Credit unions provide more benefits than banks. It is this version and their avoidance of unnecessary high-risk approaches that permit them to offer much higher benefits to their members.
Normally, their rates of loans are easily the very best, and going buying a home or car with no will probably cost you cash. Click over here to get the best credit union services.
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Another advantage is that credit union credit card interest rates are capped at 18%. By contrast, banks can charge whatever they want, with no limits.
Many bank customers who have never been late and never missed a payment have been finding their rates raised to or near the default rate, close to 30%. The worst rate currently offered is 79.9%. Even the average rate currently offered by banks is around 17%.
If customer service is important to you, credit unions also have a significant advantage in that respect.
Recent surveys have shown that most bank customers are unhappy with the quality of service they are receiving, whereas a large majority of credit union customers are satisfied.
Other services vary but are available. For example, you may be able to obtain legal services, get discounts on insurance, or get free credit reports. It is the best choice.