Charter One Auto Loan. On September 1, 2004, Charter One Auto Finance became part of the Citizens Financial Group, Inc. family of companies. Effective November 6, 2004, all Charter One Auto loans were changed over to Citizens Automobile Finance, Inc.

Charter One Auto Finance
On September 1, 2004, Charter One Auto Finance became part of the Citizens Financial Group, Inc. family of companies. Effective November 6, 2004, all Charter One Auto loans were changed over to Citizens Automobile Finance, Inc. For automated balance information on your auto loan, or to speak with a Customer Service Specialist, please call 1-877-265-3278 toll free anytime beginning November 8, 2004.

Charter One Helpful Definitions
Term: Number of months for the auto loan.

Purchase price: The amount, before taxes and fees, that you are paying for this Charter One auto loan.

Auto loan interest rate: Annual percentage rate for the auto loan.

Cash down: Check this to have your total down payment be a specific cash amount. This money will be used for fees and your down payment.

Percent of purchase price: Check this to put a percent of the purchase price as your cash down. This money will be used for fees and your down payment.

Trade allowance: Total dollar amount given to you for auto trade-in.

Amount owed on trade: Total Charter One auto loan balance still outstanding on the trade-in.

Fees: Fee charged for title transfer. Also include any other fees that may be due at delivery.

Sales tax rate: Sales tax percentage rate charged on this purchase.

Home equity interest rate: Annual percentage rate for the home equity loan.

Home equity closing costs: Any additional costs to the home equity loan. This should include any appraiser fees, points paid or other misc. fees.

State and Federal tax rates: Your state and federal marginal income tax rates. These rates are used to determine the tax savings associated with a home equity loan.

No sales tax deduction for trade-in: If you live in a state where your sales tax is calculated on your full purchase price check this box. If this box is unchecked sales tax is calculated on the purchase price less trade in. Currently California, the District of Columbia, Hawaii, Maryland, Michigan allow no deductions for trade-ins when calculating sales tax. In addition, Alaska, Delaware, Montana, New Hampshire, and Oregon have no sales tax on autos.

For more Charter One auto loan information refer to the two Charter One and Citizens Bank weblinks found at the top right of this page.