Category Archives: Lending
5 Reasons a Holiday Loan May be Right for You
Some financial institutions offer loans specifically intended to help borrowers cover holiday expenses. Between gifts, meals, travel, decorations, and more, the holidays can be a stressful and expensive time. Depending on your circumstances, it can sometimes help to take a small loan, typically to be repaid in a year or less. How can you know… (read more)
First Time Car Buyer Guide
As a first-time car buyer, you might expect an overwhelming experience ahead of you. Between getting a loan, picking the right car, and negotiating price, there’s a lot to juggle. Consider this guide before you hit the gas on grabbing the wheel of your first ride. Should You Be a First Time Car Buyer?… (read more)
Posted In: auto loans, Lending
Taking Control of Credit Card Interest Rates
Let’s start with the bummer news: credit card interest rates have hit all-time highs. Add high balances to that, and it’s no surprise that a Financial Health Network study found 42% of households reporting their debt as “unmanageable.” Thankfully, there’s good news ahead. WHAT THE FEDERAL FUNDS RATE MEANS FOR CREDIT CARD INTEREST RATES… (read more)
How to Get the Best Used Auto Rate
For most of us, having a car to get around is a necessity. Unless you live in a large city and have access to a robust public transportation system, car ownership is a critical component of functioning in the modern world. Automobiles, generally speaking, also represent the second largest purchase(s) we make in our lives,… (read more)
Posted In: auto loans, Lending
HELOAN Terms & Tips
A HELOAN (Home Equity Loan) is a form of second mortgage that provides you with a strong and reliable option to meet your financial goals. HELOANs may be used for home renovations, or really any significant expense like travel, education, medical needs, etc. As a borrower, you always want to approach a loan as informed… (read more)
Posted In: Lending
Rev & Ride: Getting a Credit Union Motorcycle Loan
Embarking on the exhilarating journey of purchasing your dream motorcycle involves more than just picking out the perfect ride. Before delving into the benefits of a credit union motorcycle loan, it’s crucial to conduct thorough research upfront. Whether you’re an experienced rider or a newbie exploring the world of motorcycles, this initial phase sets the… (read more)
Is Now the Time to Get a Home Equity Loan?
What Exactly is a Home Equity Loan? Every single home is worth some amount of money. We might call that its market value. That market value is reflective of a number of different factors, but the single biggest is generally the comparable sales in the area. An appraiser, when assessing the value of a home,… (read more)
Navigating the Mortgage Maze: A Guide for Self-Employed and Non-Traditional Income Borrowers
You did it! You went out on your own with a great idea and built your business – and now you’re making a living doing what you love most: working for yourself. From one-person-shop plumbing businesses to freelance writers to personal trainers to small business owners of all shapes and sizes, the U.S. Bureau of… (read more)
6 Ways a Most Rewards Credit Card Gives You the Upper Hand
If you think credit cards are scary, you’re part of the 26% of Americans that share the same opinion, according to the latest NerdWallet survey. However, when you get the right credit card for your needs and know how to use it, it can quickly become a valuable financial tool. And if you use it… (read more)
Posted In: FFCCU Services, Lending
