February 3rd, 2010
#9 Credit unions cannot serve the general public. People qualify for a credit union membership through their employer, organizational affiliations like churches or social groups or a community.
#10 Credit unions exist to help people, not make a profit. Every member counts and members are very loyal for this reason. Credit unions are there for members through good and bad times.
AutoTrek is contracted by over 25 Colorado Credit Unions as their preferred Auto buying service. We help credit union members find the vehicles their looking for, new or used, we help them negotiate a great price and we take care of the financing with the credit union.
Tags: AutoTrek & Credit Unions, AutoTrek contracted by Credit Unions, Check out AutoTrek
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January 29th, 2010
#7 Credit unions work with other credit unions to provide a network of free ATMs and Shared Branches nationwide.
#8 Most credit unions still make unsecured loans where as most banks no longer make small personal loans.
AutoTrek is contracted by over 25 Colorado Credit Unions as their preferred Auto buying service. We help credit union members find the vehicles their looking for, new or used, we help them negotiate a great price and we take care of the financing with the credit union.
Tags: AutoTrek & Credit Unions, AutoTrek contracted by Credit Unions
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January 26th, 2010
#4 Credit Unions usually offer onsite education sessions to their members at no cost. Topics include but are not limited to Budgeting, Identity Theft, and Credit Report Information.
#5 Credit Union membership is a lifetime benefit. Once a member you are always a member, even if you move or change jobs.
#6 A members immediate family are also eligible for credit union membership.
AutoTrek is contracted by over 25 Colorado Credit Unions as their preferred Auto buying service. We help credit union members find the vehicles their looking for, new or used, we help them negotiate a great price and we take care of the financing with the credit union.
Tags: Auto Broker, AutoTrek & Credit Unions, Check out AutoTrek
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January 20th, 2010
#1 Credit Unions are member-owned not-for-profit financial institutions. Since credit unions are non-profit financial institutions, any excess earnings are returned to the members in the form of higher deposit rates, lower loan rates, lower fees, and free or no cost services.
#2 Members share ownership of the credit union, and have a voice in how the credit union operates.
#3 The Board of Directors for a credit union are all volunteers elected from the membership by the membership.
AutoTrek is contracted by over 25 Colorado Credit Unions as their preferred Auto buying service. We help credit union members find the vehicles their looking for, new or used, we help them negotiate a great price and we take care of the financing with the credit union.
Tags: AutoTrek contracted by Credit Unions
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January 8th, 2010
Black ice is a very simple way to describe slippery and dangerous road conditions. It gets the name from a layer of ice that covers a section of road and is transparent due to freezing without very many air bubbles and appearing the color of the material beneath it, which is usually black asphalt.
At low temperatures (below 0°F/-18°), black ice can form on roadways when the moisture from automobile exhaust condenses on the road surface. Salt’s ineffectiveness at melting ice at these temperatures compounds the problem. Black ice may also form even when the ambient temperature is several degrees above the freezing point of water 0°C (32°F) if the air warms suddenly after a prolonged cold spell that leaves the surface of the roadway well below the freezing point temperature.
Always beware of the black ice! Bridges and overpasses can be especially dangerous, and accidents occur very quickly.
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January 6th, 2010
What HURTS Your Credit Score?
- Missing payments – regardless of the amounts. It takes 24 months to restore credit with one late payment
- Credit cards at capacity (or maxed out)
- Shopping credit excessively
- Opening numerous trades in a short period of time
- Having more revolving loans in relation to installment loans
- Having access to too much available credit
- Borrowing from finance companies
What HELPS Your Credit Score
- Pay down the balance on credit cards
- Continue to make payments on time (older late payments become less significant with time)
- Slow down on opening new credit accounts
- Acquire a solid credit history with years of experience
- Moving revolving debt (credit cards) to installment debt (fixed term loans)
It’s never too late to start improving your credit! AutoTrek Consultants have tools to help you get started and achieve your next vehicle purchase.
Tags: AutoTrek Consultants
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December 29th, 2009
Your credit score is broken down into 5 parts:
- Past Credit History & Payment Habits
- Credit Capacity
- Time since you established your credit
- A mix of credit between installment loans and revolving credit
35% - Past Credit History & Payment Habits – If you haven’t always paid your bills on time don’t worry – the majority of your score is based on the last 12 months. Within a year, a regular payment history will help you improve your score.
30% - Is based on your credit capacity or the amount of credit you have access to, but don’t use. For example, if you have a credit card with a $5,000 limit, but you have a balance of only $500, you demonstrate the ability to hold credit while using self-control.
15% - Is based on the length of credit or the amount of time since you established your credit.
10% - Is based on the amount of debt you’ve accumulated in the past 12 to 18 months including the number of times you’ve inquired about credit (applying for credit cards, department store credit, auto financing…etc.), and the date the new credit was opened.
10% - Is based on a mix of credit between installment loans (personal loans for a fixed amount) and revolving credit (credit cards with reusable lines of credit). The number of finance company loans also affects your credit, the more finance company loans, the lower your score.
