Hi everyone. My son is planning to get her very first car, was wondering if you know of any banks that offer low loan rates? Or is he better off with a credit union? Would appreciate your help a lot. Thanks!
Wed Dec 28, 2016 4:19 pm
Peppermint0406 Contributing Member
Cash: $ 8.85
Joined: 23 Feb 2016
I advise that if you do not have enough cash, it is better not to get a loan from banks. I got headache with that before due to high interest rates. But, then you may try a credit union. A friend got a great low interest rates.
Thu Dec 29, 2016 7:12 am
Kimberlie Broe Full Member
Cash: $ 17.60
Joined: 07 Jul 2014
I guess that makes sense. We have been checking out credit unions and the auto loan rates from California Coast are indeed lower than that of our local bank. I'll just have to see if he can get approved.