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IChicago TribuneI Dont overlook CUs for financing
CHICAGO (2/23/09)--Consumers looking for hard-to-find credit in today’s economy should make sure not to overlook credit unions as a source for financing, according to a Chicago Tribune column Friday. The item also appeared in Sunday's Los Angeles Times. For those among the 90 million people who belong to a credit union, there may be mortgage money available for loans, columnist Lew Sichelman wrote. “Credit unions tend to be overlooked by borrowers, largely because they don’t employ a stable of loan officers, and real estate agents rarely recommend them to their clients,” Sichelman wrote. “In other instances, many members are simply unaware that their credit unions are in the mortgage business.” He also mentions how consumers can use the credit union locator to find credit unions. See the link.
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