Auto Loans in Ohio
Your New Ride is Within Reach
Whether you’re shopping for a brand-new ride, searching for a reliable pre-owned vehicle, or looking to refinance your existing auto loan at a more competitive rate, OHecu puts you in control. Our auto loans are designed with members in mind, offering affordable options, helpful protections, and a smooth, stress-free financing experience from start to finish.
With great rates, flexible repayment terms, and convenient online pre-approvals, you can spend less time negotiating at the dealership and more time enjoying the open road. Plus, our knowledgeable lending team is here to guide you every step of the way.
Get started below or contact our Member Service Center at 800-552-6328 for personalized assistance.
Why finance your vehicle with OHecu?
- Competitive Rates & Flexible Terms: Enjoy low interest rates and various repayment options tailored to fit your budget and financial goals.
- No Down Payment Options: Qualified borrowers can drive away without needing to put money down, keeping upfront costs low.
- Quick & Easy Online Pre-Approvals: Apply anytime, from anywhere, and take your approval to the dealership with confidence.
- 24/7 Account Access: Manage your loan, make payments, and view your balance anytime through Online & Mobile Banking.
- Optional GAP Coverage: Protect yourself from unexpected expenses if your vehicle is ever totaled or stolen. Our Guaranteed Asset Protection (GAP) coverage helps bridge the gap between what insurance pays and what you owe on your loan. Learn more.
Ready to roll? Let us help you finance your journey with convenient, member-focused solutions built for life on the go.
What types of auto loans does OHecu offer?
OHecu offers auto loans for new and used vehicles, as well as refinancing options for existing auto loans held with other financial institutions.
Can I get pre-approved for an OHecu auto loan?
Yes. OHecu offers online auto loan pre-approvals, allowing you to explore your financing options and know your potential budget before shopping for a vehicle.
Can I refinance my current auto loan with OHecu?
Yes. Eligible borrowers can refinance an existing auto loan from another bank or credit union. Refinancing may help you obtain different loan terms or potentially lower your interest rate, depending on your qualifications.
What credit score do I need for an OHecu auto loan?
OHecu considers your credit history when determining your auto loan terms and APR. The lowest advertised rate is available to qualifying borrowers who meet the applicable credit and other requirements. Not all applicants will qualify for the lowest advertised rate.
Do I need a down payment for an OHecu auto loan?
A down payment is not always required. OHecu offers no-down-payment options to qualified borrowers, although eligibility and loan terms vary based on individual circumstances.
Does OHecu offer auto loans for recent college graduates?
Yes. OHecu offers a College Graduate Auto Program designed for recent graduates who may have limited or no established credit history. Applicants must meet the program's eligibility and underwriting requirements.
Does OHecu offer GAP coverage with auto loans?
Yes. Optional Guaranteed Asset Protection (GAP) coverage is available with OHecu auto loans. GAP coverage can help cover the difference between an insurance settlement and the remaining balance on a qualifying auto loan after a covered vehicle is totaled or stolen.
How do I apply for an OHecu auto loan?
You can apply for an OHecu auto loan online, in-branch, or by contacting our Member Service Center. Membership eligibility requirements apply.
*APR = Annual Percentage Rate. Rates are based on an evaluation of credit history. Not all applicants will qualify. The APR, term, and payment amount you may qualify for will depend on your creditworthiness. The 5.18% APR is available to members with a minimum credit score of 740 and an automated payment setup from an OHecu account. If for any reason, the automated payment is terminated, either voluntarily or by OHecu, the interest rate will increase by 0.25% for the remainder of the loan term. The monthly payment will remain the same and the loan term will automatically extend. A sample monthly payment for a $40,000 loan amount at a rate of 4.99% (5.18% APR) is approximately $647.63 per month for a 72-month term. All rates, offers, and promotions are subject to change without notice. All loans subject to credit approval. Other conditions may apply.
