Truth being told, it is always a good time to opt for the services offered by an Oregon credit union instead of relying on the same old Portland banks. There are lenders that pay attention to your needs and others that are simply trying to scam you into paying higher fees.
There are different moments when you might want to consider getting in touch with an Oregon credit union and becoming a member. One of them would be when you have decided that you would like to open a savings account. After all, you never know what might happen in the future and it is always better to have some money that you can rely on. Interesting enough, when you open such an account, you can benefit from great interest rates.
It would be recommended that you ask about the different benefits associated with this account before you decide to open it. For example, if you also get your salary wired in each month in an account that you have also opened at the same lender, they will allow you to make automated payments to your savings account. Of course, it all depends on the lender, which is why you need to do some research first. Another situation in which you could rely on credit unions is when you have a business and need a loan to get it going.
You might just have an idea and a business plan as well as some money saved up. But, you need more so that you can actually launch your company. The good news is that the right credit union can help you. They will also offer you proper financial assistance when you want to expand your business or would like to replace some of the assets that you have been using. This gets us to another situation in which you could benefit from the help of these financial consultants.
Maybe you have just decided that you would like to buy a house, but do not have the resources to do so. What should you do about it? Well, the best idea that you could have would be to get your credit score checked first so that you learn exactly what sort of home you should be looking for. It is all a matter of knowing what you can afford on a monthly basis. Fortunately, when relying on credit unions, interest rates are lower, which means that you have a bigger budget.
You should also opt for their services when you are interested in buying a new car. Maybe you want to get it for yourself or for your business. Either way, the same lender can help you. As you can see, the services that a credit union has to offer are the same with the ones provided by Portland banks. However, there are quite a few differences that you might notice starting with the way that consultants treat you. The ones working for credit unions are always smiling and polite.
The ones working for banks are only interested in what you have to say if they can convince you to opt for their special offers. At the same time, you will get to a point where you do not know exactly what you are signing. This happens when you walk into a bank and the consultant that you meet there tries to use solely financial terms that you don’t understand. This will never happen if you switch to credit unions. It is simply more convenient this way.
Even if you might have been used to relying on banks until now, you should know that you will be able to benefit from a longer list of advantages when you become a credit union member. They are more flexible, more customer oriented and prepared to do everything in their power to ensure you are happy with the level of services that they provide. When you need a loan, this particular kind of lender is the best choice. You have a higher chance of getting your application approved. They just don’t have the same strict policies and procedures like banks. Do some research and read a few reviews written by people that have opted for the services of both these lenders.
If you are currently contemplating becoming a Portland banks ( https://www.onpointcu.com ) client or an Oregon credit union ( https://www.onpointcu.com ) member, the second choice is better. To get all of your financial questions answered, click on the right link and get in touch with one of our consultants!