CHROME Federal Credit Union’s Post

📉 Curious about how long closed accounts stick around on your credit report? Here's the lowdown: - Accounts in good standing with a history of on-time payments: up to 10 years. - Accounts with adverse information: up to 7 years. Knowing this can give you insight into your credit journey! 💳 To significantly improve your credit scores, visit www.credithealing.org. #creditrepair #creditrepairtips #creditrepairagent #creditrepairservices #creditrepaircompanies #creditrepairspecialist #credit #credittips #creditscore #creditrestoration #finance #financetips #financialfreedom #financialfreedomjourney #goodcredit #goodcreditmatters #latepayments #fixcredit #repaircredit #creditreport #creditrepaircompany #creditrepairagent #bestcreditrepair #debt #debtfree #chargeoffs #collections #reposessions #judgements #taxlien

One of the ways to secure the bag is fixing your credit. 🎉Congratulations to my business partner on her $26,000 line of credit in only after 4 months of starting the process. WHO’S NEXT???? Who wants to increase their credit score and ready to gain back they buying power? DM or Text “CREDIT” to 203-300-0131 for more details #creditrepair #creditmatters #businesscredit #credittips #financialliteracy #wealthbuilding #hustleandgrow #whosnext

Rising delinquencies have been a hot topic of discussion as they've impacted financial institutions from 2023 to 2024. However, repossession and bankruptcy rates often rise following delinquency rates. 📈 Does your credit union have a strategy implemented to handle the rise of repossessions and bankruptcies? In this blog from TriVerity & The Loan Service Center, Shannon Betz, Extended Services Supervisor, explains how as we navigate the high rates of delinquencies, bankruptcy filings and repossessions, it's critical for CUs to implement various workflow strategies that will help regain lost assets, effectively assist accountholders and maintain compliance standards. ➡️ Read the blog: https://bit.ly/3UgmePm #DelinquencyManagement #CreditUnions #TriVerity

As California intensifies its crackdown on ‘junk fees’, a crucial sector remains largely unaddressed: credit card companies. According to Rodney Williams in his recent CalMatters piece, consumers continue to face hidden fees and interest charges that significantly inflate their financial burden, without full transparency on how these costs accumulate. How should regulators and companies address these persistent fee practices to ensure fairness and transparency in credit card transactions? Dive into Rodney Williams' insightful discussion on this topic on CalMatters: https://lnkd.in/gMt_gGDw #FinancialFairness #CreditCardFees #RegulatoryReform #CaliforniaFinance

Your credit union depends heavily on your core processing system. Without it, you can't do your day-to-day activities. It's vital to your operations, which means the vendor you choose for your core processing needs is vital to your operations. Here at MY CU Services, we understand that. That's why we've teamed up to offer a robust core processing system with our friends at CU*Answers. Keep reading to learn more about it: The CU*BASE core suite is used by more than 350 credit unions across the country that range in asset size from under $1 million to more than $1 billion. The core processing suite includes a cutting edge online and mobile toolset for your members, and boasts features such as: ➡ Member information databases ➡ Presentation resources ➡ Effective processing capabilities ➡ Built-in marketing tools ➡ User-friendly interface for your staff We’re proud to offer this solution as a completely turn-key system, but also with the flexibility each credit union needs to achieve their business goals. And since it’s a solution brought to you by credit union cooperatives, you can count on both a powerful core system and unrivaled support from our core team. Find more information about this solution on our website: https://lnkd.in/eCpeC_f #Core #MYCUServicesProducts #CoreProcessing #CoreSolution CUaxis

It may be surprising to hear that our clients pay $0 in credit card processing fees but it's the truth! Comment below if you want to learn how you can eliminate 100% of your credit card processing fees. #BusinessStartup #ZeroFees #NoFees

"Credit issuers can get your name and profile from one or all of the three major credit bureaus, and if you match their screening criteria, the mail, emails and calls begin." If being bombarded with paper and digital solicitations is NOT your goal, here are some steps to get ahead of it! #credit #optout #clutter #housekeeping #mortgagelending #ThisWayHome 

Step 1 during #CreditEducationMonth is to CHECK YOUR CREDIT! Start by logging into your credit card account online. Most companies offer a way to check your credit for free. #FinancialLiteracy #CommunityBanking #BankingBetterAtFalcon

We know unexpected things may come along. So, we've created Skip-A-Pay, a convenient option to skip up to two loan payments on your qualifying Community Financial loan during a calendar year - freeing up cash when you need it. #communityfinancial #skipapay

Save more with Vanessa Gonzalez. We learn what a high-yield savings account is, how it differs from a traditional savings account, and how OneAZ Credit Union can help you get started. https://lnkd.in/gaft2za6