0
low-cost banking to members of a specific group
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Which has the best savings accounts banks or credit unions?
Savings accounts opened with credit unions can generally give you better interest rates and lower fees. Credit unions are nonprofit, whereas banks are not.
What is the best bank for a person with bad credit?
Local credit unions are often the best starting place for people with past credit issues. Wells Fargo has also been known to be helpful to those with bad credit.
What banks for people with bad credit?
Two words: Credit unions Look in your local area. Bank of America/Chase rarely cater to the actual needs of the average man. Credit unions have the best interest rate, mandating by the government. Chase/BOA are not, which leads to higher as well as variable interest rate. Credit unions are not fancy but it the right way to get to financial freedom.
What banks offer the best rated bank loans?
Credit unions offer the best rated bank loans. These can be found across the United States. Some credit unions have names that seem exclusive to a certain group, but that does not necessarily mean you can't be a customer of their financial services. Desert Schools Federal Credit Union does not require you to be associated with a school in the desert.
What is an advantage credit cards have over other forms of consumer credit?
Credit cards have the advantage of providing generally up to 56 days credit at no cost providing the balance is repaid in full. This is making best use of other peoples money (the bank or credit card company) in effect but you have to be sure you can repay on time or potentially sky high interest charges kick in.
Which has the best savings accounts banks or credit unions?
Savings accounts opened with credit unions can generally give you better interest rates and lower fees. Credit unions are nonprofit, whereas banks are not.
Which Chicago credit union is the best?
All credit unions are basically run in the same way. To find the best one, visit one or more credit unions and see what programs they have to offer. Pick the best one that suits the needs required.
Do banks or Credit Unions typically have the best savings rates?
Credit Unions usually have the best savings rates. They usually are more local and fewer customers allowing for higher rates. Credit Unions almost always have better rates. However credit unions usually don't allow just anyone to use them. I use our Local Government Credit Union, but I can only do this because my mother is employed by a local government department.
Are credit unions best for private loans?
Credit unions tend to work on a more personal level with customers. You can probably get similar rates at either a bank or credit union but the experience will likely be better at your credit union.
Where can I go to get a commercial truck loan?
Most banks and credit unions will offer commercial vehicle loans. Inquire at your local banking establishment. Typically, credit unions offer the best interest rates.
What is the best bank for a person with bad credit?
Local credit unions are often the best starting place for people with past credit issues. Wells Fargo has also been known to be helpful to those with bad credit.
How does one find credit bureau reports?
There are companies that are dedicated to providing credit reports for one to view. These companies will vary from country to country, but in Canada one of the best known company for obtaining a copy of ones credit report is Equifax.
What banks for people with bad credit?
Two words: Credit unions Look in your local area. Bank of America/Chase rarely cater to the actual needs of the average man. Credit unions have the best interest rate, mandating by the government. Chase/BOA are not, which leads to higher as well as variable interest rate. Credit unions are not fancy but it the right way to get to financial freedom.
How to Look For a Credit Union?
Credit unions are the best option to those who want to have transactions with a smaller bank, compared to larger institutions. These are small banks that cater to the needs of specific affinity groups, such as those belonging to a specific profession, employees of one company, or citizens of a specific city or town. Credit unions have a more personalized approach to the financial concerns of their clients, and are known to offer superb deals on the financial services they offer. Step 1: Start your search for credit unions by asking your employer (or at least your Human Resources department) as to what credit unions your organization is affiliated with. If your company is not affiliated with any credit union, search for trade association credit unions which you might be eligible for. Step 2: Check if your church or religious affiliation has any credit unions, or ones that are connected to it. You can also do a search by region to check if there are any credit unions that you are eligible to join. Step 3: You can also do a search online for the credit unions that offer online services or applications; it would be easier to determine if you are eligible to join by going to a credit union search site, where the requirements and eligibility needs are clearly stated. Step 4: Ask your family member if they are members of a credit union, and if that specific institution allows relatives of the existing members to get a membership, especially those who have a hard time looking for credit unions that they are eligible for. Step 5: Look in your local phone directory for any credit unions that give eligibility to those who live in a specific area. Ask what the requirements are, and don’t hesitate to ask around for more recommendations. Step 6: Get in touch with the credit union association in your state as to where you can find a credit union that is right for you and your needs. The National Credit Union Association is also an important source of valuable information, so take the time to contact them as well. Credit unions are there to answer and deal with your financial concerns, in the best and most personalized way possible. The search for the best institution for your needs can start with just a few calls (or a few internet searches), and the results will be well worth your effort.
What union is mother Jones best known for organizing?
Mother Jones was best known for organizing unions in mines in West Virginia and Colorado.
What banks offer the best rated bank loans?
Credit unions offer the best rated bank loans. These can be found across the United States. Some credit unions have names that seem exclusive to a certain group, but that does not necessarily mean you can't be a customer of their financial services. Desert Schools Federal Credit Union does not require you to be associated with a school in the desert.
Where can I find the best credit card available?
You can get a credit card with less interest through banks like Bank of America, Wachovia, Chase Manhattan, Wells Fargo, Citibank, and your local credit unions.
