fbpx
Get Good Credit - Phone
Give Us A Call Today!
(877) 212-2450

Credit Tip – Credit Unions

Posted by on Thursday, October 8th, 2020 in Blogs
Credit Union

Everyone should already be putting their money into a bank as a way to securely save and store their money, however most people do not know that there are alternatives to banks that function in a similar fashion known as Credit Unions.

The primary difference between a credit union and a bank is that banks generally exist to create wealth for their owners, while credit unions are not-for-profit organizations. Generally, most credit unions’ stated goal is to serve their members instead of making money for themselves (though they of course have to generate some revenue to pay employees).

A credit union serves all the same functions as a bank–they accept deposits, store money, generate interest, make loans, etc. However, while a bank is owned by a few individuals or an array of investors, every member of a credit union is considered an “owner” of said organization. By becoming a member of a credit union, you become part owner too. To this end, the savings you put into the union help fuel loans given to other members, and the interest paid on loans help generate interest for your savings.

To join a credit union, you usually have to be part of a community that has started one. Some professions or companies offer credit unions for their workers, some credit unions are created by specific religions or spiritual groups, and others are geographically based meant to serve a specific area. Generally credit unions allow family members to join too, so if you are related to someone in a credit union you can inquire to see if you are eligible too!

Feel free to call us at 877-212-2450 if you have any questions regarding your credit.

 

Get Good Credit - Yelp

  •   Ok so I've been holding off writing this review for about 7 months. And as you can see by the 5 stars I left I'm beyond happy with the services this company provided me. I was skeptical at 1st even though they had stellar reviews (which is why I chose them) but there's always that thing in the back of my mind of "well they probably won't be able to help me though, I will be that exception they cant fix". Needless to say they absolutely crushed getting EVERY collection I had off my report!!! I had about 5 grand worth of stuff on there that they managed to make disappear like magic. My credit has shot up over 150 points! I cannot say enough good things about them. I even referred my coworker to them after and they sent me a $50 referral check back! If you're looking to clean up your credit, don't wait, call these superstars and get on your way to feeling confident about your credit again. I feel like a huge weight has been lifted off my shoulders and I'm so grateful. Thank you fix your credit!!!

    thumb Rob ..
    8/27/2022
  •   I worked with Mia and Said for over a year, I believe. They were beneficial and responsive. Although we were not successful with all of my accounts, they still helped me raise my credit by about 100 points. So I stand satisfied. I recommend them. Not to mention there prices are very competitive. Thank you all.

    thumb Alex G.
    8/17/2022
  •   I called this place about 3 months when I decided it was time to fix my credit.   I spoke with Mia, she walked me thought the whole process in a 5 minute phone conversation.  It was simple enough so I decided to pull the trigger and signed up.  Its only been 3 months and already they have removed negative items and improved my score significantly.   I strongly recommend to give them a call as soon as possible, I waited too long and I wish I would have called sooner. I will update in a few months with the final results.

    thumb Ivan A.
    5/25/2022
  •   These guys are legit and professional at what they do and very quick as well very responsive and knowledgeable and they will do everything they can on your behalf
    ASK FOR MIA SHE IS THE BEST.

    thumb Edward N.
    3/22/2022

Customer Reviews