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Best for: Michigan residents refinancing a 2021-or-newer vehicle for a lower rate

Michigan Schools and Government Credit Union

Michigan Schools and Government Credit Union — lower your auto rate by 0.25% with the Auto Rate Pledge.

Min credit
Not disclosed
APR
From 3.99%
Max vehicle age
Not disclosed
Max mileage
Not disclosed

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"Not disclosed" means Michigan Schools and Government Credit Union does not publish this on their public site. "No restriction" means Michigan Schools and Government Credit Union explicitly states no limit.

Overview

Michigan Schools and Government Credit Union (MSGCU) offers a unique Auto Rate Pledge where they will lower your current non-MSGCU auto loan rate by 0.25% or give you their lowest available rate. As of October 2026, their base rates start at 3.99% APR for 2021-and-newer models.…

What’s great

  • Auto Rate Pledge offers a 0.25% discount off your current rate from another lender
  • No application fee
  • Terms up to 84 months available for qualified vehicles

What to know

  • Extended terms (76-84 months) require a minimum loan amount of 0,000
  • Membership is restricted to Michigan residents

Eligibility

Minimum credit scoreNot disclosed
APR rangeNot disclosed
APR floor (as low as)From 3.99% — minimum only; full range not published
Maximum vehicle ageNot disclosed
Maximum mileageNot disclosed
Loan amount rangeNot disclosed
Term lengthUp to 84 months
States served1 states
Membership requirementOpen to anyone who lives or works in Michigan.

FAQ

See your matched lenders and get prequalified. Takes ~3 minutes.

Get matched to lenders and prequalify on banks.com

Sources

Every figure on this page is sourced from Michigan Schools and Government Credit Union's own published materials. Rates, eligibility, and terms can change — verify directly with Michigan Schools and Government Credit Union before applying.

  1. [1]Auto Rate Pledge | MI Credit Union Auto Loans — Michigan Schools and Government Credit Union
    https://www.msgcu.org/autorefi
    Last checked: October 2026
  2. [2]Become a Member | MI Credit Union Membership — Michigan Schools and Government Credit Union
    https://www.msgcu.org/Michigan-Credit-Union-Membership
    Last checked: October 2026