Auto Loan Rates at South Central Bank

Illinois bank, South Central Bank has been in business since 1966 serving the consumers of Illinois and the surrounding area.  South Central Bank offers a variety of loan and deposit products including auto loans for business purchases and consumers. 

South Central Bank provides auto financing for new personal auto vehicle for established individual with FICO credit scores of 720 or higher.  Auto loans at South Central Bank also require an investment of a 10 percent down payment for new car loans.  The bank car loans are limited to current year models, and must be purchased from an established new car dealer in the Chicago metropolitan area.

South Central Bank is offering the following auto loan rates and terms:

Car loans with terms of 12 to 24 months have an auto loan rate of 6.99%
Car loan terms of 25 to 36 months have an auto loan rate of 7.25%
Loans with terms between 37 to 48 months have an interest rate of 7.75%
Auto loans of 49 to 60 months have a car loan rate of 7.99%

Auto loan rates are subject to change and loan approval is required to obtain these car loan rates.  All car loan rate offerings are subject to the bank’s credit approval, car loan financing may not be available for certain vehicles, and all quotations are subject to change at the bank’s sole discretion.  For information regarding car loan approvals and timely car loan rates, call a South Central Bank representative at 312.421.7100.  South Central Bank also posts car loan information including car loan rates on their website located at www.banksouthcentral.com.

South Central Bank will also finance business autos and other business vehicles.   South Central Bank is also one of the leading home improvement lenders in the Midwest and the bank was one of the first Small Business Administration Preferred Lenders.

To view bank CD rates from South Central Bank visit www.selectcdrates.com.

Tags: auto financing, auto loan, auto loan rates, bank, bank car loans, Car loan, car loan rates, interest rate, new car loans

This entry was posted on Sunday, September 20th, 2009 at 12:16 pm and is filed under Car Loan Rates and Car Loan Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.