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Five Reasons to Shop at a CU for Car Loans

by Ken Anderson | Apr 23, 2013
Consumers looking to finance a new or used vehicle would be wise to turn to their credit union, financial columnist Sabah Karimi advises US News My Money readers.

Consumers looking to finance a new or used vehicle would be wise to turn to their credit union, financial columnist Sabah Karimi advises US News My Money readers.

In Karimi’s April 22 column, she asks Credit Union National Association Senior Economist Mike Schenck why consumers would be better off choosing a credit union over a commercial bank. Schneck offered five reasons:

  1. You have a better chance of having your loan approved
  2. Lower rates
  3. Personalized service
  4. Educational resources readily available
  5. Non-sales approach

Click here to read the article.