Space Coast Credit Union recently announced the winner of its recent Auto Finance Sweepstakes.
Presley D., a resident of Vero Beach, Fla., was randomly selected to win the grand prize, a full year of no car payments. The grand prize will be awarded as a lump sum dollar amount equivalent to 12 months of payments, according to a CUToday article.
SCCU conducted the sweepstakes from Oct. 15, 2019 through Dec. 31, 2019 to generate awareness about how consumers can save monthly on their auto loans by refinancing them for a lower interest rate, longer term, or both. Participants were automatically entered into a random drawing when they refinanced their auto loan during the promotion. There was also a “no purchase necessary” entry option.
Almost 1,500 people participated in the sweepstakes when they refinanced their auto loan from another lender to SCCU, totaling more than $38 million in new loans. Presley was selected as the sweepstakes grand prize winner in a random drawing.
For more information, read the full CUToday article here.
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