Established in 1935, Jax Federal Credit Union (JAXFCU) has built a reputation for providing the residents of Northeastern Florida outstanding banking options. With over 30,000 members, Jax Federal is devoted to providing consumers the absolute best in banking, savings and loan lending. Since this is a credit union, consumers enjoy services geared not toward satisfying board members, like in traditional banks, but to satisfy its members.
Auto Loans from Jax FCU
Unlike traditional banking systems, which offer complex and highly regulated lending qualifications, Jax FCU strives to educate and simplify the lending process. This is made evident by its flexible terms. Most new and used car auto loans qualify for much lower rates than the national average, as well as extended loan terms. While the average auto loan lender delivers up to 72-months in financing terms, Jax Federal offers extended terms up to 84-months, which is ideal for those looking for lower monthly payments.
Gaining loan approval is as simple as filling out a quick form. Credit union members may fill out their loan application online, in-person at one of their nine locations found throughout Jacksonville or by calling their membership line at 904-475-8000.
Once you’ve been pre-approved, receive an Express Draft, which showcases your approval amount, within 60-minutes of being approved. You may then use this Express Draft as a means of negotiating final car asking price.
Regardless of your loan amount, Jax Federal offers a variety of payment options designed to simplify repayment without damaging your current budget. Unlike traditional auto loans, loans delivered by Jax FCU feature no early payment penalties and fees, which makes sense. Why be punished to pay off your auto loan?
Streamlining the Car Buying Process
Many consumers find the car buying process to be confusing. Especially when it comes to selecting a dealer that works with your loan lender. Jax Federal Credit Union provides its members with a list of active and approved dealers, which streamline the car buying process. Moreover, if you’re selling or trading your current vehicle, JAXFCU can provide you with current NADA, Kelly Blue Book or Black Book values for your vehicle; regardless of its year or condition.
If you’re interested in simplifying this oftentimes complex process, contact Jax Federal Credit Union via mail at:
Jax Federal Credit Union
P.O. Box 2357
Jacksonville, FL 32232-0011