limited to, vehicle mileage, negative equity allowances, amount, and condition. TransUnion FICO Auto Enhance Score of 740 or above is required for LorMet’s lowest possible rate. Vehicles currently financed with LorMet are excluded from this offer. The APR listed above includes a loan documentation fee and maximum term financing. Not all applicants will qualify for the lowest APR or maximum term. All loans are subject to underwriting policy and guidelines, credit verification and credit repayment history. Other rates and terms are available. Advertised APR and term is current as of January 2, 2019, and are subject to change without notice.
Loan Payment Example: For $25,000 borrowed at 4.63% APR for a term of 72 months, the monthly payment would be approximately $398.35. APR and payments may vary for other loan amounts and repayment terms.