Colfax Power Plant offers members very affordable rates on Auto and Personal Loans. As with all loans, the APR (Annual Percentage Rate) is subject to change without notice.*
Please call the Colfax Power Plant office at 724-274-6666 for the very latest information.
- Download the Auto Loan Application Here.
- New Vehicles: 2.99% for up to 72 months if over $15,000.00.
- New Vehicles: 2.99% for up to 60 months for vehicles that are less than $15,000.00
- Used vehicles: All Model Years – 3.99% APR. same stipulations. Can also be financed for up to 72 months if over $15,000.
- (Vehicle rates are set until June 29th 2017. (Promotion)
GAP Insurance – GAP Insurance is available as a member pay option.
What it is: If your car is totaled or stolen, gap insurance covers the difference between what your auto is worth (based on current market value) and up to 125% of the amount you still owe on your loan.
- Download the Personal Loan Application Here.
- Personal: 9.75% up to $7,500.00 for 60 months.
- Special: 9.00% – up to $3,000.00 for 36 months. Maximum of three (3) per member.
- Promotional: 5.00% – up to $5,000.00 for 48 months.
- Open-End Line of Credit Loans: 11% APR*.
- Full 100% Share Secured Loans – 1.99% APR*. Maximum Term: 120 months.
- The maximum unsecured loan amounts to each member will be limited to $25,000.00.
- The maximum of all loans to each member secured and unsecured will be limited to $75,000.00.
- Multiple Loans to those that qualify. You must have $200.00 in Shares for each loan.
- Loan protection insurance is available as a Member Pay Option.
- Credit Disability Insurance is available as a Member Pay Option.