More than 600 members of State Employees' Credit Union have made shopping for a used car significantly easier with the credit union's Auto Power loan program, the cooperative said.
The loan pre-approval program provides members with a check up to a certain amount of money to use towards the best deal on a car, according to Stacie Walker, SVP at the $28.6 billion SECU in Raleigh, N.C.
"By the time they come into a branch, most of our members already know how much they want to spend on a car or what they want their monthly payment to be or both," Walker explained. "Auto Power lets them get into a car without having to come back into the credit union."
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