Finty
Warwick Credit Union

Warwick Credit Union Auto Loans

Fixed or Variable rate

A personal loan from Warwick Credit Union, with rates from 11.75% a year.

Written byDavid Boyd
Interest rate a year, from
11.75%
Comparison rate, from
12.75%
Establishment fee
$150
Monthly fee
Not published
Borrow
$4,000 to $50,000

Monthly repayment

$20,000 over 3 years

Apply now

What it would cost

At the lowest published rate of 11.75%. The rate you are offered depends on your circumstances, and the establishment fee is not included.

Monthly repayment
$662
Total repayments
$23,828
Interest
$3,828

Loan details

Rates

Interest rate (a year)
11.75%–13.75%
Comparison rate (a year)
12.75%
Rate type
Fixed or Variable
Security
Not published

Limits and fees

Loan amount
$4,000 to $50,000
Loan term
Up to 3 years
Establishment fee
$150
Monthly fee
Not published

How it compares

Against the other car loans we compare. Typical means the middle half of them.

Comparison rate

12.75%

From 12.75%. A typical loan starts at 9.35%.

Setup fee

$150

A typical setup fee is $520.

Most you can borrow

$50,000

Typically you can borrow up to $95,000.

Longest term

3 years

5 years is the usual longest term.

Pros and cons

Pros

  • No early repayment fee listed. You can pay the loan off early, or refinance, without a penalty. Check the terms to be sure.

Cons

  • A higher starting rate. Its comparison rate starts at 12.75%, above the typical 9.35%, so it's likely to cost more than most similar loans unless you're offered less.
  • Your rate isn't known until you apply. It's set by your credit history and finances, anywhere from 11.75% to 13.75%, and only some people get the starting rate.

Similar loans

Personal loans from other lenders that start at a similar comparison rate.