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New College Graduate Program

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

Apply for an Auto Loan Apply 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.


  • 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


  • 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


  • 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)
New & Used 2023+ 6.79% 7.17% $721.09 48
Used 2021-2022 6.94% 7.32% $723.21 48
Used 2019-2020 7.44% 7.82% $730.28 48
Used 2017-2018 8.19% 8.57% $740.96 48

Rates effective March 14, 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 vehicle models 2016 and prior.


  • 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  14.24%
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 14.24% for Platinum Visa. Rate effective March 1, 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.

How does an Auto Loan work?

A young man sitting behind the wheel of a car.

We will loan you the money for a new or used vehicle, and you will pay it back with interest over a specified period of time. It doesn’t matter if you buy your vehicle from a dealer, an auto lot, or an individual.

It’s good to plan ahead by getting preapproved for your Auto Loan. That way you can have a better idea of what price range you should be shopping for. Being preapproved also gives you good negotiating power with the seller.

Elements can finance up to 120% of your car’s value, including tax and license. It’s a good idea, though, to put down at least 20% of the purchase price. Of course, the more you pay up front, the lower your monthly payment will be.

We understand car shopping can be a bit overwhelming. Never fear! We have partnerships that can make the process easier for you.

Get Preapproved Learn More about Auto Loans

What are the advantages of the Elements Platinum Visa®?

Woman in the produce department looking at her phone.

The Platinum Visa has our lowest interest rate, and you get a $200 cash bonus just by using your card.1 This credit card also has no late payment fees, no international transaction fees, no balance transfer fees, and no annual fee.2 That means you can use the card anywhere Visa is accepted with peace of mind that you won’t incur any unexpected fees.

Platinum Visa features a 0% introductory APR for 6 months on purchases and balance transfers. After the introductory period, there is a variable annual percentage rate of 14.24%.

Elements Platinum Visa holders also enjoy the following features when using their card:

  • Chip card technology
  • Fraud alerts
  • Transaction alerts
  • Auto rental collision damage waiver
  • Cardholder inquiry service
  • Emergency card replacement
  • Emergency cash disbursement
  • Lost or stolen card reporting
  • Purchase security 
  • Zero Liability policy
  • Roadside dispatch
  • Travel and emergency assistance services
  • Travel accident insurance (covering up to $100,000)

Apply Now

How do I apply?

A screenshot of our online application.

3 Easy Steps to Apply

  1. Apply online - You can apply online in as little as 15 minutes! Submit your application online for an auto loan and/or the Platinum Visa credit card anytime or call 1-800-621-2105 to get started. Have ready your government-issued ID (driver’s license, state ID, or passport) and proof of residence.
  2. Take our call - We'll contact you within one business day after you submit your application to go over what documentation we'll need and to answer your questions. If you’re applying for the auto loan, we’ll ask for your vehicle’s value, make, model, year, mileage, and VIN if not provided on the application.
  3. That’s it! - We'll contact you with a decision within one business day. Once your application is approved, we’ll contact you to sign documents and your loan or credit card will be ready to use!

Apply Now

  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.