credit cards

Do you already have a credit card or you recently plan to have one? Each person has a different purpose of getting a credit card. It may be they want to use it to purchase something important or they just want it for luxury purposes.

It doesn’t matter where you want to use it, what is important is that you know when and how to use it wisely. Of course, you also have to be responsible in paying for its dues. You need to know and understand everything about credit cards before getting one. Here are some tips and information that might help you:

Do not use credit cards as cash substitute.

Do not use your credit card every time you run short of money. Learn to budget some other time and if possible, only use your card for purchasing important things.

Getting good credit standing is important and doesn’t happen instantly.

It is important to get a good credit score because it can help you in the future. There will be no problems getting a

loan someday if they can see that you are a good and responsible payer.

Be careful as debt can happen to anyone.

Never ignore payments because it can ruin your reputation and credit score. Always plan and make decisions wisely before using your credit card.

A person can have many credit cards.

As soon as you receive your first credit card, other credit cards seem to follow. Creditors usually try to reach to you when they know that you have a good credit reputation.

You can ask for a low interest rate.

If you already have a good credit score and great payment history, you now have an opportunity to ask for a low interest rate on your credit card.

Each creditor or lender has different terms and conditions on their credit cards. It is much better to directly ask them about it before getting one. Good luck on your credit card application and or using your credit cards. Remember to spend wisely.

You might be a parent or a student who is planning to get a student loan since you are well aware that expenses for studying may not fit your budget. Student loans have helped many ever since and it is one of the important things that people apply for in a bank or on private lenders.

It is given that one should consider everything before getting a student loan. Know and fully understand the terms and conditions, interest, payment dates, amount dues and more. You can also ask for an expert’s help if you find it hard understanding these things. Here are some other things that you should also learn about student loans:

8 Things Everyone Should Know About Student Loans

To help navigate the transition from college student to responsible adult, we’ve pulled together eight essential facts all borrowers should know about their student loans.

  1. You can save money by signing up for direct debit

Not only is signing up to make automatic student loan payments directly from your bank account convenient, but it also can save you money. You’ll shave 0.25% off your interest rate when you sign up for direct debit for your federal student loans.

  1. Consolidating your debt could make your life easier

Bundling all your student loan debt into one single monthly payment can make it easier to manage and save you money. For one, consolidating might allow you to lock in a lower interest rate. Read more…

Once you have settled you mind about getting a student loan and getting it approved, you will then work your way on paying it off. There are many ways shared by experts on how to pay off student loans faster. You can also read this article about how to settle private student loans.

It is always important to never ignore student loans. See to it that you pay on time and if possible pay more than the amount due. These simple things can help you pay it off faster and give you a good credit score which is important in getting another loan in the future. Good luck with your student loan application, paying it off and, of course, on your studies.

student loan

American First was established in 1952 by employees of Raisin Markets. When Alpha Beta merged with Raisin Markets 6 years later, we became Alpha Beta Employees Federal Credit Union. Alpha Beta was acquired by American Stores in 1985, and our name changed to American First Federal Credit Union.

Lucky Federal Credit Union was founded in 1961. In 1986, the name was changed to Landmark Federal Credit Union to reflect its more diverse Membership base. American First merged with Landmark Federal Credit Union in 1989 and Sunland Federal Credit Union in 2002.

In 2001, American First was granted a community charter expanding our field of Membership to include those who live, work, worship, or attend school in Orange County, Corona and Chino Hills. Our charter was again expanded in 2007, allowing us to serve 16 additional cities in the Greater Los Angeles area. Click here to see all the communities we serve. In addition to our community charter, we continue to serve over 100 select employee groups and hold more than $600 million in assets.

Why Partner with American First Credit Union

Most Fortune 500 companies provide Credit Union membership to their employees because they consider it an important benefit.

Not All Credit Unions are Alike

As one of the largest and best Credit Unions in the United States, American First provides:

  • A full range of financial services
  • Competitive rates
  • Banking conveniences
  • Access to over 460,000 ATM’s worldwide
  • Free Lunch ‘n’ Learn financial education seminars for employees
  • Benefits presentations with prizes and gifts
  • Onsite membership drives with generous bonus incentives.

To learn more about providing CREDIT UNION BENEFITS to your employees at NO COST to you.