Submitted by Cool_Ad5407 t3_zzn7bx in personalfinance
BouncyEgg t1_j2clhxr wrote
Depends on what you're talking about.
But generally untrue.
Just like bank loyalty doesn't really matter.
There exists products where you deposit a certain sum of money to collateralize a loan. But that is unlikely what you are referring to.
Cool_Ad5407 OP t1_j2cnk5c wrote
For example I'm keeping some cash inside a navy federal credit union so in the future it will contribute to me getting a good loan from them
BouncyEgg t1_j2co1ka wrote
That won't matter one single bit.
Cool_Ad5407 OP t1_j2cojr8 wrote
Good to know thanks
AdditionalAttorney t1_j2djeak wrote
It won’t matter for the terms of the loan offered. It could speed up the underwriting bc they already have access to certain information
jeanzandpearlz t1_j2dr9s5 wrote
Generally speaking, with a credit union, you do need to have an account or be a member to secure a loan with them.
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