Nicole Bernacik ~ Smart Auto Loans - UMCU

May 5, 2025 ~ Lucy Ann Lance is joined by Nicole Bernacik, Financial Specialist with The University of Michigan Credit Union for Money Monday. Nicole shares five tips for securing a smart auto loan, including checking interest rates with your credit union, considering insurance costs, and aiming for shorter loan terms. She also advised buying cars at the end of the year or month for better deals and comparing personalized interest rates within a short window to minimize credit score impact. UMCU is offering a promotion with a 4.5% interest rate and no payments for the first six months, providing financial flexibility for car buyers. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.