Tags: Credit Capacity, Credit Score, debt accumulated, installment & revolving credit, Past Credit History
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December 21st, 2009
A good credit rating is essential for borrowing the money you need for personal loans, mortgages, new/used auto financing and all of your financial needs. The more you understand your credit score, the better you will be able to improve upon it and keep it positive.
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November 23rd, 2009
AutoTrek provides members with unbiased assistance and unparalleled savings on any make or model of new and used vehicle. This unique and personalized service allows members to purchase with confidence. By not being tied to dealerships, manufactures, or financial institutions We are able to find the vehicle you want at a lower price, and give you more money for you trade-in. We also have more options for financing your vehicle unlike most dealerships.
Saving Our Members Time & Money – Using the combined buying power of its dealers to sell new and used vehicles at fleet prices. Our sophisticated database of new and used dealer inventory allows AutoTrek to find the right vehicle for our members quickly and efficiently, saving both time and money.
Information Services – AutoTrek provides members with FREE information to research their next vehicle purchase. NADA “Blue Book” quotes, new vehicle invoice quotes, vehicle performance and fuel economy ratings, plus safety and dependability ratings are just a sampling of the resources available.
Member Discount Service – AutoTrek provides members with discounts on all things automotive such as parts, mechanical repair and vehicle accessories.
Tags: Auto Broker, Member Discount Service
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November 17th, 2009
AutoTrek Winter Checklist
AutoTrek understands that winter driving can be hard on both you and your car. The combination of snow, ice, and other drivers present a number of challenges during winter months. One way to help your winter driving situation is by making sure your vehicle is safe, and keeping important items in your vehicle so you are prepared for the worst!
- Check Battery
- Check Coolant
- Get a Tune-up
- Fix Leaks
- Check Wipers
- Fill Your Tank
- Fill Washer Fluid
- Go Slow
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- Carry Sandbags
- Know Your Car
- Get Snow Tires
- Carry Supplies
- Check Rear Defrost
- Have a Phone
- Tire Chains
- Clean Off Your Car
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*Always keep your Emergency Roadside Assistance number available. If you are a member of the AutoTrek Auto Club the number is 800.745.5791
AutoTrek Driving Tips
Driving safely on icy roads
- Decrease your speed and leave yourself plenty of room to stop. You should allow at least three times more space than usual between you and the car in front of you.
- Brake gently to avoid skidding. If your wheels start to lock up, ease off the brake.
- Turn on your lights to increase your visibility to other motorists.
- Keep your lights and windshield clean.
- Use low gears to keep traction, especially on hills.
- Don’t use cruise control or overdrive on icy roads.
- Be especially careful on bridges, overpasses and infrequently traveled roads, which will freeze first. Even at temperatures above freezing, if the conditions are wet, you might encounter ice in shady areas or on exposed roadways like bridges.
- Don’t pass snow plows and sanding trucks. The drivers have limited visibility, and you’re likely to find the road in front of them worse than the road behind.
- Don’t assume your vehicle can handle all conditions. Even four-wheel and front-wheel drive vehicles can encounter trouble on winter roads.
If your rear wheels skid…
- Take your foot off the accelerator.
- Steer in the direction you want the front wheels to go. If your rear wheels are sliding left, steer left. If they’re sliding right, steer right.
- If your rear wheels start sliding the other way as you recover, ease the steering wheel toward that side. You might have to steer left and right a few times to get your vehicle completely under control.
- If you have standard brakes, pump them gently.
- If you have anti-lock brakes (ABS), do not pump the brakes. Apply steady pressure to the brakes. You will feel the brakes pulse — this is normal.
If your front wheels skid…
- Take your foot off the gas and shift to neutral, but don’t try to steer immediately.
- As the wheels skid sideways, they will slow the vehicle and traction will return. As it does, steer in the direction you want to go. Then put the transmission in “drive” or release the clutch, and accelerate gently.
If you get stuck…
- Do not spin your wheels. This will only dig you in deeper.
- Turn your wheels from side to side a few times to push snow out of the way.
- Use a light touch on the gas, to ease your car out.
- Use a shovel to clear snow away from the wheels and the underside of the car.
- Pour sand, kitty litter, gravel or salt in the path of the wheels, to help get traction.
- Try rocking the vehicle. (Check your owner’s manual first — it can damage the transmission on some vehicles.) Shift from forward to reverse, and back again. Each time you’re in gear, give a light touch on the gas until the vehicle gets going.
AutoTrek is here to help you find the perfect vehicle for Winter Driving!
AutoTrek consultants are available to help you find a vehicle with safety features to help with winter driving conditions. Vehicles with features such as anti-lock brakes and vehicle stability control will help when road conditions become treacherous.
Vehicle stability control, a relatively recent safety addition, has been shown to prevent accidents during treacherous or otherwise dangerous driving conditions. It doesn’t give you license to drive recklessly in poor conditions, but it will give you an added degree of safety.
If you really have to drive a lot in the snow, all-wheel drive is a good option. If you just drive in the snow a few days a year, front-wheel drive is fine – and you will get better fuel economy.
Tags: AutoTrek Auto Club, AutoTrek Consulants, AutoTrek Driving Tips, AutoTrek Emergency Roadside Assistance, AutoTrek Safety, AutoTrek Winter Checklist, AutoTrek Winter Driving, Check out AutoTrek
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