Groundhog Loan Sale

12th Annual Groundhog Day Loan Sale

Tuesday, January 23, 2023 Oklahoma Community Credit Union will begin the pre-approval process for the Groundhog Day loan sale. Pre-approvals will end on Wednesday, February 1st, 2023 or until loan pool is exhausted.

On Thursday, February 2nd, 2023 pre-approved applicants may begin the loan closing process for the Groundhog Day loan sale.

Pre-approved secured consumer loans will receive a rate as low as 6.99% APR** and unsecured consumer loans will receive a rate as low as 9.99% APR++.
See complete rules below for details.

HERE’S THE STEPS YOU NEED TO TAKE ADVANTAGE OF THE PROMOTION

Step 1 – APPLY ONLINE
Apply online at www.okcommunitycu.com between Monday, January 23rd, 2023 and Wednesday, February 1st, 2023 to be pre-approved
(Groundhog loan sale applications will be accepted until the loan pool is exhausted.)
Approval is not guaranteed.

Step 2 – SCHEDULE A LOAN CLOSING APPOINTMENT
Members who were pre-approved may schedule an appointment with their loan officer to finalize their loan closing beginning, Thursday, February 2nd, 2023.

Step 3 – CLOSE YOUR LOAN BEFORE THE DEADLINE
All loans must be closed by Tuesday, February 28th, 2023 to receive the Groundhog Day loan sale rate.

RULES & LOAN QUALIFICATIONS
  • Loans must be $10,000.00 or over for secured and $1,000 or over for unsecured.
  • This sale is only applicable towards secured loans 0-72 months and unsecured loans 0-36 months terms.
  • Loans must be new to Oklahoma Community Credit Union (i.e., New Loan or Refinance from another institution). No current Oklahoma Community Credit Union loans will be refinanced.
  • Real estate loans, credit cards, and in-direct loans do not qualify for the Groundhog Day loan sale rate.
  • Collateral must be 2011 model or newer.
  • Qualification is based on credit worthiness and amount of loan. If you don’t qualify, we reserve the right to refuse your loan request.
  • Your final loan amount may not exceed the pre-approved loan amount.
  • Pre-approved secured consumer loans will receive a rate as low as 6.99% APR** and unsecured consumer loans will receive a rate as low as 9.99% APR++.
  • Loan fees and VSI (required) will be applied.
  • Loan funds will be made available once the borrower(s) has submitted applicable required documentation (i.e., proof of income, vehicle title, etc.)
  • Must qualify for membership eligibility if not currently a credit union member.
  • Oklahoma Community Credit Union reserves the right to make changes to procedures/rules of this promotional program.
Disclosure

**An auto loan of $20,000 for 72 months at 6.99% APR will have a monthly payment of $340.83. Loan is subject to credit approval. A lien fee and VSI will be required. Must be 18 or older to apply.

++An unsecured loan of $5,000 for 36 months at 9.99% APR will have a monthly payment of $161.26. Loan is subject to credit approval. Must be 18 or older to apply.

This loan sale is only applicable towards secured loans 0-72 months and unsecured 0-36 months terms.

Pre-approvals accepted from Jan. 23rd – Feb. 1st, 2023 or until the loan pool is exhausted.

Loan closing dates for pre-approved applicants will be from Feb. 2nd – 28th, 2023. To obtain special rate, secured loan must be $10,000 or over and unsecured loan must be $1,000 or over. No real estate loans or credit cards. Additional terms or conditions may apply. The Credit Union has the right to change the promotion at anytime. Additional terms or conditions may apply. Credit Union membership is required.