HFCU - March 13

Thinking about paying cash for your next car? You might want to reconsider. While having the funds to buy a vehicle outright might feel like a power move, it’s not always the smartest financial strategy. With auto loan rates at Houston Federal Credit Union (HFCU) starting at just 4.50% APR*, financing could be your ticket to putting that money to work elsewhere. But HFCU offers more than just competitive rates. Their team of financial experts can help you navigate every aspect of your car-buying journey, from securing the right loan to protecting your investment—all while keeping your long-term financial goals in focus. So before you empty your savings account for that new car, let’s look at how smart financing could benefit you.

Personal Guidance, Professional Support

Your Money at Work: HFCU’s Smart Approach to Auto Buying

By Ryann Swift on MARCH 13, 2025

Cash vs. Financing: Making the Smart Choice

The math behind smart financing is compelling, especially if you’ve been saving up to buy a car outright. Cars typically lose 20-30% of their value in the first year alone, making them one of the fastest-depreciating assets you can own. Why tie up your cash in something that’s guaranteed to lose value? Instead, that money could be earning higher dividends through HFCU’s Certificate Accounts.

Unwanted hair growth is something many of us deal with. The days of stubborn shaving, razor bumps, and ingrown hairs are over thanks to laser hair removal, a simple treatment that will save you time, money, and stress when it comes to hair growth. Laser hair removal is a convenient and fast treatment (averaging around 30 minutes per session) that utilizes a concentrated beam of light laser to remove hair and inhibit future hair growth in the area. The treatment is largely pain-free; however, clients will need to keep the treated area(s) out of the sun for a week following treatment.

Laser Hair Removal

Botox and Fillers

Botox and fillers are a fantastic option for those looking to reduce the appearance of wrinkles, fine lines or add some plump to your lips. Using a very thin needle, medical professionals administer the treatment into the desired areas of the face. Typically, injectables and dermal fillers involve minimal discomfort, and most clients can return to their day-to-day responsibilities immediately after treatment. In all stages of your beauty journey, your aesthetic consultant can detail each offering including effective wrinkle relaxers like Botox , FDA-approved lip fillers, and more to ensure your choice aligns best with your goals.

Ultherapy

Usually starting around age 25 when our bodies begin to produce less collagen, we notice changes, or sagging, in our skin. Ultherapy skin lifting is the FDA- cleared solution you need to build that collagen bank back up to restore plump, tight and youthful looking skin. Ultherapy uses safe ultrasound energy to naturally initiate the production of new collagen deep within your skin. You’ll see skin tightening results after the first treatment and continued improvement for up to six months. The team of trusted advisors can put together a treatment plan tailored to your individual needs, setting you up for your perfect skin.

IPL Photofacial

IPL Photofacial uses pulses of light energy to fade age spots, sunspots and freckles, while evening out skin tone, redness and hyperpigmentation. This FDA-approved treatment targets and gently heats the red and brown areas of your skin impacted by sun damage, ultimately causing them to flake off and unveil clearer, brighter skin for a makeup look without the makeup. For those interested in anti-aging results for your skin, IPL Photofacial provides a quick, effective, and affordable method to achieve radiant looking skin.

CoolSculpting

We’re all on a journey toward looking and feeling our best. Many people, however, wrestle with stubborn fat even after exhausting all efforts to work it out. Enter CoolSculpting , a noninvasive, FDA-cleared treatment that utilizes patented, controlled cooling technology to eliminate up to 25% of fat cells in the desired area without the need for surgery. CoolSculpting targets problem areas beneath the skin to freeze, kill and ultimately destroy only the fat cells from the body, producing lasting results that you will love. After just two sessions, clients will see a 73% greater fat reduction versus just one treatment.

CoolTone

It’s like 20,000 sit ups in 30 minutes. The abdomen, buttocks and thighs can be targeted with CoolTone treatments that produce tighter and firmer results that will last. Under a process called magnetic muscle stimulation (MMS) initiated by CoolTone technology, muscles undergo involuntary contractions, therefore strengthening the muscles within the treatment area. This process feels similar to that of an odd muscle spasm or twitch, however for the large majority of patients it is not at all painful. Results are typically noticeable after four weeks of treatment. CoolTone is FDA-cleared and backed by science, designed for anyone looking to become more toned without any recovery time.

As HFCU Financial Advisor John Woltemate points out, “Most people don’t look that far into the future like they should.” He’s right—and this principle is especially crucial in car buying. While your vehicle’s value drops, strategic investments through HFCU could be growing your wealth. Their Money Market accounts are also a great option, and provide the perfect balance: your emergency fund stays accessible while earning returns, ensuring you’re prepared for life’s unexpected expenses without depleting your savings. Whether you’re eyeing a traditional gas-powered vehicle or considering the switch to electric, HFCU’s financing options let you maintain financial flexibility while still driving home in your dream car. By financing strategically, you can keep your money growing while you enjoy your new ride.

"Most people don’t look that far into the future like they should."

Getting a car loan isn’t just about rates and terms—it’s about finding a financial partner who understands your goals. That’s where HFCU’s approach stands out. Certified financial counselors like Zulika Diaz help members see the bigger picture. “My goal is to help our members reach their financial goals, whether it’s to get out of debt or purchase a home,” Diaz explains.

