“The interesting thing is that I never knew that anyone could be a member of a credit union – I used to think that I had to belong to a union. Fortunately I was introduced to Tropical Financial Credit Union and found out I could belong – I was delighted! They make the loan process so easy and made me feel so special.”
Rates effective July 7, 2020
Protect yourself from sneaky dealership financing tricks that can cost you thousands of dollars. Because when you take just ten minutes to get pre-approved, you will shop with confidence knowing you are getting the best deal for your boat, motorcycle or RV loan.
It takes less than ten minutes to apply for a boat, motorcycle or RV loan. In most cases, you will receive an answer within 24 hours regarding the status of your loan. It can sometimes take a bit longer depending on your credit profile.
Yes. In fact, we recommend you get pre-approved for your boat, motorcycle or RV loan. Getting pre-approved helps you shop with confidence knowing you are getting the best deal for your loan and protects you from sneaky dealership financing tricks that can cost you thousands of dollars.
Click here to get pre-approved for your boat, motorcycle or RV loan in less than 10-minutes.
Yes. Guaranteed Asset Protection (GAP) pays the difference between what you owe on your vehicle and what your insurance company establishes as cash or market value up to the maximum LTV%.
Currently, Guaranteed Asset protection is offered to TFCU members for as low as $610. Dealers may charge up to $800.
Auto Deductible Reimbursement (ADR) is also included with the purchase of GAP insurance!
If you suffer a loss during the benefit period which is covered by your Auto Insurance Policy, you may be entitled to reimbursement of the Auto Insurance Policy deductible amount up to $500 per Loss.
The ADR coverage applies not only to the vehicle that the GAP policy was purchased on, but also any other automobile that is titled and insured by the member who purchased the GAP policy
This summary is a brief overview of the program and is not to be considered a full disclosure of policy terms. Please refer to the Terms and Conditions for complete forms, conditions, limitations, definitions, and exclusions.
Easy to Purchase
GAP can be included in the amount financed with the loan. Coverage takes effect immediately upon loan dispersal.
60-day Free Look
You may examine your GAP policy for 60 days. If you are not satisfied you may cancel GAP by returning the waiver within the first 60 days of coverage for a full refund of any premiums or amount you have paid.
Mechanical Breakdown Protection offered for Auto and Motorcycle.
Your vehicle is a major investment. That is why purchasing mechanical breakdown protection (MBP) is a wise choice. MBP can help ensure that the investment in your vehicle is protected, and reduces the possibility of out-of-pocket expenses when your vehicle suffers an unexpected mechanical failure. Most important of all, Mechanical Breakdown Protection provides Peace of Mind so you can experience Worry-Free Driving!
Money Back Guarantee!
You may cancel anytime during the first 60 days, contingent on a claim not being filed, and get a 100% refund.
Features and Benefits
The Cost of Repairs
Did you know that one in three vehicles experience a mechanical failure in a given year?
The typical extended warranty owner will make several claims during the life of their contract. Should your
vehicle experience a failure after the manufacturer's warranty expires, without an extended warranty you will have no protection from the unexpected repair costs that can be in the thousands of dollars!
Vehicles today are growing extremely complex and contain high-tech sensors, electronics and computers that suffer unexpected failure and need to be replaced. While engines and transmissions are more reliable than ever, it's these other sophisticated parts that frequently fail. As vehicles become increasingly more complex, associated repair costs rise dramatically!
Yes. Payment Protection is available for auto loans. There are two types of Payment Protection:
Payment Protection Features Include:
Payment Protection Benefits Include: