cancel
Showing results for 
Search instead for 
Did you mean: 

Auto loans? The savior!

tag
mrinal
New Contributor

Auto loans? The savior!

So far I have been driving old cars. In near future I would like to drive a brand new car. Definitely I will have to apply for auto loans. That is why I want to start relationship with some financial institutions such as banks. Which financial institutions grant the best auto loans? Which ones do I need to start relationship with?

3 REPLIES 3
pinkandgrey
Senior Contributor

Re: Auto loans? The savior!

That's kind of a difficult question to answer as we don't know your specifics/where you're located/what affiliations you have etc. Generally speaking, credit unions are going to be your best bet. 

 

Good luck! 

Discover It: 26.5k
Amex Cash Magnet: 24.4k
Fidelity Visa: 21.5k
Apple Card: 13k
CapOne Venture X: 10k
Message 2 of 4
cashorcharge
Community Leader
Super Contributor

Re: Auto loans? The savior!


@pinkandgrey wrote:

That's kind of a difficult question to answer as we don't know your specifics/where you're located/what affiliations you have etc. Generally speaking, credit unions are going to be your best bet. 

 

Good luck! 


THIS!!!!!

Look into some of the larger national CU's for the best rates and largest footprint

Message 3 of 4
dunn2500
Established Contributor

Re: Auto loans? The savior!

DCU, pen fed, navy, etc........as well as local ones in certain states may even beat these giants, your score and history will play the biggest role and rates are soaring

 

was in a similar situation a few years back (i had no credit score whatsoever) and a 17% loan on a truck that i got out of fairly quickly into rates that are proper, overall its when my scores skyrocketed that i received the lowest rates.....dealerships have beat my credit unions twice since then so it just depends on who wants the loan bad enough

Message 4 of 4
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.