Digital Federal Credit Union auto loans review: Same rates for both its new- and used-car loans

Man driving his car, a thoughtful expression on his faceImage: Man driving his car, a thoughtful expression on his face
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What you need to know about DCU auto loans

Digital Federal Credit Union, or DCU, is headquartered in Marlborough, Massachusetts, with branches in Massachusetts and New Hampshire. But the credit union serves members in all 50 states through its mobile banking app and shared branch locations. If you’re trying to decide whether a DCU auto loan is right for you, here are a few things to consider.

Is a DCU auto loan right for you?

With a wide range of auto loans to choose from, DCU might be a good option if you’re an existing DCU member — or are eligible to become one — and qualify for one or both of the credit union’s rate discounts.

If you’re in the early phases of car-buying and just want a sense of the loan rate and terms you might qualify for, you may want to consider other lenders that offer the ability to apply for prequalification.

And if you’re not eligible to become a DCU member, you’ll need to look elsewhere for financing.


About the author: Jennifer Brozic is a freelance financial services writer with a bachelor’s degree in journalism from the University of Maryland and a master’s degree in communication management from Towson University. She’s committed… Read more.