Top 5 Tips for Getting the Best Auto Loan Rate
Top 5 Tips for Getting the Best Auto Loan Rate The interest rate on your auto loan has a bigger impact on the total cost of your vehicle than most buyers realize. On a $30,000 loan over 60 months, the difference between a 5% rate and an 8% rate is nearly $2,500 in additional interest. Getting the best rate available ...
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How Pre-Approval Can Speed Up Your Car-Buying Process
Shopping for a new or used car is exciting but can also be overwhelming if you’re unprepared. One of the smartest ways to streamline the process is by getting pre-approved for an auto loan before you even set foot in a dealership. Pre-approval gives you a clear picture of what you can afford, strengthens your negotiating power, and saves you ...
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The Complete Guide to Financing Your Next Car
Financing a car can feel overwhelming, but it doesn’t have to be! Whether buying your first vehicle or upgrading to a new model, understanding the process can make all the difference. People Driven Credit Union is here to guide you every step of the way with affordable auto loan options, expert advice, and a commitment to helping you drive off ...
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Why Credit Unions offer Better Auto Loans
Why Credit Unions Offer Better Auto Loans When it is time to finance a car, most people go straight to their bank out of habit. It is familiar, it is convenient, and it feels like the obvious choice. But for most Michigan car buyers, a credit union will offer a better deal on an auto loan than a traditional bank, ...
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One-Time Holiday Skip-a-Payment!
The holiday season brings extra expenses. People Driven Credit Union is giving eligible credit card holders the opportunity to skip their December minimum payment and keep a little more cash in their pocket when they need it most. How the Holiday Skip-a-Payment Works If you are eligible, you will see a notification on your November credit card statement letting you ...
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Personal Loan vs. Credit Card: Which Is Better for Big Purchases?
Personal Loan vs. Credit Card What Is a Personal Loan? A personal loan is a lump sum of money that you can use to finance a variety of purchases. It’s repaid to the lender in fixed monthly payments, usually over 1 to 7 years. Your credit score will determine the interest rate and terms. Your daughter just got engaged. ...
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Stay Safe While Traveling: Cybersecurity Tips for Holiday Season
Traveling for the Holidays? Here’s How to Keep Your Data Safe As the holiday season approaches, many of us are gearing up for travel. While packing and planning, cybersecurity might not be at the top of your mind—but it should be! With public Wi-Fi networks and charging stations widely available at airports, hotels, and cafes, it’s essential to stay aware ...
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Blessings in a Backpack Food Drive
Who Will Feed the Kids This Weekend? Food Drive from November 1-30, 2024 We believe in community support at People Driven Credit Union (PDCU), especially when fighting hunger. We’re excited to participate in the Blessings in a Backpack Who Will Feed the Kids This Weekend? Food Drive from November 1-30, 2024. Because hunger doesn’t take a break on the weekends, we ...
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Beware of Card Declined Scams
Card Declined Scams on the Rise In the digital age, threat actors, cybercriminals looking to steal your financial information, have become more sophisticated than ever. These criminals have been creating fake advertisements that lure unsuspecting shoppers with “too good to be true” deals for years. Once a person tries to make a payment for a fake product or service, their ...
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Exploring Adjustable-Rate Mortgages for Your New Home
What Is an Adjustable-Rate Mortgages? An Adjustable-Rate Mortgage (ARM) starts with a fixed interest rate for a set number of years, then adjusts periodically based on market conditions. People Driven Credit Union offers two ARM options for primary residence purchases and refinances. 7/1 ARM: Your interest rate is fixed for the first seven years. After that, it adjusts once per ...
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