Auto Loan

Get an auto loan that puts you in the driver’s seat. Tower has great rates on loans with flexible terms that’ll get you in your dream car with payments you can afford. Our loan application is fast and we’ll also help you when you’re ready to head to the dealership. Fast, easy pre-approvals. Take advantage of the Tower Car Buying Service, Powered by TRUECar® for easier car buying, with more transparency and less stress and anxiety

Car Loans Features

  • Apply By Phone

    1-800-787-8328

  • Annual Interest Rate

    1.99%

  • Cash Back

    No

  • Downpayment Required

    No

  • Instant Approval

    Yes

  • Pre Approval

    Yes

  • Skip Payments

    No

  • Defer Payments

    No

  • Loan Type

    Dealer - New Car

Car Loans FAQ

What is included in a car loan payment?

There are two basic parts to the total cost of car loan payments: principal and interest. The principal is the negotiated cost of the vehicle itself.
The interest is the total amount of the costs accrued over the life of the loan based on the principal amount and the stated interest rate.

What is APR?

What is a down payment?

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Service Info

Tower Federal Credit Union

Verified within the past week

Headquartered in Laurel, Md., Tower Federal Credit Union provides a full array of financial products and services and serves over 160,000 members worldwide.

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