No credit history? No problem with the NEXT auto loan. Designed just for young adults as part of our NEXT Banking package, we look at what you have done, not what you haven’t. Then we’ll help you get flexible terms, a competitive rate, and the chance to build a positive credit history.
- Borrow as little as $5,000 or as much as $12,500 for your wheels.
- Take up to 60 months to pay it back.
- Discounted rate with FREE Auto Pay from your Northern Checking account. *
- Only 5% down payment required.
- Finance up to 100%** of NADA retail value.
- Get cash back for on-time payments—as much as $375. ***
Ready to finance your first car? Apply online, in branch or over the phone now. To qualify, you must complete the online Credit Matters course, which takes less than 15 minutes.
|Rates as low as
|8.99% Fixed APR**
||Up to 60 months
*APR = Annual percentage rate. Includes a ¼ percentage point discount for payment through automatic transfer from a Northern checking account. The monthly payment for a $12,500 NEXT auto lo an at 8.99% APR would be $311.02. Rate quoted is with a cosigner. Rate without a cosigner is as low as 12.99% APR. Ask about our Loan Life and Disability protection, GAP coverage and Auto Insurance.
**Includes sales tax, license and warranty.
*** Payments are considered “on time” when they are made within 30 days of the loan’s due date. If there are any late payments made on the loan then eligibility for this payment incentive program will be void.