Should you get a car loan through a credit union?

first_img 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Studies on consumer auto financing show most buyers prefer to get their car and truck loans directly from auto manufacturers – mostly because they can cut a better deal, dollar-wise.But the next preferred landing spot for auto finance consumers isn’t big banks – it’s credit unions.For example, a new study from Wallet Hub shows that vehicle consumers “should start their search for financing with car manufacturers,” where they’ll find lending rates that are 44% below the industry average. Credit unions should “be next,” Wallet Hub reports, with lending rates 21% below industry average. Meanwhile, big bank auto lending rates are 10% above the industry average, while regional banks offer loans that are 25% higher than the industry average.Maybe that’s one reason why credit union membership is growing so fast, as U.S. credit unions have added 4.6 million members in the past year (through June 2017), according to the Credit Union National Association, based in Washington, D.C. Credit unions had a grand total of 111.7 million members at the end of June, and continue to grow. continue reading »last_img read more

WARNING: TELEPHONE SCAM IN OPERATION BY CON ARTISTS PRETENDING TO BE FROM REVENUE

first_imgWARNING: Homeowners are being warned about a telephone scam currently in operation by a group of con artists claiming to be from the revenue department.A Donegal Daily reader contacted us earlier this afternoon and asked us to make readers aware of the scam currently in operation.The bogus callers were claiming to be from the revenue department and were enquiring about an outstanding bill that they claimed hadn’t been paid. The homeowner involved who tipped us off about the scam – and who wishes to remain anonymous told Donegal Daily, “My girlfriend received a phone call today from someone claiming to be from revenue!“He stated that she owed them €975 and was facing court proceedings.“He said he had her file and it was dating from 2008-2013 and that she had ignored letters sent out to her -when she asked what address they had for her, he ignored her and kept demanding the money to be paid.“She again asked what address they had and he gave her an address that she has never lived at. “She then asked him what her full name was and the caller hung up.It is believed the caller spoke with a foreign accent and was calling off a Dublin based landline.The homeowner contacted Gardaí who said they are following up on the information given in the hope of nabbing the con men.Revenue representatives have previously warned customers about the risk of scammers attempting to trick people into disclosing their personal information over the phone.Gardaí are warning people to be vigilant in an effort to combat the efforts of these bogus callers. WARNING: TELEPHONE SCAM IN OPERATION BY CON ARTISTS PRETENDING TO BE FROM REVENUE was last modified: October 14th, 2015 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:newslast_img read more