There is no real reason why you should continue relying on banks when there are far better options on the market. Here are a few major moments in life when you could actually use the financial solutions offered by an Oregon credit union instead of your local bank. Letâs say that you have decided to buy your first home. Well, one of the most important facts you need to keep in mind regarding this matter is that you will have to go through an entire process before you could even consider looking at prospective houses. First, you need to find out what you can afford. At the same time, you need to make sure that you can truly trust your financial advisor.
When you are the client of banks in Portland Oregon, you will get to a point where you might be able to have your loan application approved. But, after a while, you will realize that the monthly payments you need to make are having a negative impact on your budget to the point where you might even lose everything that you have worked for. That is because of the interest rates that are high and that will most likely fluctuate, but not to your advantage. When you take a closer look at the fees you need to pay for all sorts of services, you realize that many of them have not been mentioned when you were talking with your financial consultant.
This simply means that you are most probably paying for services that you donât really use. Another situation where you would most likely ask for the help of a bank is when you are thinking about selling your old car and buying a new one. This means that you need to prepare yourself to pay back the loan in five years or so and to deal with the high interest rates. The truth is that it would be much better if you just forgot about banks and relied on another lender such as a credit union.
The professionals that you meet here are going to pay attention to everything you say and offer you proper guidance when it comes to finding a financial solution that meets your expectations. Of course, you will still need to pay interest rates, but they are much lower than what you are used to deal with when visiting a bank. The main reason why you should just switch to credit unions is the fact that you will no longer be treated like a client that has to just settle for the level of service that banks have to offer.
On the contrary, when you are a member of a credit union, the entire situation is different. You are now member of a community and a co-owner of the establishment. The financial advisors that you come across in this case are not motivated by any level of commission. They just want to make sure that they provide the assistance you need so that at the end of the day, you are rest assured your financial situation is properly handled.
The best part about these credit unions is that to become a member, you just need to meet a few requirements. You can even benefit from guidance in this case as well, as long as you visit the right establishment and talk about your needs. The financial experts will tell you what you have to do and will make sure that when you sign a contract regarding a specific package they can offer, you know all the terms and conditions as well as the fees that are associated with all the included services. You can be certain that there will be no unpleasant surprises!
Resource Box: As you can clearly see, when it comes to choosing a reliable lender, it is always better to skip visiting https://www.onpointcu.com/ banks in Portland Oregon and go straight to an https://www.onpointcu.com/ Oregon credit union . If you want to learn more, visit our site right away!
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Article Added on Thursday, June 20, 2019
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