Both my friends and family have told me that I can get the best car loan rate at a credit union. The problem is that credit unions are everywhere. What’s the best credit union for a car loan?
. Generally, the credit union that gives you the best rate is the best option for a car loan. However, you have to meet basic membership eligibility requirements to get a car loan at a credit union.
Credit unions use a variety of factors to determine eligibility, including:
Geographic location
Certain employers
Family member of a credit union member
Military or other types of organizations
Membership in a particular group (church, labor union, etc.)
If you qualify for one of these groups, you can probably get a better car loan rate than you’d find at a bank or third-party lender. But the only way to make sure is to shop around. And while you’re doing so, you may as well do the same for your
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