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Transit Employees Federal Credit Union is a minority-run credit union in Alexandria, VA and DC. TEFCU pays high interest rates on its money market account, savings and certificates. The credit union has a variety of verification options, including a cash back account. See the Insider’s Guide to Black Owned Banks and Credit Unions » This …

ICE Mortgage Technology announced that First Tech Federal Credit Union has selected ICE Mortgage Technology’s Product and Pricing Encompass Service (EPPS) to improve automation, compliance and scalability to meet demands from over 720 000 members. The ICE Mortgage technology EPPS enables users to accurately select and price eligible loan products, monitor loan changes, and ensure …

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Having a good credit score is essential for getting through many financial stages in life: it can help get a low interest …

Source: Shutterstock The events of the past year have had a significant impact on the way individuals, especially the younger generations, approach their personal finances. According to a recent study by Next Caller, a Pindrop company, 74% of Gen Z and Millennials say they are more interested in saving, investing and taking out loans than …

Have you ever wondered what credit rating you would need for a car loan? Most people do. Most people don’t have the amount just lying around to go and buy a car directly. A statistic from 2019 shows that more than 113 million Americans have auto loans. This number increases steadily over time. Having a …

Minnesota’s largest credit union has filed plans to enter the Med City market by building a new branch. Wings Financial Credit Union, which already has 26 branches in Minnesota plus one in Northfield which will open soon, has filed the first documents with the City of Rochester Tuesday to construct a new 3,271 square foot …

When it comes to personal loans, you can apply for two types of loans: secured loans and unsecured loans. However, if you are having trouble qualifying for a personal loan, consider other bad credit loans. Secured and unsecured personal loans Traditional personal loans can be secured or unsecured. Secured loans require you to provide something …

“More than half, about 53%, of members are in credit unions that provide loans to credit builders who help people build credit,” says Jordan van Rijn, senior economist for the Credit Union National Association. With this type of loan, the borrowed amount is held in a bank account while you make small incremental payments over …

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Credit scores generally range from 300 to 850, with 300 considered “bad” and 850 considered “exceptional”. Fortunately, a perfect credit score of …

Credit scores influence many aspects of your life: whether you get a loan or a credit card, what interest rate you pay, sometimes whether you get an apartment you want. A higher credit score can give you access to more credit products and lower interest rates. Borrowers with scores over around 750 often have many …