Originally Posted by Moxie
I'm a member of PenFed but if your retired military or recv'd a Bronze Star/ Purple Heart or better, Service Credit Union beats their auto loan rate. SCU takes an additional 1% off their advertised rate if you fall into one of these catagories. It may be worth looking into.
There is no penalty for paying the loan off early.
I'm a member of Service Credit Union and happy to be. Got a better auto loan rate through them and as you said, payed off the loan early with no penalty. The process of securing the loan literally took 10 minutes from start to money in checking account.