First Time Auto Loan Program


Picture of Mini Cooper with Racing Flag - First Time Auto Buying Program - No Credit - No Co-Signer - No Problem. Low Rates – Affordable Payments – Fast Approvals.
We help first time auto buyers with little or no credit get a very competitive interest rate on their first auto loan. We’ll ensure your payments are affordable and help you establish a positive credit history along the way. Our loan specialists will make getting your auto loan quick, easy, and hassle-free.
First Time Auto Buying Features:

  • 5.24% APR* (up to 60 months)
  • Flexible terms of 36, 48 and 60 months
  • Loans Available for New and Used autos (Financing available for vehicles up to 10 years old)
  • Maximum Loan Amount is $20,000


Are you ready to get into your dream vehicle today?
Get started today and experience PFCU’s First Time Auto Buying Program
Apply Now
Image of happy young couple leaning on their automobile. If you live, work, worship, or go to school in Morris County, you are eligible to enjoy all the benefits of Picatinny Federal Credit Union!

Federally insured by NCUA.*APR=Annual Percentage Rate. New or used vehicle loan, 5.24% APR for 60 months, $18.88 per $1,000 borrowed. The rates and terms of the offer are subject to change at any time.  Program underwriting guidelines must be met for loan approval.  New members must open a savings account with a minimum deposit of $5 to qualify for membership and loan rates. Contact the credit union for more details.