Slick Daddy

Review of Reliable Credit Assn Inc

The only reason why someone would finance anything...

The only reason why someone would finance anything through Reliable Credit Union is because they have damaged credit... HELLO!!! That's me.

So I currently have 2 vehicles financed through them because litterally no other union would take a chance on me. It's my own doing, I have seen the error of my ways and I am actively working to improve myself. One vehicle has been financed with them for about a year and the other for about 6 months and I have had no major issues with Reliable Credit Union thus far. Every time I call to make my payments and I pay both vehicles at once. Theyve never penalized me for anything theyve ever messed up because theyve never messed anything up for me yet.

The downsides with financing through this company are going to be evident right off the bat and that's the insanely high interest rates that they will quote you. I'm talking 21 percent or more easy!!! Also, I dont know if they do extended finance plans on their loans, I financed 1 of my cars for 4 years and the other for 3 years both of which have no cosigner. One was 11k and the other 5k. Maybe if you're vehicle costs more then theyll do 6 or 8 year plans but expect higher monthly payments either way.

Would I continue to finance through Reliable credit Union in the future? Unless they can give me lower rates... probably not (unless it's still my only option). Also, even if they did I'd much rather be associated with a more reputable Union than a union associated financing those with poor credit (if any other reputable union would take me on).

I have not asked for a lower rate or to extend out my payment plan maybe 2 more years but I would like to do that. I may give them a call and see what they can offer me. I've never missed a payment and always paid in full so I should see no reason for them to not at least come up with some type of offer for me.