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Loans > Teacher Loans > Get More Dough for the holidays! 

Get More Dough for the holidays!

UPDATE:  This special rate is now 4.99% APR!1

Apply today and get the deal of the season!

If you’re in the market for a new auto or want a better rate on your existing auto loan (model years 2006-2009), bring it to MCT Federal Credit Union and we’ll finance it at a rate as low as 4.99% APR1.  Plus, we’ll give you a 1% cash rebate of the amount re-financed with MCT.2 This special deal is exclusive to MCPS employees.

 

See how much you can save!

 Amount  Monthly Payment*  1% Rebate2
 $15,000  $286  $150
 $20,000  $381  $200
 $25,000  $476  $250

*Sample payments based on a rate of 5.34% APR1 for 60-months.

 

Limited time offer!

Hurry, this special deal ends December 31, 2008.3

 

Get more dough today!

To take advantage of this offer, you must apply online or call 301.948.9880 and mention the special promotion code MCPSABB.4 When you call, please have the following items handy: vehicle mileage, vehicle identification number (VIN), current payoff information, and a copy of your two most recent paystubs.

 

While your application is being processed, check out our other great products for educators to include Summer Paycheck Savings and Preferred Teacher Loans. 

We look forward to giving you some extra dough this holiday season!

 

  

1 Special rate is only available for new autos or autos financed by another financial institution and limited to the past four model years (2006-2009). Annual percentage rate (APR) is based on an evaluation of the applicant’s credit.  Your actual rate may vary. No other promotional offers may be applied to this offer, including the Scholar Series.  Financing amount is subject to NADA value.  GAP insurance and credit life and disability life can be added on to the loan. 2 1% cash rebate is limited to loans refinanced with MCT from another financial institution.  The rebate is based on the amount refinanced with MCT and is limited up to $300.  In order to qualify, the loan payment must be set up to be paid through direct pay (funds from your Direct Deposit are automatically applied toward your loan each pay period) for the life of the loan and the first payroll paid payment must be made within the first 60 days of getting the loan.   The rebate will automatically be deposited into your MCT Savings Account when your first payroll paid payment is made.  3 Promotion runs from November 13 through December 31, 2008, or until MCT has reached $5 million in new loans through this campaign, whichever comes first.  4 To qualify, you must apply for the loan online at mctfcu.org or call MCT at 301.948.9880 and provide the promotion code MCPSABB; an MCPS employee must be the primary or joint member on the loan. Existing MCT vehicle loans do not qualify.


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