New Contributor
darrell
Posts: 55
Registered: ‎12-09-2007
Dealership or Credit Union Loan

Hello all,

 

I was approved for 2.99% interest from the dealership and my local credit union. I have a savings account with my credit union.

 

1. Is it better to get loan from the credit union or the dealership finance companies?

 

2. If I choose the credit union for the loan and get into trouble making the payments, will they automatically take payments from the savings account?

 

Thanks,