Anonymous
Anonymous asked in Business & FinanceCredit · 1 decade ago

best place to get a personal loan? bank or credit union?

Where is the best place to get a Personal loan? Should we try to get a loan from a credit union or bank? and what's the average score needed for one? Also I heard that if you join a credit union you get discounts towards buying a car through Gm and other perks!.

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  • Mel M
    Lv 6
    1 decade ago
    Favorite Answer

    In most cases, you're better off at a credit union. They have better rates and fewer fees than banks. In addition, if you are looking for a small loan, credit unions are more likely to offer this type of loan than banks. There are a few different types of personal loans available, so you would need to speak with someone at a credit union to find out which one would be best for your situation. Regarding the discounts toward buying a car through GM, yes, that's one of the perks credit unions can offer you.

    To find a credit union to join in your area, you can use the following website: http://www.creditunion.coop/cu_locator/index.html

    Hope this helps. Good luck!

  • 3 years ago

    1

    Source(s): Low Rate Personal Loans : http://PersonalLoans.ohfos.com/?yxu
  • 1 decade ago

    Credit Unions generally have a lower interest rate

  • ?
    Lv 7
    1 decade ago

    The best place is where you currently have your checking account. If you arrange with the lender to automatically withdraw the payment from the checking account they even reduce the interest on the loan.

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  • Anonymous
    1 decade ago

    i think its easy because

    Now days Banks are offering as like below

    """"Personal Loans upto Rs. 15 Lacs. Instant Approval. Apply Now! """

    """Fast Processing, Minimal Paperwork. Apply for Special Interest Rate Now!"""

    my proof is

    http://www.freewebs.com/get--loan

  • Anonymous
    1 decade ago

    "The Family"

  • 4 years ago

    Check out, please

    Source(s): CashQuery.com
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