To establish good credit, you need a steady work record and continued residence at the same address. If you do not have a checking account, open one and be careful not to bounce checks. Read more about establishing good credit. The last sentence should be a link to the "Loan & Credit Management > Building Credit" section of your Financial Resource Center if you purchased this product from CU Solutions Group.
Describe any "help with budgeting" services that your credit union offers. Also, describe any seminars about this topic that your credit union hosts. Include a link to the "Financial Planning > Budgeting" section of your Financial Resource Center if you purchased this product from CU Solutions Group.
Cosigners lend their names and good credit histories to the maker. Should the maker die, lose a job, or otherwise fail to make payments, all responsibility for meeting the terms of the loan transfers to the cosigner. An often-overlooked aspect of cosigning a loan is the fact that the loan appears on both the maker's and cosigner's credit reports.
Read more about your obligations when you cosign a loan. The last sentence should be a link to the "Loan & Credit Management > Borrowing and Repaying Loans" section of your Financial Resource Center if you purchased this product from CU Solutions Group.
It might be tempting to view your 401(k) as a source of emergency funds, but before you dip into your retirement account for cash, explore alternatives. Include a link to the "Financial Planning > Planning for Retirement" section of your Financial Resource Center if you purchased this product from CU Solutions Group.
To make this decision, calculate your monthly payments and your total net cost. When you compare these amounts, you can determine which option is right for you. Use our Auto Buy or Lease calculator to help you. The last sentence should be a link to the "Financial Calculators" section of your Financial Resource Center if you purchased this product from CU Solutions Group.
Explain which records should be saved, for which purposes they should be saved and for what length of time they should be saved. Include a link to the “Tax Planning > Record Keeping” section of your Financial Resource Center.