Originally posted by: RossMAN
Originally posted by: MrsSkoorb
How easy is it to get into a credit union and why are they considered better?
Credit Unions are considered better because they are owned by the members and are local instead of huge corporate banks. CU's tend to offer better customer service, are more likely to approve a new loan and most importantly they have some of the best interest rates out there.
The downside is most CU's don't offer membership to just anyone. There's a CU here in downtown Portland, OR which says it's only stipulation is that you work in the downtown area and that's it.