A credit score of 720 or more is considered prime—this means you’re in good shape. Scores under 550 mean you could be turned down for a loan. Scores in the good-not-great range (550 to 720) might get you loan approval, but your interest rates will be higher than if you had a prime credit score. Nobody likes the idea of paying more money for no reason, so it makes sense to adopt credit habits that will boost your overall score.
Have you ever wondered: why is my credit score so important? Then you’re in luck, because we have the answer, or in this case, answers, to your question. Your credit score is a three-digit number than can affect everything from your ability to get a loan to your career growth. Here’s what you need to know about your credit score.
You’ve likely heard about credit scores before (thanks to all those commercials with terrible jingles), but what do you actually know about them? How long have they been around? And what’s the deal with checking them?
Calling all nonprofits!
In efforts to further strengthen ties within Michigan communities and expand its Give Big culture, the Community Choice Foundation will now offer quarterly grants, up to $3,000, to nonprofits in Michigan.
“The new grant program will now allow us to help fund the nonprofits we’ve spent so many years volunteering with and believing in,” said Steven Hernandez, Foundation Development Coordinator. “With four grants to be awarded per year there is plenty of love to go around, and awardees just might also benefit from our annual Give Big Weekend volunteer event.”
It is with great honor that I can say I am a Community Choice Scholar. I am truly thankful for everything the foundation has done for me. Being a part of this select group has allowed me to feel connected with the community I call home and has allowed me to understand the value of hard work, recognition and what it truly means to Give Big.
Personally, giving big means what you do for your community. Community service has always been a major part of my life. It is more than just volunteering to help out, it’s the extra step of putting others before yourself, the awareness of all the different struggles and problems in our world that people face, and realizing you can do something to enact a change, no matter how small.
Recently I have realized I am more than just a volunteer in my community: I am a student, athlete, friend, employee, and sister who is dedicated to making a change for the better in Michigan. As I embark on my journey at Michigan State University in hopes of becoming a future veterinarian, I will seek every opportunity to immerse myself in clubs, organizations, and study aboard experiences. The great resources at Michigan State will allow me to pursue my interest in gaining hands-on research opportunities, internships, and experiences which will further my education. I will enrich my mind, keeping an open perspective to all aspects of life, and I will always stay determined to achieve my goals because with hard work and motivation anything is possible.
The holiday season is approaching. In fact, Christmas is only about 4 and a half months away.
Are you ready for long lines and scrounging stores to find that ‘one’ thing on your list? While we can’t prepare you for the hassles that come along with holiday shopping, we can help you save time and money with these helpful holiday shopping and savings tips.
In just a few weeks, college freshmen will leave their hometowns and settle into their university dorms. Before they do, make sure they have all of the fundamentals necessary to excel on their own—financially. After the textbooks and mini-fridge are secured, make sure your college freshman is prepared to make the best financial decisions by equipping them with the right tools and advice. Check out these top money tips for college freshmen.
While the dust has barely settled on Independence Day festivities, the store shelves are already packed with back-to-school supplies and clothes. The sales are underway online and in-store. So, while you may be thinking sunscreen and summer fun, now is the time to think about saving money on the upcoming school year!
Whether you shop online or in the stores, a little planning can help you save a lot of money.
Topics: Save Money
At 11:50 a.m. on Thursday, July 14, a robbery occurred at Community Choice Credit Union’s Royal Oak Member Center, located at 1709 Crooks Road.
Before you use your credit card for that big purchase, you might want to consider using a personal loan instead. While your credit card may offer a lower interest rate than a personal loan, making an expensive purchase and carrying a high revolving balance can negatively impact your credit score. This will also cost you more money in interest payments, over time. Here are some helpful tips to help you choose between using a credit card or a personal loan.