WINSTON-SALEM, N.C. — Truliant Federal Credit Union is helping its members get more out of their cars and their loans by launching a fuel-efficient auto loan.
Since the price of gas began to spike, many credit unions and car dealerships have been offering loan deals on hybrid cars. Truliant aimed to go the extra mile with its loan by offering members savings not just on hybrids but any new or used car that gets 29 miles per gallon or more (highway), according to FuelEconomy.gov or the manufacturer's sticker.
"The whole purpose of the loan was to acknowledge our members sensitivity to gas prices," said loan creator Troy Martens, vice president of consumer and real estate lending. "We wanted to find a solution for members that wanted to move from cars that get low gas mileage to cars that get higher mileage."
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