PHONE

787-474-5151

ROUTING NUMBER

221581696

Auto Loan — Financing for new and used vehicles

At Caribe Federal we make possible that you enjoy the auto you’re wishing for.

Auto Balloon

With our Auto Balloon service reduce your monthly payment by receiving 100% financing, the best interest rate and terms of up to 72 months. In addition, you will have several options of coverage and insurance.

Classic Car Loans 

New product designed for classic car fans. This special product will have the following conditions:

*Some restrictions apply. Subject to credit approval and other parameters established by CFCU. Your interest rate will be determined based on your credit history.

**A used car is considered any vehicle that has a market value of more than $10,000.00.

Frequently Asked Questions

Does Caribe Federal finance 100% of the value of a new car?

Yes, at Caribe Federal Credit Union, we finance up to 100% of the vehicle's value. For new cars, we offer terms of up to 84 months, while for used cars, terms are up to 72 months. We also offer the Auto Balloon product, which combines 100% financing, the best interest rates, and terms of up to 72 months to reduce your monthly payment. Approval is subject to your credit history.

Yes, at Caribe Federal we transfer and refinance loans from other financial institutions. This allows you to take advantage of our competitive interest rates and better payment terms. We also handle dealer sales and private sales between individuals. Contact us at 787-474-5151 to find out if your current loan qualifies for refinancing.

Yes. We offer used car loans with terms up to 72 months. We also have a special loan for classic cars, available for vehicles over 35 years old with a market value greater than $10,000.00. This loan covers up to 75% of the sale price or market value and has a financing term of up to 72 months.

In addition to vehicle financing, Caribe Federal offers insurance coverages and extended warranty financing as part of your auto loan. These options provide you with extra protection against unexpected events and give you greater peace of mind throughout the life of the loan. To learn more about each available coverage, you can visit your nearest branch or call us at 787-474-5151.