LA Financial Federal Credit Union auto loans lower than California average by 43%!

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For 85 weeks in a row as of August 2014, LA Financial Federal Credit Union auto loan rates have consistently been lower than the California average. Of the 690 lenders consisting of 9,538 branch locations in California that Datatrac researched, a 60-month new car loan at LA Financial Federal Credit Union was 2.40%, which is 43% lower than the state average rate of 3.37%. Based on the California market average, they have a total of eight auto loan rates that outperformed the market. Two of the top performing products are a 48-month new car loan that beat the average by 41% and a 36-month new car loan that outperformed the competition by 38%.

In addition to being the best rate at LA Financial Federal Credit Union, a 60-month new car loan will also save the most money. Over the life of a $25,000 loan, this rate would save $937 in interest payments compared to the California average for the same product. The longest term offered by LA Financial Federal Credit Union, per Datatrac's review, is a 72-month auto loan. This term saves $391 in interest when compared to the state average on a used car loan.

LA Financial FCU is a certified with a Datatrac Great Rate Award® based upon their exceptional rates for auto loans.  For more information about how Awards are determined and to learn more about certification, please visit http:/www.datatrac.net/GreatRateAwards.

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 100,000 banking locations in America.  Datatrac Great Rate Awards® certify that deposit and loan rates outperform the market average for comparable products.www.datatraccorp.com