By Tracy Scott Good credit matters. At least that’s what you’ve always heard. Whether you’re new to credit or think you already have a decent credit score, it’s important to understand why good credit matters. But, what do people mean when they say “good credit”? When applied to an algorithmic formula, your prior use of credit (aka credit history report) … Continue reading
AFFCU Employees Assemble And Donate Hygiene Kits To Helping Up Mission Atlantic Financial Federal Credit Union employees used their recent annual training day to put together 150 personal hygiene kits. The kits were donated to the Helping Up Mission Baltimore. Each kit contained essential hygiene items including: shampoo, soap, toothbrush, toothpaste, shaving cream and razor, deodorant, and more. Helping Up … Continue reading
Many people use car loans to buy new vehicles. Obtaining a car loan requires meeting the lender’s qualifications for you. These vary from one lender to the next, but most use credit scores to help them determine your risk level. Individuals who have a low credit score will pay more to borrow money to purchase a car. Those with a … Continue reading
By Tracy Scott It’s hard to believe the holiday season is once again upon us. The good news is that this year you’re prepared. Your list is complete. You’ve checked it twice. Now, you’re ready to complete your online holiday shopping for everyone who’s been nice. Unfortunately, this is not only one of the busiest times of the year for … Continue reading
You’re ready to buy a new car. You’ve worked hard to get a down payment together. Your credit score is as high as you can get it. Now what? You may be tempted to head straight to the dealership to pick out a car. But, before you do that, it’s important to have a solid understanding of how car loans … Continue reading
A car refinance is a big decision. For some people, it opens the door to new opportunities – paying a lower monthly payment or reducing the interest rate on the car overall. For others, it could provide a way to consolidate some debt. However, before you decide to refinance your vehicle, consider both the pros and cons of doing so. … Continue reading
