Quote Originally Posted by kevinb View Post
I have a pretty decent credit score for my age anyways. I wonder if they would be able to do that. They might not be able to though because I already have one personal loan out through them so I am not sure. Also aren't personal loans non-secured where as auto loans are secured which is why they are harder to get?


I will be stopping by the credit union tomorrow to talk to them and see what my options are but I want to be mentally equipped for everything.

I actually like the idea of being able to have the personal loan if I can because if I can get the car cheap enough I want to be able to get about $3-500 more so I can get some summer tires for it since it's sitting with studded snows on right now.
Personal loan has a higher interest rate, but there are catches to auto loan. If I'm not mistaken there is a 5 year or it may be 10 to where nobody will give you an auto loan if the car is older than that. I think it's 10, but just another thought for you. The car and personal loan are generally non-secure, meaning you don't have to put anything valuable in case you don't finish through with the payments. I think secure loans have a lower interest rate. Either way though, good luck.