Recently, the financial service industry has observed an increase in fraudulent attempts to access
an individual's account data through phishing. UFirst will never ask you for your account
credentials or PIN. If you receive a suspicious call, email or text message, please contact 801-481-8800. For more
information on protecting yourself from fraud, click here.
Awarded by Forbes and 5x Winner of Utah's Best of State
After receiving the 2021 Forbes award for Best Credit Union in Utah and the 2022 Best of State award for
Utah's best credit union, it's patently clear that it's better at UFirst.
We're proud to offer best-in-state products, services and experiences to all of Utah's community
It's Better Here
Why UFirst is the Best Credit Union in Utah
For the past 66 years, our commitment to building trust within the Utah community has enabled us to
serve 115,000 members in 20 branch locations throughout the state. It's also led us to receive local
and national recognition for our dedication to our
members and to Utah.
Our mission is to put our community first in every scenario, and that
includes helping our members succeed through every stage of life. We’re here to help Utah obtain
affordable loans, achieve financial goals, pay for college, own a home, open a business, plan for
retirement, and more. Whichever phase of life our members are in, we’re ready to help them meet their
fullest financial potential.
We provide better financial services but, overall, our purpose is to
improve the lives of Utah communities. Achieving that starts with helping Utahns attain goals and create a
financial future that is bright with possibilities. By providing affordable loans for all stages of life,
financial education, community service, and by creating meaningful relationships with our members and
employees, UFirst puts our community first in every scenario. We create beneficial products to help our
members save money and we build stronger relationships to help our members realize goals.
We're proud to be UFirst, Utah's best credit union, and we're grateful to all of
Utah's communities for helping us be great. You are the most important part of why
it's better here.
The credit score required to qualify for an auto loan is relative to the lender. On average, the borrower needs a score in the low 700s for a new car loan and mid-600s for a used car loan.
A borrower's credit history tells the lender whether or not they are high or low risk. When getting approved for an auto loan, most financial institutions will look at the borrower’s industry-specific auto FICO® Score3, along with their base FICO® Score from the three consumer credit reporting bureaus: Equifax, Experian and TransUnion.
This credit score also determines the borrower’s interest rate on the loan. Typically, to get an interest rate between 0–2% on new car loans, the lender will require a credit score of 700 or higher. Reversely, if a borrower finds themselves with a credit score in the mid-600s or low 500s to low 600s, they may expect a lender to give an interest rate three to five times higher (between 10–24%) than those with good or excellent credit.
You can check your FICO® Score for free on our free mobile app, UFirst.
Refinancing your auto loan is a great and easy way to save money on your car payments and to lower the interest rate on your auto loan.
In order to refinance your auto loan, you’ll need to gather the right information and documents. All the necessary information would be the car mileage, VIN number, current car loan numbers, driver’s license, and income verification. After gathering this information, you can refinance your loan with the same lender or with a different financial institution.
After applying, the bank or credit union will check your credit history and let you know if you qualify for a lower interest rate. After approval, the bank or credit union will work with you to set your new loan term to a lower monthly car payment.