Orange County Credit Union Rates and Advice

Orange County Credit Union rates and loan terms vary a lot. The significant interest rate spreads can cost you a lot of money. We therefore compared the rates of different Credit Unions to highlight savings potential and created our Orange County Credit Union calculator.

You can fill out the Credit Union Contact Request form below and we’ll help save thousands of dollars by putting you in touch with the best Credit Union in Orange County.

Orange County Credit Union rates

Our Credit Union rate comparison tool compares the highest and lowest rate Orange County Credit Unions offer based on FICO scores. The calculator allows you to adjust loan term, vehicle age, vehicle mileage range and optionally financing amount. Press on submit to update the table below:

Term of loan (months)
Vehicle year
Vehicle mileage
Amount financed (optional)
Orange County
FICO Low High Savings
610 9.24% 14.49% $2,383
630 5.74% 9.24% $1,497
650 4.24% 8.49% $1,788
670 3.49% 6.89% $1,406
690 3.24% 4.24% $405
710 2.99% 4.24% $505
730 2.49% 4.24% $704
750 2.39% 3.18% $315
770 2.39% 3.18% $315
790 2.39% 3.18% $315
810 2.39% 3.18% $315

 

Savings potential for a customer with a 690 credit score

In Orange County we find that a customer with a credit score of 690, who’s looking for a 60 months loan for his 2014 model year car with 15,000 miles, can save $405 by choosing the right Credit Union. The interest rates range from 3.24% to 4.24%.

Savings potential for a customer with a 610 credit score

The saving potential is even bigger if the customer has slightly challenged credit, e.g. a FICO of 610. In this case, the interest rates range from 9.24% to 14.49%, which translates into a saving potential of $2,383 over the course of 60 month – believe it or not!

You may be asking yourself: what does that mean for me?

What does that mean for me?

The interests of car dealers and consumers are misaligned (duh!). You can read this post to learn why you should never get your car loan at the dealership. Should you be in the market for a new / pre-owned car, we recommend focussing on getting the best deal on the car first.

Once you’ve found the right car, the dealer will introduce you to his financing manager. However, the financing manager’s salary is not paid by the car. The financing manager’s salary is to a large degree commission-based. He makes his commission by selling high-margin financing and insurance products.

The best loan for the consumer is therefore not (always) the best loan for the dealer. In fact, the loan that pays the dealer the highest referral fee may well be the worst loan for the consumer. Fortunately, you now know better and can either go to the dealership with a pre-approved Orange County Credit Union loan or just take the loan the dealer suggests and refinance with a Orange County Credit Union.

You may now be asking yourself: which Credit Union in Orange County gives me the best rate?

Orange County Credit Union calculator

Our Orange County Credit Union calculator creates a list of Credit Unions which may be good choices in your next car purchase. The calculator allows you to adjust FICO, loan term, vehicle age, vehicle mileage range and optionally financing amount. Press on submit to update the table below:

FICO
Term of loan (months)
Vehicle year
Vehicle mileage
Amount financed (optional)
CU Rate Term Monthly
Orange … 3.24% 60 $271
CommonW… 3.24% 60 $271
San Die… 3.39% 60 $272
America… 3.49% 60 $273
USC CU 3.49% 60 $273
NuVisio… 3.80% 60 $275
Golden … 3.99% 60 $276
Unify F… 4.24% 60 $278

 

As of today, CommonWealth Center Credit Union provides the lowest rate of 3.24% vs. Unify Financial Credit Union with a rate of 4.24% for a consumer who has a FICO of 690, who’s looking for a 60 months loan for his 2014 model year car with 15,000 miles.

The monthly payment of the loan with 3.24% would be $271, i.e. you’d be saving $7 per month compared to the 4.24% loan.

Which Credit Unions serve Orange County?

The charters of Credit Unions vary both with regard to loan terms (see above) as well as membership eligibility. We researched the following three main resources to get an as good as possible understanding of the respective charters of the Orange County Credit Unions:

Unfortunately, not all the Orange County Credit Unions publish their rate-sheets. Therefore, we couldn’t include all of them in our Orange County Credit Union calculator, yet.

We’re continuously adding Credit Unions to our database and currently have included interest rate information and membership eligibility criteria on the following ones:

How to get the best auto loan rate in Orange County?

We’ve been helping hundreds of customers like you get in touch with the best Credit Union. Fill out the Credit Union Contact Request form below and we’ll help save thousands of dollars by putting you in touch with the best Credit Union in Orange County.





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