Henderson Chamber of Commerce’s Post

Getting ready to make that big purchase? Don’t forget that Firelands FCU Credit Cardholders have the power to divide large, qualifying purchases over monthly installment payments at a lowered interest rate! No new line of credit. No credit checks. No impact to your credit score. Just another helpful tool to help you achieve your financial goals. Not a cardholder, but want to be? Check out our low-fee/high-reward credit card options here - https://lnkd.in/eEqGHyk5 

Thrilled to see #BECU featured in this list! 🌟 The article includes a handy table highlighting key differences between credit unions and traditional banks. 🏦➡️🤝 A point worth adding: Credit unions are mission-driven and prioritize members over shareholders. 💪 BECU's purpose: "As a cooperative, we bring people together to improve the financial well-being of our members and their communities." #CreditUnionDifference #FinanceCommunity

On this Motivation Monday we agree with Dave Ramsey...Don't try and beat the credit card companies at their own game! Let us work for you and help you to Level Up your credit without having to worry about high interest and fees! Learn more about how we can help at https://lnkd.in/g2HHpiDf #MotivationMonday #DaveRamsey #LocalDifference #LevelUpYourCredit #MinnequaWorksForYou

Tired of hidden credit card fees sneaking up on you? Rodney Williams from SoLo Funds breaks down how to spot and understand these elusive charges on News 12 Long Island with Elizabeth Hashagen. Stay informed and take control of your finances with these expert tips. For more insights, watch the full video on News 12: https://lnkd.in/gVAx-yNp #PersonalFinance #CreditCardTips #FinancialEducation #News12

Trying to catch up on the latest CD specials to find the most impressive rates? Kit Pulliam writes about a local credit union in California paying 9.50% APY on a CD, although with some strict requirements. You can also find more options on our best CD rates guide, which we review daily. #personalfinance #savings #CDs Read the full article on Business Insider:

The Rule of Convenience: A 2024 Update Dive into the nuances of the "Rule of Convenience" and how recent cases like Rivard v Morris have influenced estate interest payments. Read the full blog for essential details! https://ow.ly/A2Ak50R1OnR #HullonEstates #RuleofConvenience #LegalInsights

True or Myth? If I pay less than the monthly minimum due on my credit card, this won’t count as a missed payment? Fact: Any monthly payment that’s less than the full minimum payment due could be reported by your credit card issuer as a missed payment, which could drag down your credit score. Therefore, it’s important to pay at least the minimum amount due on your credit card account by the due date each month. An even better strategy is to pay off the full amount every month and to not spend more than you can pay off monthly. For the sake of your credit score, always pay on time. Call now for a free consultation at 559-907-1230 Or visit us online at https://lnkd.in/emR9dCv #credit

Disclosure goes on the long list of things that the credit unions are allowed to avoid unlike their competitors. You can add it under taxation and before regulatory compliance. A level playing field is all that #CommunityBanks are asking for from Congress. #WakeUp #MissionCreeep.

Penalty APR: What it is and how to avoid it

Government regulation and in this case overreached have consistently resulted in the pushing individuals and businesses to non-bank lenders and less regulated options which is not good for the consumer. Today 62% of all mortgages are originated by non-banks and 70% of all small dollar loans are originated by unregulated non-banks.