Tuesday, July 8, 2014

LA Financial Federal Credit Union auto loans beat California average by 42%.

GRA_Logo_Tagline_Left_SpaceFor 77 consecutive weeks as of June 2014, LA Financial Federal Credit Union auto loan rates have consistently been lower than the California average. Of the 690 lenders representing 9,516 branch locations in California that Datatrac researched, a 60-month new car loan at LA Financial Federal Credit Union was 1.90%, which is 42% lower than the state average rate of 3.28%. LA Financial Federal Credit Union has eight total products that outperform the California average, including a 48-month new car loan and a 36-month new car loan which beat the market by 40% and 38%, respectively.
Not only is LA Financial Federal Credit Union's 60-month new car loan their best rate, it will also save the most money. This rate would save $915 in interest payments over the life of a $25,000 loan when compared to the California average for the same product. The longest term included in Datatrac's analysis for LA Financial Federal Credit Union is a 72-month auto loan. This term saves $361 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.

Click here for to see how much you can save.


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