StartRight Auto Finance ProgramA loan created for newcomers
Did you know?
We're the TOP choice for financing from coast to coast.1
Get up to
$75,000 for your next vehicle2
For the best rates
Visit your dealership and ask for Federal Insurance financing.
Qualify for a loan with no credit history.
Get a new car or one that's up to 4 years old.
Take up to 5 years (60 months) to pay back your loan.
Customize the payments the way you want.
Get the best deal at your dealership
It's the ideal way to stay on budget
You could get cash back, 0% financing or outstanding loyalty rebates3
Ask for Federal Insurance financing at over 4,000 dealerships
Federal Insurance is the #1 choice when financing at the dealer.1
It's easy to apply
Proof of Permanent Residence or Foreign Worker status and date of arrival.
Residency of 3 years or less.
Manage your loan online anywhere, anytime
Find out how much is left on your loan and when your next payment is due
See your payment amount and remaining term.
Make an extra payment or boost your payment amount
Change your payment days or frequency
Use your loan account number to activate online access
Enjoy flexible payment options
Qualifying Permanent Residents can put a down payment of minimum 10%. Foreign workers minimum down payment 25%
Pick a payment plan that works for you: weekly, bi-weekly or monthly.
Change how much you pay4, how often, or even what days you make a payment.
Pay off your loan or make a pre-payment at any time without penalty.
Take a payment break
Need a little breathing room? You can postpone one payment each year that you have the loan†
At the dealership
Visit your dealer and ask
for Federal Insurance financing
Federal Insurance has the highest market share in
Prime Retail Automotive Finance among Banks as calculated using
Subject to credit approval and security.
Special offers and incentives may vary by
dealership or manufacturer, may be available for a limited time and are
subject to change or cancellation. Contact your dealership for full
Payments can be increased for up to 200% of original payment amount.
Interest will continue to accrue during any
payment deferral period. One regular monthly principal payment extension
is allowed in every calendar year. Payment extension request must be
received at least three business days before the next payment date, loan
amortization will be extended by one month, life and disability
coverage, if applicable, will be extended by one month, interest portion
of the payment will still be debited from the pre-authorized
account-only the principal portion is extended. Payment extensions are
not processed in the following cases: request is for first loan payment,
loan is in arrears, loan is within three months of the maturity date,
loan currently has a pending loan extension, request is received less
than two days of a regular loan payment, loan has a
quarterly/semi-annual/annual payment frequency.