Redstone Federal Credit Union Auto Loan Calculator (2024)

FAQs

What is a stretch loan from Redstone Federal Credit Union? ›

Redstone's Stretch & Save Loans and Payday Alternative Loans (PAL) are designed to help you make it to your next paycheck while building your credit. With a short-term, small-dollar loan from Redstone, you can borrow what you need for today and make smart financial decisions for tomorrow.

If you believe there are any errors in your External Loan Payments, please contact RFCU's Call Center at 800-234-1234, and press “3” (toll free).

Contact us at Redstone Federal Credit Union®, 220 Wynn Drive, Huntsville, AL 35893 or call us at 256-722-3480 or 1-800-234-1234 ext. 3480 or after business hours at 1-800-241-7547. VISA Liability: You will have zero liability if your VISA Credit Card Account information is used fraudulently.

For the various types of funds transfers, the cut-off time will generally be 4:30 p.m. on each banking day that Redstone is open excluding Saturday, Sunday, and holidays observed by the Federal Reserve.

Credit unions are a good choice since they offer better chances of approval, lower fees and a user-friendly process. These non-profit organizations are run by members who offer flexibility in underwriting. It is a good idea to know how to get a loan.

Stretch Pay is a line of credit of $250 or $500 to help you pay urgent bills or make an emergency purchase. This type of loan offers a lower-cost alternative to the expensive interest charges and penalties of payday lenders. Your payment history is reported to the credit bureau.

An auto loan grace period is a window of time past the payment due date when you can still make a payment without incurring late fees or other penalties. Car loan grace periods vary by lender and generally range from 10-15 days.

Limit your loan shopping to 14-45 days – Keeping your shopping within this time span generally means that any requests from lenders to check your credit will count as one credit inquiry.

Can you overdraft at Redstone Federal Credit Union? ›

If we do not authorize and pay an overdraft, your transaction will be declined. What fees will I be charged if Redstone Federal Credit Union® pays my overdraft? Under our standard overdraft practices: • We will charge you a fee of up to $25 each time we pay an overdraft.

Redstone has over 6 billion in assets and 25 branch locations in Northern Alabama and Southern Tennessee. As the largest credit union in the state of Alabama and ranked among the Top 20 federal credit unions in the United States, we are here to help you live brighter and make your financial dreams come true.

FICO, used by 90% of top lenders and VantageScore, used by Credit Karma, are two of the top credit score models. If you currently have a lending product with Redstone, your FICO score is available for FREE within online banking.

Business Savings & CDs

Grow your savings with Redstone Bank. Our Business Savings and CD accounts offer competitive rates, security, and flexibility for your financial goals. Enjoy peace of mind and watch your money flourish.

It's easy - Zelle® is already available within Redstone online banking or in our mobile banking app! If you have a Redstone account, just check the app or sign in to online banking and follow a few simple steps to enroll with Zelle® today.

A stretch loan is a form of financing for an individual or business that can be used to cover a short-term gap. In effect, the loan "stretches" over that gap, so that the borrower can meet financial obligations until more money comes in and the loan can be repaid.

Credit unions are not-for-profit financial institutions, which allows them to offer competitive rates and low fees on personal loans. Personal loans from member-owned credit unions typically offer more favorable borrowing terms than for-profit banks.

For your wants, needs, and lifelong dreams, a personal loan from Redstone can help you achieve more. Whether you choose to borrow with or without collateral, we offer a variety of options so you can move forward and reach higher.