Recreational Vehicles Archives

Online Banking

Are these loans available for both new and used watercraft?

Yes, PDCU finances both new and pre-owned watercraft. Rates and terms may differ, so our team can help you find the best option based on your...

Can I get pre-approved for a boat loan?

Absolutely. Our pre-approval process gives you a clear idea of your borrowing power before you start shopping, simplifying your purchasing...

What interest rate can I expect?

Interest rates vary based on factors like your credit score, loan term, and the age of the vehicle or watercraft. People Driven Credit Union offers competitive rates to make financing accessible and affordable for our members. Call 248-263-4100 to speak...

What types of watercraft can I finance?

You can finance a variety of recreational watercraft, including boats, jet skis, and wave runners. If it floats, People Driven Credit Union can probably finance...

Can I pay off my motorcycle loan early?

People Driven Credit Union allows early payoff without penalties, but it’s important to check your loan agreement for any prepayment...

Is motorcycle insurance required for a loan?

Yes, People Driven Credit Union requires full coverage insurance to protect the investment in the...

What happens if I miss a payment?

Missing a payment can result in late fees, damage to your credit score, and potentially loan default. Contact your lender immediately if you anticipate difficulty making a...

Can I finance a used motorcycle?

Yes, financing is available from People Driven Credit Union for both new and used motorcycles. Keep in mind that interest rates might be higher for used...

Do I need a down payment for a motorcycle loan?

While not always required, a down payment can lower your monthly payments and the total amount of interest paid. Some lenders may require a down payment based on your credit...

Can I get pre-approved for a motorcycle loan?

Yes, People Driven Credit Union offers pre-approval, which can give you a better idea of your budget and streamline the purchasing...

Calculator Disclaimer Personal Loan Rate

The monthly payment at 8.490% APR for a term of 12 months would require payments of approximately $87.22/month, per $1,000 borrowed. APR=Annual Percentage Rate, subject to change. Rate is based on individual creditworthiness and term of the loan. The use of this calculator does not imply nor guarantee loan terms nor approval of financing.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. People Driven Credit Union does not guarantee their applicability or accuracy in regards to your individual circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Member-only Discount Rewards

Accidental Death & Dismemberment Insurance – PDCU provides $2,000 coverage to members 18-69 for free but op-in is required. Members receive discounts on additional supplemental coverage.