Credit union · NCUA insured
People's Credit Union Auto Loan Rates
People's Credit Union auto loans start at 4.50% APR for a new vehicle and 5.75% for a used one. Rates checked October 16, 2026.
How People's Credit Union’s auto loan rates compare
Compared with banks and credit unions near Lafayette, LA, where People's Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
People's Credit Union
4.50%APR
- Terms
- up to 72 months
- Up to
- —
New Vehicle
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
People's Credit Union auto loan score
85
Auto loan score
Higher than 70% of U.S. banks and credit unions
- New vehicleNew4.50%
- Used vehicleUsed5.75%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where People's 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.
Motorcycle & Watercraft
90-100% financing based on NADA pricing. Loan term up to 60 mo. Same as New and Used Vehicle Rates, respectively. Membership eligibility required.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 4.50% | New motorcycle/watercraft rate. 90-100% financing based on NADA pricing. Loan term up to 60 mo. |
| up to 60 months | 5.75% | Used motorcycle/watercraft rate. 90-100% financing based on NADA pricing. Loan term up to 60 mo. Usually no vehicle over 15 years old. No salvaged vehicles qualify. |
New Vehicle
Financing of 90-100%. Membership eligibility required.
| Terms | APR | Conditions |
|---|---|---|
| up to 72 months | 4.50% | 90-100% financing. Term up to 72 months. |
Used Vehicle
90-100% financing based on NADA pricing. Usually no vehicle over 15 years old; no salvaged vehicles qualify. Membership eligibility required.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 5.75% | 90-100% financing based on NADA pricing. Term up to 60 months. Usually no vehicle over 15 years old. No salvaged vehicles qualify. |
Who can join People's Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Residents living in the trade territory of the City of Rayne are eligible for membership.
Family and household
- Members of immediate families of members—including any relative by blood or marriage, foster and adopted children, grandchildren, sons-in-law, and daughters-in-law—are eligible for membership.
Cost to join
- Minimum deposit/balance of $25.00 in savings account required to begin membership.
- Opening fee of $5.00 required when opening a membership savings account.
Membership information collected October 5, 2026.