21 Dec

Last Minute Holiday Gift Ideas

Last minute gift ideas

We all know the feeling of waiting too long to get your holiday shopping done and the panic of finding a last-minute gift. Well, this year we’re here to help ease your stress with some simple ways to get more spending money and easy last-minute gift ideas!

Holiday Loan

Have the perfect gift ideas but don’t quite have the cash to get them? Don’t worry! With the RMLEFCU Holiday Loan you can borrow up to $2,500 to make this a holiday season your loved ones won’t soon forget. The best part? Rates are as low as 8.00% APR* and you can take up to 12 months to repay it! But hurry – this offer is only valid until December 31st! Talk to an RMLEFCU loan specialist today at (303) 458-6660.

VISA Credit Cards

Need some holiday help but don’t want to take out a personal loan? Our VISA credit cards give you spending flexibility at competitively low rates with no annual fees. Choose from our three competitive options:

  • Classic Visa®
  • Platinum Visa Select®
  • Platinum Visa®

All options give you spending flexibility and access to anytime funds when you need them most. And, now through December 31st, you can get 0% interest for 6 months! Need help choosing which is right for you? Check out our helpful RMLEFCU Credit Cards video describing the benefits of each!

Gift of Membership

What better gift for someone you love than financial security and savings? Open a savings account with a $25 deposit and they are officially an RMLEFCU member for life! And as an added gift from us, we will help launch it with a $25 1-year piggybank CD at 1.75% APY*and an actual piggy bank! Accounts are available to open online or in person at your local branch. Talk about a simple yet rewarding gift!

‘Tis the season of giving and we want to help you make it the best holiday yet! For help applying for any of our products and services or if you have any questions, please contact us at (303) 458-6660 or in person at your local branch and we will be more than happy to help!

 

 

*Annual Percentage Rate. With approved credit. Some restrictions may apply.

04 Dec

3 Simple Credit Building Tips You Can Do Right Now

Credit is something that stays with you for your entire life, so it’s no wonder it’s an important aspect of your finances. Having good credit can help tremendously when you’re trying to purchase a house, get a lower interest rate on an auto loan, and even get approved for a rental application. If you have poor credit or no credit at all, don’t worry. We have some tried and true tips to help you build positive credit and maintain a competitive financial edge.

Open a Credit Card

This tip is best for those who have no credit and are looking to build some for the first time. By opening a credit card and making payments on it you are demonstrating your accountability to pay off debts in a responsible and timely manner. This will boost your credit score and let financial companies know that you can be trusted with your finances. Just be sure to pay it off in full every month to ensure no interest charges and negative credit effects. It is always best to look for credit cards with low interest rates and as many rewards as possible. Our VISA credit cards are a great option for people who are first starting out on their credit journey or who are wanting to improve their already established credit. Choose from our three card options and start raising that credit score!

Pay Off Outstanding Debt

This one may seem obvious, but if you have poor credit and also have a large amount of outstanding debt that is collecting mountains of interest, paying down the debt will help you not only get out of the hole but raise your credit score as well. The key here is to make consistent and on-time payments and, if possible, pay more than the minimum amount due. Missing payments on a credit card or loan is a quick way to damage the credit you’ve worked so hard to build, so be sure to budget your spending so you can make your payments.

Get an RMLEFCU Credit Builder Loan

The RMLEFCU Credit Builder Loan is perfect for doing just that, building credit! Whether your credit is damaged or non-existent, we can help you get in good standing in no time. All you have to do is apply and make low monthly installment payments into your loan account. We’ll keep the payments safe until you’ve completed them all then we’ll return the loan in full to you! In the end, you’ll come out with improved credit and all the funds you used to get there. That’s what we call a win-win!