{"id":6313,"date":"2023-05-29T19:31:50","date_gmt":"2023-05-29T19:31:50","guid":{"rendered":"https:\/\/www.vfcu.net\/?p=6313"},"modified":"2023-06-02T19:49:46","modified_gmt":"2023-06-02T19:49:46","slug":"6-credit-union-faqs-from-vfcu","status":"publish","type":"post","link":"https:\/\/www.vfcu.net\/es\/6-credit-union-faqs-from-vfcu\/","title":{"rendered":"6 Credit Union FAQS from VFCU"},"content":{"rendered":"<p class=\"p1\">Why choose VFCU? We do our best to serve our community and provide the best finances available to you! The\u00a0<a href=\"https:\/\/www.vfcu.net\/\"><span class=\"s1\">advantages of borrowing<\/span><\/a>\u00a0with credit unions are:<\/p>\n<ul class=\"ul1\">\n<li class=\"li3\">Gaining lower interest rates on loans and credit cards.<\/li>\n<li class=\"li3\">A credit union gives you ownership by providing financial benefits and earning bonus dividends.<\/li>\n<li class=\"li3\">Credit unions give people with lower credit scores an advantage by offering the same lower rates whether you have low credit or no credit.<\/li>\n<\/ul>\n<p class=\"p1\">Read a few common credit union FAQs people have before joining our Brownsville credit union!<\/p>\n<h2 class=\"p4\"><b>What is the Difference Between a Personal and a Share- Secured Loan?<\/b><\/h2>\n<p class=\"p1\">A<a href=\"https:\/\/www.vfcu.net\/loans\/share-secured-loans\/\"><span class=\"s1\">\u00a0share-secured loan<\/span><\/a>\u00a0is a loan that uses assets from your savings account as collateral for the loan, and once approved, that same amount is frozen for the term of the loan. A\u00a0<a href=\"https:\/\/www.vfcu.net\/loans\/signature-and-personal-loans\/\"><span class=\"s1\">personal loan<\/span><\/a>\u00a0is money you borrow from a bank or other financial institution with a fixed repayment period and consistent monthly payments.<\/p>\n<h2 class=\"p4\"><b>How Can a Share-Secured Loan Be Used?<\/b><\/h2>\n<p class=\"p1\">A share-secured loan can be used for things that pertain to personal investments since the money is taken from your personal savings account; the possible outcomes for using this type of loan are:<\/p>\n<p class=\"p1\">\u25cf Home improvements<\/p>\n<p class=\"p1\">\u25cf Personal emergencies<\/p>\n<p class=\"p1\">\u25cf Car improvements\/assets<\/p>\n<h2 class=\"p4\"><b>What are the Current VFCU Lending Rates?<\/b><\/h2>\n<p class=\"p1\">Compared to other Brownsville banks, VFCU has comparable rates regarding\u00a0<a href=\"https:\/\/www.vfcu.net\/loans\/loyalty-loan\/\"><span class=\"s1\">our loans<\/span><\/a>! Our rates vary depending on the type of loan, but generally, the rates are typically between 5% &#8211; 11%.<\/p>\n<h2 class=\"p4\"><b>What Information Do I Need to Apply for a Loan?<\/b><\/h2>\n<p class=\"p1\">Apply for a loan hassle-free online. Although specific loans require more information, prepare to show proof of income and a form of identification.<\/p>\n<h2 class=\"p4\"><b>How Can I Use a Loan?<\/b><\/h2>\n<p class=\"p1\">A loan can be used for so many areas of your life! Do any of these fit your current needs?<\/p>\n<p class=\"p1\">\u25cf Family vacations<\/p>\n<p class=\"p1\">\u25cf Paying off debtors<\/p>\n<p class=\"p1\">\u25cf Back-to-school costs<\/p>\n<p class=\"p1\">\u25cf Personal emergencies<\/p>\n<p class=\"p1\">\u25cf Renting a recreational vehicle<\/p>\n<p class=\"p1\">\u25cf Buying a new\/used automobile<\/p>\n<h2 class=\"p4\"><b>Apply for Our Other Loan Services at VFCU!<\/b><\/h2>\n<p class=\"p1\">Members who apply at VFCU will have plenty of practical, reliable, and flexible benefits for any lifestyle. Check out even more loan options;<\/p>\n<p class=\"p5\"><span class=\"s3\">\u25cf\u00a0 \u00a0 \u00a0<a href=\"https:\/\/www.vfcu.net\/loans\/loyalty-loan\/\"><span class=\"s1\">Loyalty Loans<\/span><\/a><\/span><\/p>\n<p class=\"p5\"><span class=\"s3\">\u25cf\u00a0 \u00a0 \u00a0<a href=\"https:\/\/www.vfcu.net\/loans\/consolidation-loan\/\"><span class=\"s1\">Consolidation Loans<\/span><\/a><\/span><\/p>\n<p class=\"p5\"><span class=\"s3\">\u25cf\u00a0 \u00a0 \u00a0<a href=\"https:\/\/www.vfcu.net\/loans\/auto\/\"><span class=\"s1\">New\/Used Auto Loans<\/span><\/a><\/span><\/p>\n<p class=\"p5\"><span class=\"s3\">\u25cf\u00a0 \u00a0 \u00a0<a href=\"https:\/\/www.vfcu.net\/loans\/motorcycle-boat\/\"><span class=\"s1\">Motorcycle, Boat, and RV Loans<\/span><\/a><\/span><\/p>\n<h2 class=\"p4\"><b>Review These Credit Union FAQS!<\/b><\/h2>\n<p class=\"p1\"><span class=\"s1\"><a href=\"https:\/\/www.vfcu.net\/contact\/\">Contact us<\/a><\/span>\u00a0for more information and see if you would like to become a member of VFCU and gain access to plenty of membership benefits!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why choose VFCU? We do our best to serve our community and provide the best finances available to you! The\u00a0advantages of borrowing\u00a0with credit unions are: Gaining lower interest rates on loans and credit cards. A credit union gives you ownership by providing financial benefits and earning bonus dividends. Credit unions give people with lower credit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6314,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[119,95],"class_list":["post-6313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loans","tag-affordable-loans","tag-brownsville-credit-union-tx"],"_links":{"self":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts\/6313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/comments?post=6313"}],"version-history":[{"count":0,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/posts\/6313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/media\/6314"}],"wp:attachment":[{"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/media?parent=6313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/categories?post=6313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vfcu.net\/es\/wp-json\/wp\/v2\/tags?post=6313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}