Bookmark & Share:      
517-263-0851
www.lenco.org
August 2018
Newsletter

Home Page
Loans
Checking & Savings
Products & Services
About Us
Contact Us
Privacy Policy
Facebook


July 2018
June 2018
May 2018

[MORE]

Subscribe to our Newsletter
Tell A Friend

Great Summer Products


With summer coming to an end soon, come in and take advantage of our wonderful products and services. As your financial advisors we strive to provide you with the best services. Don’t delay! Call one of our member service experts today for more details.
Pros and Cons of Paying Off Your Loans Early
Is there ever a wrong time to pay off a loan early?

Carrying loan debt can be stressful if you have other things you’d rather be doing with your money — and, frankly, who doesn’t? This leads to the noble ambition of wanting to pay off your loans as early as possible, which can pay dividends for you in terms of saving money and anxiety. However, even if you have the means, is it always the right decision to pay off a loan or debt early?

Overdraft Protection 101
Benefits and drawbacks of overdraft protection

Living beyond your means can cost you twice. There’s the actual payment that you can’t cover and the corresponding overdraft fee, which adds insult to injury by charging you a penalty for drawing money you don’t have. It’s an expensive and frustrating cycle, but knowing how to use your financial institution’s overdraft protection service to your advantage can help you break free.

Should You Install a Banking App on Your Phone?
Do the benefits of banking apps outweigh the potential downsides?

Mobile phones have become increasingly useful for managing your money thanks to the availability of online banking. You may have reservations about incorporating this very important aspect of your life into your smartphone, and that’s perfectly reasonable — using a banking app on your phone is not without risks to consider.

Do You Need to be Preapproved for a Car Loan?
Being better prepared for your next new vehicle purchase

Whether you’re buying a new vehicle out of need or simply because you feel you are due for an upgrade, making a purchase that large usually means you will be paying with a loan. If you arrive at the negotiating table preapproved, the whole process of buying a car becomes much easier.

Published by Lenco Credit Union
Includes copyrighted material of IMakeNews, Inc. and its suppliers.
Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.  


Powered by IMN™