Second Chance Auto Loan
Don't let past financial challenges hold you back any longer - take control of your journey with a Second Chance Auto Loan from AgFed. Refinance with us and save money!
With our Second Chance Auto Loan program, you can reduce your current auto loan rate by up to 2.00% APR!*
Refinancing allows you to reduce your interest rate and lower your monthly payment. You may even be able to pay off your vehicle sooner!
Requirements for the Second Chance Auto Loan Program:
- The vehicle must be model year 2018 or newer
- The offer does not apply to internal refinances
- Proof of current rate required
- The auto being refinanced must be current and not have any delinquency in the past 12 months
- Borrowers cannot currently be in the process of bankruptcy (Chapter 13 must be discharged)
- Borrowers must be employed full-time
- No repossessions
- Payoff not to exceed 125% of the retail value
Features:
Apply by phone at 888-451-5626, online or by visiting any branch.
*APR is Annual Percentage Rate. This offer does not apply to vehicle purchases or vehicles currently financed at AgFed. A rate discount of up to 2.00% will be applied based on the applicant's existing rate, not to go lower than the AgFed qualified rate. The applicant must be a member in good standing, with no negative shares, no AgFed charge-offs, no delinquent AgFed accounts or loans. No repossessions on applicants' credit report. The auto being refinanced must be current and not have any delinquency in the past 12 months. Borrowers cannot currently be in the process of bankruptcy (Chapter 13 must be discharged). Borrowers must be employed full-time. Vehicle must be year model 2018 or newer to qualify. Payoff is not to exceed 125% of the retail value. Certain restrictions and conditions may apply. AgFed reserves the right to terminate or amend this and other offers at any time without notice. This offer may not be combined with other offers.