Your mail sent to and from AFFCU through the United States Postal Service may be delayed We understand the United States Postal Service was experiencing significant delays with mail delivery. As a result, your mail to AFFCU and our mail to you may be delayed. This includes monthly statements and year-end tax information sent from us. It also includes any … Continue reading
Credit & Debt
Credit reports are produced by the three major U.S. credit bureaus – Experian, Equifax, and TransUnion. These organizations gather consumer borrowing data, as reported by financing companies and financial institutions, which is used to build a portrait of each consumers’ borrowing history and repayment activity. The individual consumer data is also analyzed to calculate a unique credit score. Both the … Continue reading
Here’s what you need to know to protect your credit and avoid financial issues moving forward. Getting forbearance or a payment deferral from a creditor or lender can be a lifesaver. These programs can provide relief at a time when you need it most. You can miss a payment or not pay the full amount without facing penalties. However, there … Continue reading
Debt, credit, and financing – words that can make many squeamish. Financing, unless you have piles of cash laying around most need it to help make purchases, both big and on the smaller scale. Credit, you need a good credit score and credit history to get affordable financing offers. Debt, it’s what you get when financing. But it’s not necessary … Continue reading
Opening a checking account is an easy process that can be completed in just a few simple steps. Many financial institutions allow you to open your account online or at a local branch, depending on your preference. As long as you have the information needed to get started, you can check this off of your to-do list in a matter … Continue reading
Whether you are dealing with the financial impacts of Covid-19 epidemic or not, now is a great time to review your budget, savings plan, and debt management. You should develop a strategy for creating an emergency savings for future unknown circumstances like we are facing today. But now that we are in the situation, you may be facing the challenge … Continue reading
