Understanding Auto Loans

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When purchasing your next car, it's important to understand the entire cost and duration of your loan and to get all the facts, upfront, so you can make the decision that best fits your life.

Ready to Learn More?

Watch our Understanding Auto Loans module. It's quick and easy. Simply click the yellow button at the bottom of this page. You'll then see the "Understanding Auto Loans" page. To start watching, simply click the orange "play" button. This video will include helpful information about auto loans, such as:

  • How are auto loans financed?
  • How long are the terms of the loans?
  • What's the difference between a fixed rate loan and a variable interest rate?
Tips

Once you've started the module, you can see captions, adjust volume and pause the module by using the controls at the top right of the screen. You can also select the transcript button to see all of the content from the module.

Check out the Understanding Auto Loans Module Now

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Happy couple using Union Plus Auto Buying Service
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Union members and their families save with Union Plus Auto Buying Service
Summary

So, you’re ready to buy a new car. But, you have to figure out the best loan for your needs. Don't worry, we've partnered with Everfi, Inc. to help you understand the process! 

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Our Partners at Everfi