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Credit unions often offer lower interest rates on car loans and tend to be more flexible with borrowers who have poor credit. Credit union auto loans work like auto loans from other lenders but often have lower interest rates. You generally must become a member to get a credit union auto loan. Credit union auto loan types ... MSN: The average car payment is now $770/month — could a credit union's lower rate save you, or is the longer loan quietly costing you more?
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