Spring is right around the corner, and you may be gearing up to clear out the clutter from your life in anticipation of the new season. One of the most important things you should not forget to clean up is your credit report. A clean credit record is the foundation to financial stability and can determine things like how, or if, you get a loan, whether you get high or low insurance rates and even whether or not you get approved to rent apartment. Paying attention to your credit score only when you’re about to make a major purchase isn’t a good idea and can sometimes backfire.
Some issues on your credit report can take time to sort out and can even be a little stressful if you’re in a hurry to secure a loan for a home or education. If you take action now, you can build a stronger foundation for a more secure credit report in the future.
1st Bergen Federal Credit Union gives members the opportunity to transfer their left-over credit card balances and terms to a low-rate credit union credit card. When you transfer your existing card balance to a credit union credit card with 1st Bergen during the months of March and April you’ll receive a special low introductory rate of 3.99% APR for 12 months. This low-rate credit card is a great way to save money and pay down your debt faster. For more information about this opportunity contact 1st Bergen Federal Credit Union Branch Manager, Carolin Lopez at (201) 968-0202.