PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Is a credit union the best place to get a car loan?
My family told me the best place to get a car loan is at a credit union. Is this true? If so, why?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The reason that a credit union can offer great rates is that it’s a nonprofit organization. Credit unions don’t answer to shareholders or corporations. Instead, they focus on catering to the needs of their members above all else.
To qualify to become a member, ask the credit union what’s required for membership. Requirements may include:
- Living within a certain geographic location
- Being a member of a union or other organization
- Working at a particular company
While you should still shop around for rates with banks and other lenders, credit unions just might have the best rates for your budget.
While you’re shopping around for car loans, make sure you’re using the free-to-download
Jerry
app to find the best prices for all your car insurance needs!View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
.jpg&w=64&q=75){kind=avatar}
What Others Are Asking
Browse More Content
Car Repair Resources
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
