Formation Auto Loan & Personal Loan Rates

Auto Loan Rates

Rates as of July 10, 2026

auto_any_36mo

5.500% APR

Rate5.500%

New and Used Autos - 36 months

auto_any_48mo

5.750% APR

Rate5.750%

New and Used Autos - 48 months

auto_any_60mo

5.750% APR

Rate5.750%

New and Used Autos - 60 months

auto_any_72mo

6.250% APR

Rate6.250%

New and Used Autos - 72 months

auto_any_84mo

6.550% APR

Rate6.550%

New and Used Autos - 84 months

auto_any_72mo

8.000% APR

Rate8.000%

Recreational Vehicles - 72 months

credit_card_rewards

8.000% APR

Rate8.000%

Visa Rewards Credit Card

auto_any_84mo

8.500% APR

Rate8.500%

Recreational Vehicles - 84 months

auto_any_96mo

9.250% APR

Rate9.250%

Recreational Vehicles - 96 months

auto_any_120mo

10.250% APR

Rate10.250%

Recreational Vehicles - 120 months

Personal Loan Rates

Rates as of July 10, 2026

personal_secured

3.000% APR

Rate3.000%

Shared Secured

personal_unsecured_12mo

7.500% APR

Rate7.500%

Education Loans - 12 months

personal_unsecured_24mo

7.750% APR

Rate7.750%

Education Loans - 24 months

personal_unsecured

10.500% APR

Rate10.500%

Personal Loans

personal

11.000% APR

Rate11.000%

Revolving Loans

Frequently Asked Questions

What rates does Formation offer?

Formation currently offers auto loan, and personal loan rates. The rates shown on this page were last verified July 10, 2026 directly from the credit union's official website.

How often are Formation rates updated?

RateAPI verifies Formation's rates daily by scraping its official website, then normalizing the data. The figures on this page were last verified July 10, 2026.

Where does RateAPI get Formation's rate data?

Rate data is collected directly from Formation's official website. RateAPI has no pay-to-rank incentives; see the methodology page for how rates are collected and normalized.

What is Formation's auto loan rate?

As of July 10, 2026, Formation offers auto loans from 5.5% APR.

Related Rate Data

Compare Formation's rates against national credit-union benchmarks.

More Louisiana credit unions Auto loan rate benchmark Personal loan rates How we verify rates

Source Information

Rate data is scraped directly from the credit union's official website and verified daily by our automated systems.

View Original Source

Methodology

Learn how we collect, normalize, and verify rate data with full transparency and no pay-to-rank incentives.

View Methodology

Use it via API

Access this data programmatically with our REST API

terminal

# Get rates for Formation
curl "https://api.rateapi.dev/credit-unions/louisiana/formation" \
  -H "Authorization: Bearer YOUR_API_KEY"

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