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Car Loan FAQs
Do I have to be a credit union member to take out a loan?
Family First is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. If your car loan application is approved we will be delighted to help you become a member as part of the loan process.
Become a Member
How much can I borrow?
The minimum loan amount for a secured car loan is $5000. Would you like to calculate how much you may be able to afford to borrow?
Use Our Loan Calculator
How do I make repayments on the loan?
We have a wide range of options for you! You can arrange to make your loan repayments either by payroll deduction, direct debit from your savings or transaction account, internet or Phone Access transfer, at any of our branches or using Bank@Post.
How often will I receive information on my account?
Statements are produced six monthly or more frequently on request. Duplicate statements can be requested at any time from our office.
Account information is also available through our Internet and Phone banking services.
What security is required to take out a Car Loan?
Must be secured by a road registered vehicle, this includes motorbikes, trailers, caravans and boats.
Do I need to take out insurance on my vehicle?
If Family First has taken security over your vehicle, you will be required to have the vehicle comprehensively insured. You will also need to provide a copy of this insurance. We can offer a quote on your vehicle before purchase to make the loan process more efficient.
Is a redraw facility available?
Family First gives you the option of making extra repayments on your loan and then having the flexibility of being able to redraw on these extra repayments. You need to have your loan in advance by at least $1000 and the minimum redraw is $1000. Fees may apply.
Family First Credit Union
We make banking easy, with many ways to access your Family First Credit Union accounts.
About Family First
Family First Credit Union is different…
Our shareholders are you. We are your local Credit Union, here to support all of your banking needs. So come and experience local caring banking.
- In what has been the strangest year on record, warmest of seasons greetings over the festive period ... stay safe and enjoy the comfort of your friends and family. Look further to see our early closing times on Christmas Eve and New Years Eve. Read more
- Our most valued prize awarded throughout the year is no doubt our 'Wes Anderson Memorial Employee of the Year' named in honour of the late Wes Anderson who was General Manager of Family First for 28 years. See who won this most coveted award in 2020? Read more
- For the latest developments in relation to the Northern Beaches COVID - 19 outbreak, please read on to see what impacts this may have on you. Read more
Important legal information
Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review our Account & Access Facility Conditions of Use and Financial Services Guide before acquiring the product.