How can I join a credit union to refinance my car?
"My current car loan rate is 9.99%, and I think I can find a lower rate from a credit union.
I know you have to meet certain requirements to join one.
How can I join a credit union to refinance my car?"
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Answered on Jun 17, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“You’re right. To join a credit union, you do have to meet certain membership requirements, but these will vary from one credit union to the other.
Sometimes you have to live in a certain ZIP code while other credit unions have more lax rules for membership.
Regardless of which credit union you join, you’ll have to deposit somewhere between $5 and $50 in a savings account and maintain this balance to keep your membership.”
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