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College Graduate Car Loan Program
Buying a car as a recent graduate can feel both exciting and daunting. We're here to help simplify the process.
Designed for recent grads, this program offers lower rates and flexible terms to help you build a strong financial foundation from day one. And you won't do it alone; we're here to support you from application to payoff.
Benefits of Our College Graduate Car Loan Program
Everything You Need to Know Abbout The College Graduate Car Loan Program
Congratulations on your achievement! You’ve worked hard for that diploma; now, let us smooth the way forward. Our College Graduate Car Loan Program offers competitive rates and flexible terms designed specifically to help recent graduates drive off in their first car with confidence.

-Low Rates:
Competitive pricing on both new and used vehicles.
-Zero Down: No down payment required for qualified graduates.
-Extended Terms: Flexible repayment options for up to 84 months.
-High Loan Limits: Financing available for up to $25,000.
-Seamless Experience: A quick and easy online application process.

You worked hard to earn that diploma. Let us smooth the way forward with special financing on your first set of wheels.


How to Qualify for the College Graduate Car Loan Program
To qualify for this exclusive program, you must meet the following criteria:
  • Graduation Status: Proof of graduation within the last 24 months.
  • Employment: Current proof of income or proof of employment from HR.
  • Identification: A valid driver's license and U.S. citizenship or Permanent Residency.
  • Age: Must be at least 19 years old.
  • References: Three personal references provided at the time of application.
  • Apply Now
    College Graduate Car Loan Rates
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    What Our Members Have to Say.
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    “Great credit union. Excellent customer service and rates are very competitive. Very friendly staff, highly recommend.”
    Christopher M. – Birmingham, Alabama
    Our Simple Application Process
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    1st Time Car Buyer FAQs
    What support does Legacy Credit Union offer for first-time car buyers?

    We provide streamlined loan approval, great rates, flexible loan terms, and continuous support. We aim to make your first car-buying experience uncomplicated and enjoyable.

    Can I get a car loan if I have no credit history?

    Yes, it’s possible to get a car loan with no credit history. We offer support and flexible loan terms to help you get started on your car-owning journey.

    Why is a down payment important?

    A down payment reduces the amount you need to borrow. This lowers your monthly payments and the total interest paid over the life of the loan.

    What does “loan term” mean, and how does it affect my loan?

    The loan term is the period of time during which you will repay the loan. Shorter terms mean higher monthly payments but lower total costs. Longer terms have lower monthly payments but higher total costs.

    How do interest rates affect my car loan?

    Interest rates directly influence the overall cost of your car loan. Lower rates mean less money paid over the lifetime of the loan. Our fantastic rates make your first car purchase financially manageable.

    What should first-time car buyers in Birmingham, AL, consider?

    Examine the interest rates, loan terms, and your budget when applying for your first car loan. These elements will affect your monthly payments and the total cost of the loan.

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    *The interest rate, annual percentage rate (APR), origination fees, discount points and closing costs are subject to change without notice. ***Your APR will vary based on your final loan amount, credit history, loan to value, margin, and finance charges.

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