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Auto Equity Loan

  • Yes, this loan qualifies for our Skip-a-Payment program.

    With Skip-a-Payment you have the ability to skip up to two (non-consecutive) monthly credit union loan payments each year, whenever it’s most convenient for you.

    To enroll, complete the Skip-a-Pay form, indicating the month you would like to skip your payment, and return it to the Credit Union at least five days before your payment is due.

  • ​If you are not an OAS FCU member, you will need to open an account with us first. Once you become/are a member, you will need to complete this loan application.

  • If you have an outstanding balance in your line of credit, the amount will be paid off when the liquidation is processed and the line of credit will be closed. This is an agreement between OAS General Secretariat and OAS FCU.

  • This line of credit will save you money, since it has a very low interest rate compared to a regular signature loan, which cannot be guaranteed. Additionally, this line of credit can be used at your own pace. You can use it when needed, there is no maintenance fee, and you can pay off the debt before the end of the term with no penalties.

  • ​You can request up to 75% of your OAS Retirement & Pension Plan. The maximum line of credit is $65,000.

  • Yes, this loan is a line of credit.