Entries Categorized as 'Loans'

Why Do I Need To Get Preapproved For A Loan?

Date November 13, 2017

Q: Is there any reason to get preapproved for a loan? A: For a large purchase, such as a home or car, having that preapproval in hand before you start shopping is crucial. A preapproval is a written letter from a lender specifying how large of a loan you will be eligible for. The letter will also […]

I Need Money Fast! Is a Personal Loan the Answer?

Date October 13, 2017

Q: I need to get money together in a hurry. What can I do? Help! A: There are times in your life when you need cash fast. It may be hospital bills, car trouble or crushing debt. A personal loan is for times like these. Personal loans range from $1,000 to more than $50,000, and are not […]

Should I Make A Balance Transfer?

Date October 4, 2017

Q: I’m considering a balance transfer to an interest-free card. Is that a good idea? A: Transferring some or all of your credit card debt to one that includes an introductory interest-free period can help you move toward a debt-free life. However, there are some things to be aware of. Consider these pros and cons: Pros 1. […]

Buy a New Car AND Get a Special Rate Discount!

Date October 2, 2017

For a limited time, you can buy a new or pre-owned car, without the hassle of visiting a Dealership, and you can enjoy a special low rate! Now through November 30th, when you buy a car through Autoland, and finance with MCCU, we’ll lower your rate by .25% APR!² Autoland works for you, saving you both […]

Buy a Car Without Going to a Dealership? Yes, You Can!

Date September 13, 2017

With Autoland, you don’t have to waste hours of your precious time at the Dealer! And, you won’t have to haggle with those finance reps! Autoland can help you find the new or certified pre-owned car you’re looking for, even if you don’t know where to start. You can start your car search online, and […]

The Pros And Cons Of Bridge Loans

Date August 9, 2017

If you’re looking to buy a new home, you may be counting on the proceeds from the sale of your existing home to help cover the down payment and closing costs. What happens if selling that home takes longer than you’d anticipated? What if you need to move quickly? How will you be able to […]

Creative Ways To Save On Energy Costs

Date August 2, 2017

Are your summertime electricity bills astronomical? Check out our list of 10 creative ways to trim your bill in the summer and all year ’round! 1.) Plant trees If your home has lots of west-facing windows, you’re likely getting loads of sunlight each afternoon, and that’s making your AC unit work harder. Lower your energy […]

Plan For The Payoff When You Plan Your Student Loans

Date July 6, 2017

Planning ahead for college is not just a matter of getting good grades and accumulating a list of extracurricular activities and awards. It’s also a process of understanding how to pay for tuition and living expenses during the college years, which often extends beyond the typical four-year period and sometimes also includes graduate school. Parents […]

Your Personal RV Buying Guide

Date June 28, 2017

Q: It’s vacation time! We’re thinking about buying an RV, but RV lots seem so intimidating! How can we fight that stress? A: Nothing beats a summertime road trip, but long hours in the car can really kill a vacation. That’s the beauty of recreational vehicles. The road IS the destination; anywhere you go, you’ve got luxury-class […]

Skip-a-Pay: Free Cash Flow With A Summertime Break From Your Loan Payment

Date June 23, 2017

Q: Summer puts a strain on my budget because of extra expenses! Is there any way I can skip my car loan payment, just for one month, without being penalized? A: Summer expenses can bust any budget. Skip-a-pay will give you more breathing room during this expensive time of year. Skip-a-Pay is a program offered by MCCU […]