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New College Graduate Program

The auto loan or credit card you need as you start “adulting!”

Apply for an Auto LoanApply for a Credit Card

Or call 1-800-621-2105

New College Graduate Program

Turn the tassel and get a headstart on your next stage.

Congratulations! You’ve finished college and found a job! You must feel so proud — and perhaps a little unsure about upcoming expenses. That’s why Elements has the New College Graduate Program in place. You can get an auto loan or credit card (or both!) to help you get started in this next phase of your journey. We’re also just a phone call away any time you have questions, because your financial wellness is our main focus.

KEY FEATURES

  • Designed just for young adults
  • Competitive rates
  • Flexible—get both the auto loan and credit card or just one of them
  • No credit history is required
  • $200 cash bonus with credit card1

MAY BE A GOOD CHOICE IF

  • You’ve become a college graduate within the last six months
  • You have limited or no credit history (but there must be no derogatory credit on file)
  • You are currently employed and can submit official documentation showing your start date

COLLEGE GRADUATE AUTO LOAN

  • Get on the road with new wheels and great rates and terms to fit your budget
  • Qualify for up to $25,000 with or without a cosigner
  • Competitive rates
  • Option to defer first payment up to 90 days

Apply for Auto Loan

 

Auto Loan Interest Rate  APR  Monthly Payment Loan Term (Months)
2024 and Newer 6.49% 6.88% $716.65 48
2020-2023 6.94% 7.33% $722.93 48
2017-2019 7.69% 8.08% $733.49 48
2016 and older 11.44% 11.84% $787.66 48

Rates effective November 13, 2024, subject to change without notice. Each individual’s Annual Percentage Rate (APR) is determined by Elements' underwriting criteria. Not all applicants will qualify for the displayed lowest rate. A documentary fee of $225 applies to all booked auto loan applications. APR calculation and example monthly payments in Auto Loan rate table based on loan amount of $30,000, FICO® score of 730 or greater, and term of 48 months. Rate includes 0.25% reduction for Preauthorized Transfer from an Elements checking account. Rate reduction is subject to increase if the Preauthorized Transfer is discontinued. Additional conditions may apply. Subject to credit approval. Payments shown do not include taxes or insurance premiums. Please call for rates for terms other than 48 months. Private party sales outside of Indiana and non-franchise dealerships (Carvana, Enterprise, etc.) are not available for financing at Elements Financial.

More Disclosure

ELEMENTS PLATINUM VISA®

  • Our lowest rate and no late fees2
  • Qualify for up to $1,500 available credit limit on with or without a cosigner
  • Credit limit could be higher based upon credit rating
  • $200 Cash Bonus1

Apply for a Platinum Visa

 

Platinum Visa Purchases & Balance Transfers
Introductory APR for 6 Months  0%
Variable APR after 6-Month Intro Period  13.49%
Balance Transfer Fee  0%

Platinum Visa Introductory APR (Annual Percentage Rate) good for six months. Elements Financial loans are not eligible for payoff with introductory balance transfer offers. Subject to credit approval. Additional limitations, terms, and conditions apply. After introductory period your Standard variable APR for Purchases and Balance Transfers will be 13.49% for Platinum Visa. Rate effective November 8, 2024, and will vary with the market based on the Prime Rate as published in The Wall Street Journal. Elements reserves the right to amend or discontinue offers at any time. Terms & Conditions.

  1. 1 Credit Card Related $200 Cash Bonus Value Offer — requiring at least 10 card purchase transactions totaling at least net $1,000 within 90 days of card approval — will be fulfilled as a one-time $200 statement credit. Statement credit will not reduce your monthly payment. If the account is closed within six months, we reserve the right to add the amount of the statement credit back to your account balance at that time. Secured Credit Card excluded. Existing or previous Elements credit cardholders not eligible.  /  Offer subject to credit approval and may be taxable. Elements reserves the right to amend or discontinue offers at any time. Additional terms and conditions may apply. Please allow 4-6 weeks after qualifications are met for receipt of a statement credit. Product offers cannot be combined with other promotional offers for the same product. One offer per household.
  2. 2 Platinum and Cash Rewards Visa Credit Card Transaction Fees — Credit Card Balance Transfer: None. Credit Card Cash Advance: Up to 3% for each Cash Advance or a minimum of $5.00. Credit Card Foreign Transaction: 1% of each Foreign Transaction in U.S. dollars.