Auto Loan Guide

A Guide to the Mutual Savings Auto Loan Process

The major auto manufacturers just released their new models at the recent Detroit Auto Show and they all look great. Do you know what features you want but aren’t sure how to make your next car a reality? Mutual Savings Credit Union’s auto loan process can help the first-time car buyer or the growing family looking to upgrade to a larger vehicle. Here’s a complete look at each step.

GET PRE-APPROVED
It’s easy to get ahead of yourself when shopping for a new car, truck or SUV. One of the most important initial steps you can make in the auto loan process is getting pre-approved. By doing this, you have a clear idea about how much you can afford. To get pre-approved, just visit your nearest MSCU branch or speak with a lender by calling (800) 950-6728.

APPLY FOR YOUR LOAN
Mutual Savings Credit Union has three convenient ways to apply for your auto loan.

  • By phone – dial (800) 950-6728 and press 3 to speak with a Mutual Savings lender.
  • In the branch or on the lot – You can start your application at your MSCU branch or benefit from MSCU’s relationships with dealers in your area. Ask your auto dealer if they are an indirect lender for Mutual Savings and you could possibly start your applications without leaving the lot!
  • Online – take advantage of MSCU’s free online loan applications to submit your loan request 24-hours a day. You can even use the mobile version to start your application on the go with your tablet or smartphone.

START YOUR SEARCH
After you’ve gotten pre-approved, it’s time to start your search – try visiting the Mutual Savings Auto Center. Your pre-approved borrowing amount gives you added leverage when negotiating the sales price of your new vehicle.

We hope this guide to the Mutual Savings Credit Union auto loan process has been helpful as you consider your next vehicle purchase.