Whether you are planning to buy a used car or a new one, you would need finances to go ahead with the purchase. In such a situation opting for an auto loan from financial institutions is one of the best choices. In Texas, we at Greater Central Texas Federal Credit Union help you in securing a low interest auto loan. Some of the reasons that make us the best source for auto loans are stated below:

• Lower Rates of Interest: The biggest benefit of taking auto loan from our credit union is that we offer the lowest interest rates as compared to other banks and financial institutions in the area. These banks and financial agencies offer lucrative discounts and bonuses to their customers to sell their products and schemes; however, we have non-sales approach and work only for our members. Thus, all profits from members are returned back to them in the form of lower interest rates on saving accounts and loans.  Our auto loan options are more flexible.
• Quick loan approvals: It is often seen that banks turn down the loan offers looking at your credit history; whereas, you are at advantage while taking loan from our credit union as we can make adjustments that commercial banks often do not make. The complexity of underwriting process and loan applications processes are similar. Greater Central Federal Credit Union offers adjusting terms to the members and makes it easier for them to avail loan facility.
• Work best in your interest: We are a non-profit organization that offers financial options to all our members. This makes us offer highly focused and satisfying customer services. We provide personalized services and this gives you an opportunity to discuss your concerns openly. According to your needs, we offer you flexible repayment options and our professionals review your financial situations. You will not feel the stress and pressure of applying for loan that you normally feel with banks and other commercial financial agencies.
• Unbiased help: Our credit union has resources to offer unbiased answers to all your queries. Whether you want to know about the loan process, or want to know how to calculate the real value of your car, we can help. We do every effort to help you take a better decision.

For more information, visit us at Greater Central Texas Federal Credit Union. We are located at 3305 E Elms Road, Killeen, TX 76542. You can also call us at (254) 690 – 2274.

Looking for the right financing option while buying a new or used car can be a daunting process, especially with dealerships doing all that’s in their might to make their financing programs sound highly attractive. However, if you are looking for a cheap auto loan, it is highly advisable to get started at your local credit union, where there are high chances of getting the best auto loan rates. The Greater Central Texas Federal Credit Union serves multiple locations across Central Texas, and can help you to get the lowest used car loan, as well as attractive rates on new cars. We have been serving Central Texas since our establishment in 1957, and ensure that we provide the best deals to our customers.

Below is a list of the top reasons to get a car loan from a credit union:

• Credit unions are more likely than a commercial bank to consider personal financial issues such as a mediocre credit or previous credit issues. Even though credit unions essentially follow the same process for a loan application and approval, they offer a greater degree of flexibility, making them more customer-friendly.
• The interest rates at a credit union are typically much lower than those at other financial institutions, which equates to substantial long-term savings for the borrower.
• Being non-profit organizations, credit unions are member-oriented, which is why they offer a high degree of personalized attention, providing members with the best possible customer service. Since a group of volunteer board members is responsible for making all operation decisions, the members of the credit union have a greater say in how the credit union works.
• Credit unions provide their members with useful educational resources that can help them to make the right financial decisions when assessing the value of their car purchase. Credit unions help you to look beyond the dealership value of the car, into a clear assessment of the car’s real value.
• Credit unions follow a non-sales approach, contrary to commercial banks which grant bonuses and compensations to employees for loans that get approved. On the other hand, all the proceedings gained from credit unions are returned to the members in the form of lower rates and flexible loan options.

To learn more about the membership requirements, and used/ new car loans at Greater Central Texas Federal Credit Union, contact us at (254) 690 - 2274.