Credit union · NCUA insured
Meritus Credit Union Auto Loan Rates
Meritus Credit Union auto loans start at 4.99% APR for a new vehicle and 5.99% for a used one. Rates checked October 16, 2026.
How Meritus Credit Union’s auto loan rates compare
Compared with banks and credit unions near Lafayette, LA, where Meritus Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Meritus Credit Union
4.99%APR
- Terms
- up to 60 months
- Up to
- —
New Auto Loans
Lowest rate
Maple Federal Credit Union
3.49%APR
- Terms
- up to 96 months
- Up to
- —
2nd-lowest rate
705 FCU
4.25%APR
- Terms
- up to 72 months
- Up to
- 17.00% APR
Meritus Credit Union auto loan score
78
Auto loan score
Higher than 47% of U.S. banks and credit unions
- New vehicleNew4.99%
- Used vehicleUsed5.99%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Meritus 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.
New Auto Loans
Rates effective as of 05/01/2026. APR determined based on internal credit criteria; listed APRs assume excellent credit rating. APR may differ based on loan amount, repayment method, and other factors. APR examples do not include the $35 Document Preparation Fee. Financing up to 115% available (including tax, title, and license fees). No prepayment penalties.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 4.99% | Up to 115% financing. Payment per $1,000 is $18.87. Listed APR assumes excellent credit rating. |
| up to 72 months | 5.24% | Minimum loan amount $15,000. Up to 115% financing. Payment per $1,000 is $16.26. Listed APR assumes excellent credit rating. |
| up to 84 months | 6.74% | Minimum loan amount $25,000. Up to 115% financing. Payment per $1,000 is $15.01. Listed APR assumes excellent credit rating. |
Sources (2)
All captured Oct 7, 2026
Used Auto Loans
Rates effective as of 05/01/2026. APR determined based on internal credit criteria; listed APRs assume excellent credit rating. Minimum and maximum loan amounts or credit limits apply. Your APR may differ based on loan amount, repayment method, and other factors. Financing up to 115% available.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 5.99% | Up to 115% financing. Payment per $1,000 is $19.33. Listed APR assumes excellent credit rating. |
| up to 72 months | 6.49% | Minimum loan amount $15,000. Up to 115% financing. Payment per $1,000 is $16.85. Listed APR assumes excellent credit rating. |
| up to 84 months | 7.74% | Minimum loan amount $25,000. Up to 115% financing. Payment per $1,000 is $15.52. Listed APR assumes excellent credit rating. |
Sources (2)
All captured Oct 7, 2026
Who can join Meritus Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Eligibility is open to anyone who lives, works, worships or attends school in Acadia Parish.
- Eligibility is open to anyone who lives, works, worships or attends school in Iberia Parish.
- Eligibility is open to anyone who lives, works, worships or attends school in Lafayette Parish.
- Eligibility is open to anyone who lives, works, worships or attends school in St. Martin Parish.
- Eligibility is open to anyone who lives, works, worships or attends school in Vermilion Parish.
Family and household
- Eligibility is open to immediate family members of existing members, including spouse, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, step-siblings, and adoptive relationships.
Cost to join
- Joining requires opening a share savings account with a minimum deposit of $25.
Membership information collected October 5, 2026.