Used Vehicle Loans


Remove all guessing when it comes to the vehicle you’ve been dreaming of, apply for a loan today and smile with us this Christmas.  Here at UECUL, we are not driven by high profits, so we will offer you very competitive and amazing loan rates.

Duration: Used: 5 Years

Requirements for Qualification of Loans:

  • Two Forms of Identification
  • Two References (Not Living at Same Address; preferably ONE family member and friend)
  • Proof of Address (No older than 3 months; Utility Bill, Bank Statement or a SIGNED LETTER from co-habitant, along with their utility bill and a copy of their IDENTIFICATION)
  • Job Letter – Respective person detailing income and deductions or most recent salary slip (2 months or 4 weeks)
    NOTE: First time applicants should provide both

Information Required Before Approval

  • Letter of certification of ownership from vendor
  • Confirmation of sale price
  • Roadworthy Certificate & Valuation Report
  • Quotation/Confirmation of comprehensive coverage

Key Product Information

Interest charging information Interest rate fixed for the life of the loan
Repayment information You can repay your loan by payroll deduction or visit our office to make a payment
Repayment period The maximum loan term is 5 ½ years and must be repaid by your 70th birthday.
Amount of loan available You can borrow up to $95,000 maximum
Application/ Arrangement Fee No application or arrangement fees apply.
Default Fees None
Loan Protection Loan protected up to $65,000
Early settlement You can repay the loan at any time fully or partially without charge

All loans are subject to affordability and our lending criteria.

Apply Now


    Book Appointment