Louisiana Federal Credit Union Blog
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Blog posts tagged in Financial Education
I am not sure about you, but I know that I have wasted more money on improper spending habits than I even care to think about. Once I thought about it, I gave the GPS plan a try. As Americans, we waste 20-30% of our hard earned money on bad spending habits. Proper planning could help you to reach your financial destination of paying off debts faster. Think of it this way. When you go on a road trip, you don’t just start driving. You first decide on a destination, and sometimes, if you are not certain of the path you are...
We get quite a few questions about using our Louisiana FCU debit and credit cards oversees, so we asked the experts, Linda and Michelle to answer them for you.
Can I use my Louisiana FCU debit and credit card oversees?
Linda: Sure. Members can use their Debit MasterCard anywhere they see the MasterCard logo. For security reasons we have non-PIN based transactions blocked in some countries. Members can call to determine if the country they are traveling to is on that list.
Michelle: Members can use their Visa Credit Card anywhere they see the Visa logo. There are no exceptions with...
When I began writing this, I started thinking about my graduation commencement speech. Truth is, I graduated only five years ago and I could not tell you a single thing that the speaker said. Commencement is a big deal; it is one of the few things in life that works every time. No matter what happens you will always remain a graduate.
So congratulations, you are now an adult! Welcome to the world of student loans. You think they are nice by giving you a whole six months to start paying them back but in reality you could use like six...
Your credit score is a number based on the information in your credit file. This score shows the likelihood of your ability to re-pay a debt on time. Lenders use this score to determine whether you qualify for a loan and what interest rate you will pay.
What actions will hurt your credit score?
Missing payments – missing on single payment can take up to 24 months to restore good credit. 35% of your total credit score is based on pay history.
Maxing out credit cards – maxing out a credit card can reduce your credit capacity and lower your score....