Freedom to Go Anywhere

Need a loan for a new car, RV, boat or motorcycle? Apply with OU Credit Union, and receive a decision in as little as 10 minutes. We make the process stress-free and affordable for members across the country by offering flexible terms and rates that fit your budget.

Ready to apply?
Applications can be reviewed, and you could receive a preapproval in as little as 10 minutes when applying by:

• Phone
• Visiting one of our branch locations

Alternatively, you may also apply online by logging into your account via ComputerLine and selecting "Apply for a Loan". We review these applications in the order they are received, typically within 1-2 business days.

Drive Confidently with Guaranteed Asset Protecton (GAP)

Protect your ride and your wallet with OU Credit Union's GAP coverage. In the event that a vehicle is deemed a total loss due to accident or theft, Guaranteed Asset Protection (GAP) helps cover the gap between what your insurance company will pay you and your current loan balance. Contact us today to add GAP to your vehicle loan.

Download GAP flyer

New and Used Auto Loan

Whether you're looking for a new or used car, our auto loan offers a low rate, and flexible terms up to 84 months.

Auto Refinance

Refinance your existing auto loan, which may help you lower your interest rate, decrease your monthly payment or pay off your car loan sooner.

Auto Lease

Would you like the flexibility to drive a new vehicle more often? Our lease option offers no application fees, terms up to 60 months, and flexible mileage options starting at 7,500.

RV Loan

Whether you're looking for a new or used motorhome, 5th wheel, travel trailer, or a camper we have a recreational vehicle loan to get you on the open road.

Motorcycle/Motorsport Loan

Our Motorcycle and Motorsport Vehicle Loans can be used for motorcycles (less than 600cc), snowmobiles, ATVs, and more. We offer low rates, and flexible terms up to 84 months.

Boat Loan

Hit the open water with a new or used boat or refinance your existing boat loan. Our boat loan features a low rate, and flexible terms up to 180 months.

Vehicle Loan Resources

We're here for you throughout every step of your vehicle loan journey. Here are some additional resources to help.

Calculators FAQs Preferred Dealerships

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How do I apply for a vehicle loan?

Applications can be submitted online by logging into your account via ComputerLine and selecting "Apply for a Loan" or by logging into the Mobile App and selecting "Apply for a Credit Card or Loan". You are also welcome to contact us over the phone at 517-333-2424 or visit any OU Credit Union branch location.

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If I am approved, how do I pay the dealership?

Upon approval of an auto loan with OU Credit Union, and after receiving your signed MFLA form and any loan contingencies are met we will issue a cashier's check. Before issuing a cashier's check, we will ask for the following information:

• Vehicle identification number (VIN)
• Year, make, model and color of vehicle
• Current mileage
• Any additional special features the vehicle may have
• Dealership or seller's name and phone number

You will be able to provide the check to the dealership or private seller, for the purchase of your vehicle.

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How do I make payments to my loan?

There are several options available to make loan payments. We offer manual one time payments or automatic payments based on your preference, and you may pay from an internal OU Credit Union account or directly from another financial institution. Please note that if you have financed a vehicle through financing through the dealership prior to being a member, you will initially need to login to your new OU Credit Union account. Please reach out to a representative for assistance if needed.

Members can choose:

• Internal transfer from an OU Credit Union share using MoveMoney > Transfer Money in ComputerLine or the Mobile app. MoveMoney can also be used to schedule reoccurring payments from an OU Credit Union savings or checking account.
• Manual one-time payment from an external account which can be initially set up by going to MoveMoney > Manage Preferences > External Transfers/ACH Accounts
• Automatic recurring payments from another financial institution by completing an ACH Origination form which can be located on our website here
• Loan payment by mail.

Oakland University Credit Union
PO Box 4097
East Lansing, MI 48826-4097

For express mail, please send your payment to:
Oakland University Credit Union
3777 West Rd.
East Lansing, MI 48823

To find your loan payoff amount please contact us for assistance.

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What interest rate do I qualify for? / What interest rate can I get?

You can view our current interest rates here. The term of the loan, and your Experian Credit Score, will affect the interest rate that we will be able to offer. We would be happy to review a full application over the phone at 517-333-2424, by starting a chat with Fran, in an OU Credit Union Branch location, or you can apply online when logged into ComputerLine by selecting "Apply for a Loan".

View All FAQs

Auto Loan Payment Example: The monthly payment per $1,000 borrowed at 1.99% APR for a term of 36 months would require 36 monthly payments of $28.64 based on 30 days to first payment. Credit is subject to approval. Rates, terms, and conditions are subject to change at any time based on market conditions or other business factors.

Motorsport Vehicles Less Than 600cc
Loan Payment Example: The monthly payment per $1,000 borrowed at 2.99% APR for a term of 36 months with 70% Loan to Value (LTV) would require 36 monthly payments of $29.08 based on 30 days to first payment. Credit is subject to approval. Rates, terms, and conditions are subject to change at any time based on market conditions or other business factors.

Motorsport Vehicles Greater Than 600cc
Loan Payment Example: The monthly payment per $1,000 borrowed at 1.99% APR for a term of 36 months would require 36 monthly payments of $28.64 based on 30 days to first payment. Credit is subject to approval. Rates, terms, and conditions are subject to change at any time based on market conditions or other business factors.

Boat Loan
Loan Payment Example: The monthly payment per $1,000 borrowed at 3.99% APR for a term of 60 months would require 60 monthly payments of $18.41 based on 30 days to first payment. Credit is subject to approval. Rates, terms, and conditions are subject to change at any time based on market conditions or other business factors.

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