1st Time Buyer Vehicle Loans*

Vehicle loans are great way for people to establish and build their credit or, a way for our members to rebuild their credit.

Unlike the dealers, banks or finance companies, we do not penalize our members for their lack of credit history with sky high interest rates and mandatory co-borrowers. Our 1st Time Buyers or Credit Builders will get the same great, low fixed rate a member with established credit would get, which is the credit union way.

Parsons Federal Credit Union only requires that you are at least 18 years of age, have a valid driver's license and that you have been employed for at least 12 months. To further ensure that our members do not "get in over their heads", the maximum loan amount for a 1st Time Buyer Vehicle loan is $20,000 and the required down payment could be as low as 5%*.

Click here for current Vehicle Loan Rates

Why finance with PFCU? - click here for the answer.

BALANCE Financial Fitness

Parsons Federal Credit Union is pleased to announce our partnership with BALANCE. BALANCE offers free, personal and confidential financial counseling and planning services to members of PFCU. Whether you are looking to get out of debt, improve your credit or, plan for your future, BALANCE can help! Call 888-456-2227, or click on the BALANCE icon below.

How much will my auto payment be?

Our Online Loan Application is currently under re-construction to better serve our members. Please click on the Apply for a Loan button below for our printable Loan Application.