Credit union · NCUA insured
Eddy Federal Credit Union Auto Loan Rates
Eddy Federal Credit Union auto loans start at 6.74% APR for a new vehicle and 7.74% for a used one. Rates checked October 22, 2026.
How Eddy Federal Credit Union’s auto loan rates compare
Compared with banks and credit unions near Carlsbad, NM, where Eddy Federal Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Eddy Federal Credit Union
6.74%APR
- Terms
- up to 60 months
New Vehicle: 2025-2024
Lowest rate
Artesia Credit Union
5.24%APR
- Terms
- 49–66 months
Eddy Federal Credit Union auto loan score
62
Auto loan score
Higher than 5% of U.S. banks and credit unions
By vehicle
- New vehicleNew6.74%
- Used vehicleUsed7.74%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Eddy Federal Credit Union ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the credit union’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
Classic: 2015 & Older
Cash out - average trade at term 60. Secured loans have a minimum term of 24 months. Rates based on creditworthiness and term of loan.
| Terms | APR | Conditions |
|---|---|---|
| up to 24 months | 9.74% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 24 months | 11.74% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 24 months | 15.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 36 months | 9.99% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 36 months | 11.99% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 36 months | 15.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 48 months | 10.24% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 48 months | 12.24% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 48 months | 15.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 60 months | 10.49% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 60 months | 12.74% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 60 months | 15.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 72 months | 10.99% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 72 months | 12.99% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
Sources (1)
- eddyfederalcu.com/loan-rates · captured Oct 15, 2026
Motorcycle / ATV New: 2025-2024 or Used: 2023 & Older
Cash out - average trade/rough trade at term 84. Secured will a minimum term of 24 months. Rates based on creditworthiness and term of loan. Loan document fee $75.00 Gap $799.00
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 8.74%–15.74% | Tier A to Tier D rates across credit scores 680+ down to 550. Tier A: 8.74%, Tier B: 9.74%, Tier C: 14.49%, Tier D: 15.74% |
| up to 48 months | 8.74%–15.74% | Tier A to Tier D rates across credit scores 680+ down to 550. Tier A: 8.74%, Tier B: 9.74%, Tier C: 14.49%, Tier D: 15.74% |
| up to 60 months | 9.25%–15.74% | Tier A to Tier D rates across credit scores 680+ down to 550. Tier A: 9.25%, Tier B: 10.25%, Tier C: 15.00%, Tier D: 15.74% |
| up to 72 months | 9.75%–15.74% | Tier A to Tier D rates across credit scores 680+ down to 550. Tier A: 9.75%, Tier B: 10.75%, Tier C: 15.25%, Tier D: 15.74% |
| up to 84 months | 10.00%–15.74% | Tier A to Tier D rates across credit scores 680+ down to 550. Tier A: 10.00%, Tier B: 11.00%, Tier C: 15.50%, Tier D: 15.74% |
Sources (1)
- eddyfederalcu.com/loan-rates · captured Oct 15, 2026
New Vehicle: 2025-2024
Cash out - average trade at term 60. Secured loans have a minimum term of 24 months. Rates based on creditworthiness and term of loan.
| Terms | APR | Conditions |
|---|---|---|
| up to 24 months | 5.74% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 24 months | 7.74% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 24 months | 13.49% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 24 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 36 months | 5.99% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 36 months | 7.99% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 36 months | 13.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 36 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 48 months | 6.24% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 48 months | 8.24% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 48 months | 13.99% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 48 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 60 months | 6.74% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 60 months | 8.74% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 60 months | 14.49% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 60 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 72 months | 6.99% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 72 months | 8.99% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 72 months | 14.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 72 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 84 months | 7.49% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 84 months | 9.49% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 84 months | 14.99% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 84 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
Sources (1)
- eddyfederalcu.com/loan-rates · captured Oct 15, 2026
Used Vehicle: 2023-2016
Cash out - average trade/rough trade at terms 60, 70 and 84. Secured loans have a minimum term of 24 months. Rates based on creditworthiness and term of loan.
| Terms | APR | Conditions |
|---|---|---|
| up to 24 months | 6.74% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 24 months | 8.74% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 24 months | 14.49% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 24 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 36 months | 6.99% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 36 months | 8.99% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 36 months | 14.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 36 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 48 months | 7.24% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 48 months | 9.24% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 48 months | 14.99% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 48 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 60 months | 7.74% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 60 months | 9.99% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 60 months | 15.49% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 60 months | 15.74% | Tier D (Credit Score: 600-550, Max Debt to Income: 40%, Max Loan to Value: 100%) |
| up to 72 months | 7.99% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 72 months | 10.24% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 72 months | 15.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
| up to 84 months | 8.49% | Tier A (Credit Score: 680+, Max Debt to Income: 45%, Max Loan to Value: 125%) |
| up to 84 months | 10.49% | Tier B (Credit Score: 679-640, Max Debt to Income: 45%, Max Loan to Value: 115%) |
| up to 84 months | 15.74% | Tier C (Credit Score: 639-601, Max Debt to Income: 45%, Max Loan to Value: 110%) |
Sources (1)
- eddyfederalcu.com/loan-rates · captured Oct 15, 2026
Who can join Eddy Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live or work in Eddy County, New Mexico are eligible for membership.
Employers and groups
- Employees of Eddy Federal Credit Union are eligible for membership.
- Organizations of eligible persons are eligible for membership.
Military, government and schools
- Employees of the U.S. Post Office or Bureau of Land Management who work in Hobbs or Lovington, New Mexico are eligible for membership.
Family and household
- Members of the immediate families of eligible persons are eligible for membership.
- Spouses of persons who died while within the field of membership of Eddy Federal Credit Union are eligible for membership.
1 more way to join
Other ways
- Persons who were members of Eddy Federal Credit Union on January 16, 1976 are eligible for membership.
Membership information collected October 4, 2026.