Can anyone join savings.club?

We ask for your Social Security Number as a part of an authorization request to conduct a credit check. This is optional and you can still fully participate in a club without a credit check or providing a Social Security Number.

What is an EAPR and what’s the difference between traditional loan APR?

With traditional loans, APR is an annual rate calculated based on fees you pay to secure the loan. Here at savings.club we use EAPR (Equivalent Annual Percent Rate) where you only pay for your vehicle and administrative fees. Our administration fees are used to keep up savings.club's infrastructure and EAPR means no compounding interest, ever.

Why is savings.club so much cheaper than traditional financing?

With savings.club, you only pay what you need to. All of the hidden fees and costs you pay with traditional loans aren’t a factor in our pricing. You’ll only ever pay for your car and administration fees so that we can properly run your club.

When will I get my car?

You can pick out a car from any dealership once you’ve received a credit voucher. Your eligibility for a voucher is dependent on your savings score. You can increase your score the more you make on time payments. The higher it is, the sooner you can receive your voucher and buy a car. The voucher works just like cash, so you can drive off the lot with your car once you decide which one is best for you.

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Latest Posts

Affordable Car Finance Deals With Savings Club’s 2.9% EAPR

read more

Can you refinance a car loan with the same bank?

Savings Club: The Best Way to Finance your Next Vehicle

Selling Cars: Find Out What The Rules

Is It Ok to Refill Windshield Wiper Fluid With Water?

Credit Score

Affordable Car Finance Deals With Savings Club’s 2.9% EAPR

Building Credit: An Easy-to-Follow Guide

Buy a Car With No Credit History

Buying Tips

Building Credit: An Easy-to-Follow Guide

List of 40 Auto Loan Terms: A Mini Glossary

Savings Clubs: Knowing What’s What

Financing

Affordable Car Finance Deals With Savings Club’s 2.9% EAPR

Building Credit: An Easy-to-Follow Guide

List of 40 Auto Loan Terms: A Mini Glossary

Cars Tips

Savings Clubs: Knowing What’s What

How to Get Safe Alternative Car Financing

Buy a Car Next Year by Planning

The product

Support

Resources

Learn with us

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