I happened upon this video today on CNN. And lo and behold…Clark Howard – CNN’s Money Expert – is talking about getting the best deal for a car loan at a credit union. I’m biased, but I agree. Especially if you already have a car, and a car loan. I can’t speak for all credit unions, but here at MCCU, we are offering rates as low as 1.99% APR*, with 90 days NO PAYMENTS**. So if you have a used auto and are making payments, call us for a quote! We may be able to save you money each month. And who doesn’t like saving money?
You can also apply online for a fast response – and with no application fees to boot!
So listen to Mr. Howard – he is the Money Expert after all! Go to a credit union for your next car loan or refinance!
* APR=Annual Percentage Rate. Rates as of 01/01/12 and are subject to change at any time. Must meet credit and income criteria. Rate quoted is the preferred rate with a 24-month term. Subject to credit approval and membership eligibility. Sample Payment: $510.44 (based on 24 month new/used car loan, $12,000, 1.99% APR). Other rates and terms available. Restrictions may apply. Existing MCCU Auto Loans not eligible for refinancing. Membership required.
** Interest will accrue from date of funding.
As cars were first being introduced into California, there was no orderly way to track the vehicles or the owners until 1905. To keep track of all vehicles, the state required cars, bicycles, carriages, carts and similar vehicles to be licensed. However, the automotive industry used a different method to track their vehicles- Vehicle Identification Numbers (VINs). A VIN is a unique serial code that is assigned to every vehicle and was first used in 1954. They were typically placed on the driver-side door or at the bottom of the front windshield. Different manufacturers used different formats of VINs until 1981, when the National Highway Traffic Safety Administration required VINs to be 17 characters and must exclude the letters I, O and Q. By excluding these letters, any confusion with the numbers one and zero was avoided.
Whether you’re on vacation, at work or out running errands, you can use your internet-enabled phone or device to do your MCCU banking! With our new FREE Mobile Banking, you can:
Check balances and view account history and paid checks
Transfer funds
Make loan payments (consumer loans only)
Make payments using Bill Pay
Find a nearby branch or ATM (including Co-Op ATM and Shared Branch locations)
First, let me wish you all a happy and healthy New Year!
Did you know that in 2012, retail stores -including grocery stores- will no longer offer plastic bags? You’ll need to bring your own bags, or pay $0.10 per paper bag. If you have small children, did you know that unless they are at least 4’9″ or 8 years old, they still need to be in a booster seat or car seat? And have you ever quickly eaten your breakfast or put on make-up while driving to work? It’s not an official law, but you can get fined for that.
These are just a few examples of the new laws for Californians in 2012. Please check out this link for a more comprehensive list of all of the new laws for 2012 that may or may not apply to you. But you may know someone who may be affected, so I recommend you read it.
Remember to share this post with your friends and family so they are aware!
I originally posted this in December 2008. It’s a bit eerie, but not too surprising, that not much has changed in three years. But please read and on behalf of myself, and everyone at the Credit Union, have a safe and happy holiday!
Let’s face it. The economy stinks right now. But the holidays are upon us and we want to buy our loved ones gifts, entertain, and possibly even travel. As we saw by the recent events at various Wal-Marts and other locations on Black Friday, shoppers are really stressed out and are doing anything they can to get a good deal.
If you’re like most Americans, your shopping list is a mile long, your social calendar is full, yet your patience is thin and your budget is stretched to the max. So what can you do to achieve your holiday shopping goals and stay sane at the same time?
It’s started. The influx of holiday gift-giving television (and radio) commercials. Over the long Thanksgiving weekend, I think I saw at least a dozen commercials where someone buys a brand new car for their spouse – red bow and all.
Really?
Most of us can’t afford to buy a loved one a new car for the holidays, let’s get real. Especially a Lexus, Mercedes, BMW… However – there is something you can do for a loved one that involves a vehicle this holiday season. If they already have a car they love, or simply can’t afford a new car, talk to them about refinancing their loan! If their car is, let’s say, two years old – chances are their rate is fairly high, by today’s standards. If they refinanced at a lower rate, they may be able to save hundreds of dollars each month on their payments. What a wonderful gift, especially in this economy!
Don’t miss Northridge Hospital Foundation’s Festival of Trees, a three-day event where individuals and businesses can purchase, decorate, display and donate an artificial tree, wreath, centerpiece or handmade quilt for the Hospital’s silent auction.
Enjoy live entertainment in the Magical Music Land with carolers, live bands and dance acts. Stop by Santa’s Sweet Shop for hot cocoa, candy, fudge, cookies and other holiday treats. The event raises funds to help Northridge Hospital purchase lifesaving equipment, technology and to support programs for the Richie Pediatric Trauma Center.
Opening Night Thursday, Dec. 1
6:00 pm – Welcome & Reception
7:00 pm – Tree Lighting Ceremony & Silent Auction
21701 Prairie St., Chatsworth
Bid on exquisitely decorated trees, wreaths, centerpieces and quilts.
Tickets: $25. $15 presale before Friday, Nov. 18
For ticket sales information call (818) 885-5341 ext. 3
Festival Celebration
Friday, Dec. 2 & Saturday, Dec. 3
10:00 am to 9:00 pm
Entertainment & children’s activities, auctions on festival items.
Tickets: Adults - $5. Kids ages 3 to 12 – $3. Free for kids under 2.
It’s the holiday season and Child Care Resource Center (CCRC) is kicking off its Winter 2011 Book & Toy Drive to benefit 2,000 children in the San Fernando and Antelope Valleys.
It is hard to believe but there are close to 90,000 children, just in CCRC’s service area, currently living below the Federal poverty level. And, as a matter of fact, a greater portion of families and children live in poverty in America today than three decades ago. CCRC needs your help in making the holidays just a little brighter for some of these deserving children.
Bank Transfer Day – it’s not just for checking accounts!
Do you have an auto loan with another lender – a bank perhaps? Would you like to lower your monthly payment? Of course you would. We’ve all been so preoccupied with checking accounts and debit cards that auto loans are being neglected. If you don’t already know your rate/monthly payment on your car loan, definitely find out what they are. You could be saving money!
Click here to earn $25. With the (FI Name) Visa® Signature Rewards Card you receive 2,500 bonus points after the first use of your card. Use the points to redeem a $25 statement credit or brand-name merchandise and gift cards from popular retailers. Apply Now.
About the Blogger
Marnie Nemcoff is the Vice President of Marketing for Matadors Community Credit Union. She has worked in the banking industry since 1989, and has been with credit unions since 1997.
January 25, 2012 
Posted in Loans, Tips 
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