— John Woltemate, HFCU Financial Advisor

Your Path to Easy Auto Financing

HFCU makes auto financing straightforward and affordable. Their current rate is as low as 4.50% APR* for new and used vehicles, but they offer flexible terms up to 84 months to fit your budget. And since they process loans locally, you’ll get faster approvals and personalized service that big banks can’t match—no lengthy delays waiting for approval from an out-of-state office. More good news: Their eVIP check program puts you in control at the dealership. Before you start shopping, HFCU will pre-approve you up to a specific amount. They’ll provide a check you can use when you find the right vehicle, letting you negotiate like a cash buyer without the hassle of dealership financing. No more awkward waiting while the sales team “talks to the bank”—you’ll know exactly what you can afford before you walk in the door. ¹ First-time car buyers get special attention, with a program designed to make that important first purchase more affordable through competitive rates and manageable terms. HFCU also safeguards your investment with comprehensive protection options. Their Vehicle Service Contract picks up where manufacturer warranties leave off, while GAP Plus coverage bridges the difference between what you owe and what insurance pays if your car is totaled. Add protection for tires, wheels, windshield, and door dings, and you’ve got complete coverage for whatever the road throws your way. ²

HFCU’s team works with you to determine what you can realistically afford, taking into account your entire financial situation. They’ll help you understand how a car payment fits into your monthly budget and can even assist with improving your credit score. As Diaz points out, “You’re not a number at HFCU. If we deny you a loan, that denial comes to me, and I’m there to help you fix it and turn it into an acceptance later.” This level of personal attention sets HFCU apart. They process loans of course—but they also provide the tools and guidance to help you make sound financial decisions. From budgeting assistance to credit counseling, their support ensures you’re not just getting a car loan, but building a foundation for long-term financial success. You’ll find this same commitment to members’ success across HFCU’s entire range of services.

"You’re not a number at HFCU. If we deny you a loan, that denial comes to me, and I’m there to help you fix it and turn it into an acceptance later."

— Zulika Diaz, Certified Financial Counselor

Beyond the Auto Loan: Complete Financial Services

HFCU’s full-service approach includes a suite of financial services tailored to your needs. Their range of checking accounts includes the premium 360 Secure Checking with enhanced benefits, a no-fee Basic Checking option, and Youth Checking accounts designed to help younger members develop smart money habits. Managing your money is seamless with HFCU’s digital banking platform. Their eTeller Online Banking and eMobile Banking App let you handle transactions, check balances, and even deposit checks remotely. But unlike big banks that push you toward digital-only service, HFCU maintains the personal touch that makes credit unions special. The options for growing your money are just as robust. HFCU’s Share Certificate accounts can help you earn higher dividends, while their Money Market accounts combine competitive yields with easy access to your funds. Looking toward retirement? Their investment services team can help you build a strategy that aligns with your long-term goals. Every service HFCU offers comes with the same commitment to personalized attention that defines their auto loan program. They’re better than just a lender—they’re a partner in your financial journey, offering guidance and support at every step.

Begin Your Financial Success Story with HFCU Today

Ready to explore your options with HFCU? Getting started is simple. Membership requires just a $5 deposit into a savings account, along with basic documentation like a valid ID and Social Security number or Tax ID. You can begin the process online or visit any HFCU branch for personalized assistance. Their online application system makes applying for auto loans quick and convenient. Whether you’re preparing to buy, looking to refinance, or just want to discuss your financial goals, HFCU’s team is ready to help. For auto loans and protection products, or to learn more about how Houston Federal Credit Union can work for you, visit HoustonFCU.org or call (281) 243-0500; toll-free at (866) 687-4328 (OUR-HFCU). Join the thousands of members who’ve discovered the HFCU difference. Your smarter financial future starts here.

*APR is Annual Percentage Rate. Normal credit criteria apply. Rates for approved loans are based on the applicant’s credit history. Stated “rates as low as” apply to well-qualified applicants. Loan term, loan to value (LTV) and/or down payment, for example, may vary based upon your credit history. Current rates are effective March 1, 2025, through March 31, 2025. Other restrictions may apply, and rates are subject to change without notice. Talk to a loan officer for details. Loan terms 72-84 months require a $20,000 minimum loan. Payment Example: 60 monthly payments of approximately $19.01 per $1,000 borrowed at 5.30% APR. For deferred payment option, interest accrues during deferral period. HFCU is an equal opportunity lender. Credit Union membership is required before utilizing any product and/or service by establishing a savings account with $5. Must be eligible for membership. Other restrictions may apply. ¹eVIP program subject to certain credit criteria. Available at participating dealerships within the greater Houston, TX and Greenville, SC areas. May be used for the purchase of new or used automobiles, trucks or SUVs. May not be used for sales between private parties or to purchase reconditioned, salvaged, or auctioned vehicles. Other restrictions may apply. See Credit Union for additional terms and conditions. ²GAP/Vehicle Service Contract/Multi-Shield Protection: See Credit Union for terms and conditions.