What We Offer
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Low rates with simple interest calculation and no prepayment penalty fees
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Simple application process – Talk to an EPIC Call Center Rep at (504) 454‑8224 during normal business hours, Monday through Friday
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Flexible terms – up to 84 months on autos and up to 120 months on recreational vehicles (certain restrictions apply)
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Up to 100% financing for qualified borrowers
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Pre-approval – get the term and payment schedule that benefits your budget—not the dealership’s sales quota!
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Credit Life & Credit Disability Insurance
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Guaranteed Asset Protection (GAP) Insurance
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Mechanical Repair Coverage
*Finance terms up to 84 months available. Member must submit a diploma received within the last 12 months & current pay stub. 10% cash down required. GAP and warranty available for financing. Credit qualifications apply. Federally insured by the National Credit Union Administration.
ReFINANCE to ReFRESH your Vehicle Loan with Another Lender
- Bring your existing vehicle loans to EPIC and save.
- Qualified borrowers may receive lower rates, which means more money in your pocket!
Exclusive Offer “Making the Grade” College Graduate Vehicle Auto Loan
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Member must submit a diploma received within the last 12 months and a current pay stub
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10% cash down required
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Qualifies for the lowest advertised interest rate
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Financing available for up to 84 months
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GAP and warranty available for financing
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Credit qualifications apply
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Use the convenience of Home Banking and Mobile Banking to make your loan payments online
Member Auto Center
Visit the Member Auto Center for everything you need to know before buying a vehicle!
- Better Prices
- Less Hassle
- Helpful Dealers
- FREE Quotes
Our Reliable Wheels Program
For members with credit scores under 600 and limited income as defined by the U.S. Department of Health & Human Services.
Goal to lend during the grant period:
- $1.6 Million
Target Market:
- Members with credit scores <600 and or limited income
Purpose of the Program:
- To reduce the number of subprime loans and predatory auto loans made to consumers in the target market area.
- To allow access to financing that might not otherwise be available to members for the purchase of reliable transportation.
- To assist member in establishing financial stability and positive credit history.
- To provide members with tools and information needed to support responsible auto ownership and maintenance.
Qualifications
- Be a member in good standing with EPIC Federal Credit Union. – no outstanding charge off balance owed to EPIC Federal Credit Union, including current negative account balance.
- No repossessions in last 12 months.
- Must be at least 18 years of age.
- Must have a current valid driver’s license.
- Must be on current job for a minimum of 6 months to be on the loan or be a co-signer on the loan.
- Must be able to provide income verification for all members on the loan.
- Must have gross monthly income of at least $1,000.
- Member must complete GreenPath Financial Wellness to create a budget and demonstrate appropriate disposable income to make monthly payments in addition to living expenses. If member has gone through financial counseling with another service provider, this is fine, but we will need the certificate of completion – OR –
Member must enroll in the EPIC Financial Counseling Program within 6 months of obtaining the loan. - Must provide proof of full insurance coverage.
- DD and PRD are strongly encouraged.
- Member must agree to maintain on time monthly payments.
- Member must agree to maintain the vehicle throughout the life of the loan.
- Member must agree to contact EPIC Federal Credit Union accounts receivables department for any lapse in employment, or inability to make timely payment.
Guidelines:
- Exhibit the ability to repay the loan
- DTI not to exceed 45%
- PTI not to exceed 20%
- Vehicle amount not to exceed $15,000
- Mileage not to exceed 150K
- Max term not to exceed 60 months
- Vehicle not to exceed 10 years old
- Max LTV not to exceed 120%
- Rate not to exceed 18%
HHS Poverty Guidelines for 2020
The 2020 poverty guidelines are in effect as of January 15, 2020.
The Federal Register notice for the 2020 Poverty Guidelines was published January 17, 2020.
| 2020 Poverty Guidelines for the 48 Contiguous States and the District of Columbia | |
|---|---|
| Persons in Family/Household | Poverty Guideline |
| 1 | $12,760 |
| 2 | $17,240 |
| 3 | $21,720 |
| 4 | $26,200 |
| 5 | $30,680 |
| 6 | $35,160 |
| 7 | $39,640 |
| 8 | $44,120 |
| For families/households with more than 8 persons, add $4,480 for each additional person. | |
Enterprise Car Sales
Experience the Enterprise difference, including no-haggle pricing, certified vehicles and limited warranties. Borrow from EPIC and buy from Enterprise Car Sales.
Click here to get pre-approved today!
Find a reliable used vehicle that’s been put to the test! EPIC has teamed with Enterprise Car Sales to get you the best value in pre-owned vehicles. Visit them today and tell them EPIC sent you!
Search over 6,000 vehicles nationwide by clicking here.
Borrow from EPIC and buy from Enterprise Car Sales!
Every puchase includes:
- Haggle-Free Pricing
- 12 mo / 12,000 Mile Limited Powertrain Warranty
- Vehicle Certification
- 12 mo Roadside Assistance provided by American Automobile Associaion (AAA)
- Free Carfax® Report
- 7 Day Repurchase Agreement
Now through December 31, 2025, Receive 1% off the lowest qualifying rate* upon used vehicle purchase from Enterprise Car Sales.
Ready to buy? Get pre-approved first.
*APR=Annual Percentage Rate. 1.00% off lowest qualifying rate. Rate cannot be lower than 5.75% for up to 72 months. Lowest qualifying rate will vary and is based on credit worthiness and terms. Financing for qualified EPIC Federal Credit Union members. Loan example: $1,000 borrowed at 5.75% APR for 12 months: estimated monthly payments of $85.95. Offer valid only on Enterprise Car Sales vehicles purchased 1/1/25 – 12/31/25. Cannot be combined with any other offers. One-time $35.00 processing fee will be assessed upon funding.