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Do Credit unions exist for one year then shut down after everyone pays off their loans?
Wiki User
∙ 11y ago
no they do not they exist all the time
Wiki User
∙ 11y ago
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Which financial institutions offer the lowest interest rates on personal loans?
Generally speaking, the lowest interest rates can be found at community credit unions or other credit unions. Credit Unions are not for profit and generally make less money on loans. Major banks are a for-profit business and usually charge more than credit unions.
Where can I get personal loans, even if I have bad credit?
Many credit unions will provide personal loans to people with poor credit. Talk with your local credit union for more information.
What are Two types of depository instiutions?
Banks Savings and Loans Institutions Credit Unions
Where would one look for cheap mortgage loans?
Cheap mortgage loans are availabe through your local bank or even credit unions offer different rates on loans. It also depends on your credit and your ratings.
How can one acquire student loans with bad credit?
Federal student loans do not require credit checks in order to apply and receive finical aid. Private student loans from banks and credit unions require a strong credit score to get approved or a creditworthy co-signer.
What are the primary assets of credit unions?
Consumer Loans
How are credit unions similar to banks?
They both give out loans
Which financial institutions offer the lowest interest rates on personal loans?
Generally speaking, the lowest interest rates can be found at community credit unions or other credit unions. Credit Unions are not for profit and generally make less money on loans. Major banks are a for-profit business and usually charge more than credit unions.
Where can I get personal loans, even if I have bad credit?
Many credit unions will provide personal loans to people with poor credit. Talk with your local credit union for more information.
Do all federal credit unions offer small business loans?
Federal credit unions offer loans to credit-worthy, established, profitable small business for the purposes. The ability to loan depends on available funds as well as the approval from the lending board.
What are Two types of depository instiutions?
Banks Savings and Loans Institutions Credit Unions
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 would one look for cheap mortgage loans?
Cheap mortgage loans are availabe through your local bank or even credit unions offer different rates on loans. It also depends on your credit and your ratings.
How can one acquire student loans with bad credit?
Federal student loans do not require credit checks in order to apply and receive finical aid. Private student loans from banks and credit unions require a strong credit score to get approved or a creditworthy co-signer.
Where can one get low cost loans in the UK?
Low cost loans in the UK can be obtained by joining a credit union. One can find one's local credit union by contacting the Association of British Credit Unions.
What has the author Donald Itkin written?
Donald Itkin has written: '50 successful ideas for marketing credit union loans' -- subject(s): Bank marketing, Credit unions, Loans
Where can one get a loan for a home?
Home loans are available from banks and credit unions. Such loans can take the form of mortgages, reverse mortgages, or home equity lines of credit, among others.
