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RMLEFCU Blog

5 Cases Where You Might Want A Short-Term Loan

Is a short-term loan right for you? These kinds of loans have some definite benefits: the application process is quick and easy, you typically don’t need collateral, and if you pay it off on time it can boost your credit rating significantly. But such loans can also have drawbacks: they typically have higher interest and if you can’t pay the loan back it can send your credit rating through the floor.

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How to Spend Your Holiday SlideBy Cash

The Holiday SlideBy may be our most anticipated offer every year! Free up some welcome cash for seasonal needs by skipping loan payments in November or December with RMLEFCU’s Holiday Loan SlideBy.

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4 Reasons Why Your College Student Needs A Credit Card

News stories and surveys show the average American is burdened by credit card debt. It may seem odd that we encourage college students to open up a credit card but hear us out. We recognize the potential pitfalls that out of control spending can have, but when used responsibly, a credit card is a steppingstone your child needs to become a credit carrying consumer.

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How to Get the Best Auto Loan

Finding your dream car is only half of the battle. The other, and quite possibly harder, half is finding the best auto loan rate. If you’re going to borrow money for your purchase, the loan you choose is extremely important.

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