6 Things To Consider When Selecting a Credit Union
People think of two institutions for savings and investing: credit unions and banks. Banks are the more conventional option, but they do not offer as many advantages as credit unions.Credit unions are community-focused institutions. Consumers who save and invest with a credit union have access to several features:Lower fees Better interest rates Reduced loan rates Insured deposits Personalized customer […]
The Importance and Suggested Frequency of Credit Monitoring
According to the Federal Trade Commission, one in five Americans experiences errors on at least one of their credit reports. Unfortunately, most people do not realize the mistakes because they do not check their reports often or not often enough. Credit reporting errors at TransUnion, Equifax, or Experian can lead to weaker credit scores regardless of […]
Things You Should Know Before Co-Signing on a Loan
If you’re anything like me, you love your kids and grandkids with all your heart and would dopractically anything for them. But when it comes to co-signing on a loan, you need to look before you leap. Otherwise you could end up in a heap of financial trouble if your loved one defaults on the […]