Increasing your credit score isn’t exactly top of mind for most people until it is time to get a loan. People with good credit are more likely to get the loan they need and will obtain lower interest rates, which ultimately means saving money. If you are wanting to increase your credit score, then incorporate the tips Read More
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How To Avoid Paying Private Mortgage Insurance (PMI)
Home ownership is not only rewarding but it is one of the biggest investments of your life. Part of this investment includes your mortgage payment, home insurance, property taxes and for some people, the additional cost of Private Mortgage Insurance or PMI. If you purchase a home with less than 20% down, then it is Read More
First-Time Builders Find Comfort With ECCU
With three children between the ages of 9 and 12 who are active in sports, a large extended family and multitude of friends, Erica and George Dudik see more than a fair share of traffic in and out of their home - and they wouldn’t have it any other way. “We love entertaining,” Erica shared. So much, in fact, that when Read More
What To Do When Your Credit Card Is Lost or Stolen While Traveling
There’s something about the arrival of all things pumpkin spice that gets me thinking about the upcoming holiday season. Pumpkins lead to turkey feasts, which lead to twinkly tree lights, and in between all of that is a lot of travel. Travel – no matter how or where – can be stressful. Travel delays, car breakdowns, Read More
3 Things A Mortgage Lender Wishes You Knew
One of the most important relationships you’ll ever have is with your mortgage lender. It’s typically not what big screen movies are made of (Four Weddings And A Mortgage, anyone?) but choosing a lender for one of the largest purchases of your adult life can make (or break) your entire home-buying experience. We’ve Read More
Debt Consolidation: What Are My Options?
When it comes to debt consolidation, I’ve found that in general, people understand what it is: a realignment of debts, usually consolidating them into one loan payment for easier financial management. But many don’t realize what all of their consolidation options are. Because each person’s financial situation is Read More
Mortgage Refinancing: Not Just For Homes
Pay Off Your Bills and Credit Cards and SAVE Money Recently a member asked me about the 15-year mortgage option and if she could afford to pay off her house in 15 years. She was currently ten years into a 30-year mortgage, paying $1,000 per month for her payment. We examined her overall financial situation and Read More
Credit Cards vs. Personal Loans
Credit cards are easy and convenient. But when is a personal loan the better choice? We asked Jeff DeShane, Vice President Loan Services, who explains: If you are looking to get out of credit card debt. It is almost always better to consolidate debt into a personal loan where there is a fixed term instead of a Read More
ECCU Loans Get Personal
Top Reasons to Choose a Personal Loan Personal loans are exactly that – PERSONAL! Members like them because they fill a void where other loans cannot. They can help you over the hump with a medical or car repair bill or make something special, like an unbelievable trip, possible. We also like them for their cost Read More
Members Find ECCU Helpful Partner On The Road Of Life
Kristin and Jesse Henthorn understand the importance of helping people on their life’s journey. So Kristin, who works at Allegan General Hospital as a phlebotomist, and Jesse, who owns the custom foot orthotic business Summit Labs, LLC, in Allegan, were pleased to discover Educational Community Credit Union had their Read More