Features
From the open road to the open water. Jolt has a loan to help you get the most of your free time. New or used, we offer low rates, no application fees and no prepayment penalties.
Enjoy your leisure time with a little help from Jolt. Get a loan for a recreational vehicle including:
- Motorcycles
- Motor homes
- Travel trailers
- All-terrain vehicles (ATVs)
- Personal watercraft (wave runners, jet skis)
- Boats
- Snowmobiles
Benefits
- 90 days no payment*
- Financing up to 100% loan-to-value for qualifying members
- Refinancing of loans from other financial institutions
- Flexible terms available
*Credit approval required. Interest accrues from date loan is funded.
Rates
| Miscellaneous Loans | ||
| Effective Date: Monday, May 29th, 2023 | ||
| Description | Loan Term \ Details | APR* as low as |
| Small RV's | Up to 60 Months | 7.25% |
| Large RV's | 60 Months | 7.25% |
| Large RV's | 61 to 84 Months Fixed | 7.74% |
| Large RV's | 85 to 120 Months Fixed | 8.00% |
| Large RV's | 121 to 180 Months Fixed | 9.00% |
| Motorcycles, ATV's, Jet Ski's | Up to 60 Months | 7.25% |
| New & Used Boat Loans | Up to 60 Months | 7.25% |
| Share-Secure Loan | Up to 12 Months | 3.050% |
| Share-Secure Loan | Up to 36 Months | 4.050% |
| Signature Loan | Up to 60 Months | 9.75% |
| Signature Loan - $10,000 Minimum | Up to 72 Months | 9.75% |
| Platinum VISA Credit Card | 9.90% | |
| *APR=Annual Percentage Rate. Rates listed represent our best rates. Rates, terms and conditions vary based on creditworthiness, qualifications and collateral conditions. All loans are subject to approval and rates are subject to change without notice. Other conditions may apply. Signature Loans cannot be used to pay off loans currently held at Jolt Credit Union. To view Payment Examples please select the hyperlinks on each loan rate. | ||
Skip a Payment
WE HELP YOU MANAGE THE UNEXPECTED
When you have an expense you didn't plan for or need extra cash for vacation, Jolt’s Skip a Payment* program lets you skip your monthly payment for a $35 processing fee on a qualifying Jolt loan. Interest will continue to accrue on your loan.
ONLINE BANKING USERS
Skip your payment now by logging into your Online Banking account and click on Services and select Skip a Payment.
I DON'T WANT TO USE ONLINE BANKING
Call the credit union at 800.798.2328 or stop by any location.
*Finance charges continue to accrue during the skipped period. Loans must be current to qualify. Please note that Mortgages, Home Equity loans, Credit Cards and Lines of Credit are not eligible. A $35 processing fee will be assessed for each skipped loan. Each loan may only be postponed twice per 12 month period and 3 consecutive payments must be made in between requested skip a payments. A skipped payment may reduce any GAP insurance claim on insured vehicles. Please consult your GAP Policy for more information.
Payment Protection
GAP Plus
A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay. GAP Plus is like an airbag for your vehicle.
Guaranteed Asset Protection (GAP) Plus can help fill the gap between what your vehicle insurance will pay and what you owe on your loan, to cushion you against sudden out of pocket expenses if your vehicle is deemed a total loss. GAP Plus may cancel part of your next loan with your credit union, when you purchase a replacement vehicle. GAP Plus can help lighten the financial burden for you and the people you care about.
All of this coverage is available for a one-time premium of $525.00.
Jolt Payment Protection
Life can be wonderful. But it an also get complicated when unexpected things happen. Protecting your loan balance or loan payments against death, disability, or involuntary employment could help protect your finances. This protection could cancel your loan balance or payments up to the contract maximum.
Jolt payment protection adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan payments today so your family can worry a little bit less about tomorrow.
Purchasing is voluntary and won’t affect your loan approval. It’s simple to apply. Ask your loan officer about eligibility, conditions and exclusions.*
*Refer to the member agreement for a full explanation of terms and conditions.
FAQs
A. Jolt finances the purchase of Motorcycles, Motor homes, Travel trailers, All-terrain vehicles (ATVs), Personal watercraft, Boats, and Snowmobiles.
A. There are no pre-payment penalties on any loans we offer.
A. Yes, we do! Whether it’s new or new to you, we can help.
A. We offer terms ranging from 60 months up to 180 months. There are no prepayment penalties.
A. In many cases, your funds may be available the same day. Our loan representatives will answer your questions and help expedite the simple application and approval process.
A. No, you are not obligated to accept the loan.
A.Being preapproved helps you focus on negotiating the best price with peace of mind that your financing is taken care of. Plus, dealers tend to take people more seriously when they come in with preapproved financing because it means you're ready to do business and not just "window shopping."
A. Jolt offers a variety of quick application options: online, in office or over the phone.
A. Not a cent! The credit union never charges for applying for a Motorcycle and Recreational Vehicle loan with us.
A. Your rate depends on your loan amount, the loan term requested, the age and type of RV and planned vehicle use. Please see our full rate table to view current rates. https://www.joltcu.com/loan-rates
