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

Credit Tip – Credit Unions

Posted by on Thursday, October 8th, 2020 in Uncategorized

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

  •   I had to recently contact them again for assistance to review my credit scores. Sandra explained to me what I need to get rid off and walk me through the steps how to get better score. Highly recommend this place.

    thumb Maria C.
  •   At first, I was skeptical of all the 5-star reviews, but once you start working with Fix Your Credit Consulting, you will understand why. I worked with Sandra for about a year, and she is outstanding. Credit issues can be really stressful but she was so patient with me.  Throughout the course of a year she was so professional, prompt at returning emails, and really takes her time to explain everything and answers all of your questions. She goes above and beyond, and really does try her best to help you. If you are looking to fix your credit, I would definitely recommend reaching out and giving them a chance. My overall experience with them was great, and I strongly encourage anyone to use their services. From my experience, it is better to start sooner than later, because it does take some time. I have never ever experienced such amazing customer service and professionalism from any business, and to say that I am impressed is an understatement.

    thumb Christine L.
  •   Let me start by saying over the past 20 years I've worked with multiple "Credit Repair" companies when I needed to in order to remove and delete items and increase my scores.

    That being said this is 100% the fastest score improvements I've seen. 1st month....5 deletions, and a MASSIVE boost to my scores. While this total process can take a few months or more I know this Company truly understands what to do, how to do it, and is very efficient with great systems and processes to keep me updated along the way. Thank you Mia for all you do my wife and I appreciate you!

    thumb Dj T.
  •   Mia helped me and my friend fix our credit with the upmost expertise. Customer service was very friendly and responsive. We consulted over the phone and the process took no more than about 30 minutes. The best thing was that the price was so great....usually credit repair places will charge an outrageous amount but Mia gave us a fraction of what all there competitors were charging. Will refer all of my friends and family.

    thumb Gevorg K.

Customer Reviews