Rebuilding your credit after a financially-difficult time takes time and patience. We encourage you to be proactive and take steps that can help rebuild your credit.
Tips to improve your credit score:
Through this partnership you have access to free financial counseling services including a toll-free InfoLine, money management counseling, debt management planning and credit report review. This service is confidential and anonymous.
BALANCE financial counselors work with you to help avoid or resolve financial distress and establish personal financial control.
We work with all types of credit and will consider your application in light of your circumstances-you're more than just a number to us. In addition to your credit score, we consider:
Contact us at firstname.lastname@example.org or (740) 597-2800 to work with a membership services representative who will consider your needs and do what they can to help. If you've had some difficult times and your credit score is less than perfect, we have some options for you.
These loans are secured with funds you have in your savings or certificate accounts. If your deposits are greater than the amount you wish to borrow, your loan rate will be equal to 3.00% above the deposit rate on your account. The credit union will hold these funds as collateral. As you pay down the principal balance of your loan, the secured funds will be released.
Making payments to multiple high interest rate credit cards or loans can make it difficult to pay down your debt quickly. Consider refinancing your loans in to a fixed term unsecured loan. In many cases you can reduce your interest rate, make one affordable payment each month and get your debt paid off more quickly. This will save you time managing payments to multiple companies and save you money on your finance charges.
If you need a new vehicle don't let the dealership take advantage of your current credit status by charging you a high interest rate. Get pre-approved with the credit union before you go shopping.
If you keep your balance low, a revolving line of credit, like a credit card, can improve your credit by giving you a good ratio of credit used to credit available. It also can provide you access to funds quickly when you need them for a short time period. Our cards have no annual fees and reasonable interest rates.