I've been hearing more and more about USAA bank on the radio. I've asked around and some friends have indicated to me that their rates are the best around the US for any type of personal lending. Their rates are extraordinarily low. Is this true?
Also, from my understanding membership doesn't come by easily. You have to have served in the military. How would one obtain membership from USAA? Do you have to be related to the person who has a membership?
Their website seems to imply that you must be in the miltary, but I can't find explicit requirements on their website, especially the membership page. Could someone help clarify?