Purchasing a new or used vehicle does not have to be a frustrating experience. Viriva Loan Representatives are here to assist you in your search for the perfect vehicle. We recommend that you obtain pre-approval from the credit union before you start shopping so you have an idea of how much you can afford to spend.  In addition to the competitive rates we offer, take a look at the other great features of a Viriva Auto Loan below.

Auto Loan Discounts
Guaranteed Asset Protection (GAP Coverage)

Auto Loan Discounts

First Time Car Buyer Program:  We offer a ¼% First Time Car Buyer discount to any member who is financing a vehicle for the first time. This program is especially helpful to teens, young adults and parents who are assisting with the costs of financing a new vehicle.

Active Checking Account Discount:  All members who actively use a Viriva checking account receive an extra ¼% on auto and personal loans.

Direct Deposit Discount:  All members who have direct deposit of their entire net pay and repay their auto loans via direct deposit/payroll deduction receive an extra ¼% on auto and personal loans.

New Member Discount:  New Credit Union members receive a voucher for ¼% off the interest rate on any auto or personal loan, good for the first 90 days of membership.

Maximum discount on any loan is 0.75%. Other restrictions may apply.

Guaranteed Asset Protection*

There could be a big difference between what your insurance will pay and what you owe on a loan in the event your vehicle is lost, stolen or accidentally damaged beyond repair. Who is responsible to pay the difference, or the "gap," between your insurer's settlement and your loan balance? YOU ARE.

Member's Choice™ Guaranteed Asset Protection (GAP) could save you thousands of dollars. It is low cost coverage that pays the potentially high cost difference between your insurance settlement and your loan balance on items directly related to the purchase of your vehicle.

GAP Plus coverage also includes up to $1,000 toward your down payment of a replacement vehicle (where allowed by law and when financed by the Credit Union).

It's easy to be covered.  You can sign up for GAP when you apply for your vehicle loan. There's no underwriting, no red tape, no hassles. And for your convenience, the amount can be rolled into your monthly loan payment.  GAP is fully refundable if you cancel the coverage within the first 90 days and can be purchased at any time during your loan.

*The information above is intended to provide a general outline of the benefits of Member's Choice Guaranteed Asset Protection. Be sure to carefully read your Member's Choice GAP waiver or policy/certificate of insurance for complete details. Guaranteed Asset Protection may vary by state. In states where GAP protection is an insurance product, Member's Choice Guaranteed Asset Protection is made available and underwritten by CUMIS Insurance Society, Inc. In states where GAP is a debt cancellation product, Member's Choice Guaranteed Asset Protection is made available through your credit union and administered by CUMIS Insurance Society, Inc.