When To Refinance An Auto Loan

If you're unhappy with your current auto loan, you may be looking for the best time to refinance with a new loan. Refinancing your car loan can help you reduce interest on the initial loan or lower your monthly payment.

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How to Get an Auto Loan From a Credit Union

Credit unions are well-known for friendly, customer-first services. But if you're considering where to get your next car loan from, they offer far more than a sense of community.

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Tips for Getting an Auto Loan for an Older Car

Did you know the average car on the road is 12 years old, and the average cost of a used vehicle is $26,000? These are both record-breaking numbers, but it should come as no surprise.

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Can I Get a Loan for an Auto Repair?

If you own a car, you know the surprising and unexpected expenses it can attract. For many, there is concern for the day the car breaks down, and you don't have any cash lying around.

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ARM Loans at a Credit Union

Credit unions like ProFed Credit Union offer adjustable-rate mortgages or ARM loans. This mortgage provides various options for members looking to purchase or refinance a home.

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Does A Construction Loan Turn Into A Mortgage?

When building a home for yourself or someone else, you will need funding for potential land, building supplies, and labor. This is where a construction loan comes into play. 

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Business Loans vs. Personal Loans: Comparison Guide

If you're looking for a loan for your small business, you're probably considering a business or personal loan. Choosing which loan depends mainly on your financial situation or needs. 

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Home Equity Loan vs Refinance: Pros & Cons

When homeowners need financial assistance, two popular options often come to mind: home equity loans and refinancing a borrower's existing mortgage loan. 

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Five Advantages of an Adjustable-Rate Mortgage

If you need a mortgage or are looking to refinance an existing mortgage, you might consider an adjustable-rate mortgage (ARM) because they offer a favorable upfront interest rate.

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How to get a Personal Loan from a Credit Union

A credit union loan can help you consolidate your debt, pay for home improvements, or cover unexpected costs.

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Personal Loans vs. Debt Consolidation

Personal loans and debt consolidation are similar but different ways to manage debt. Understanding when to use a personal loan vs. when to consolidate debt can help you make the best financial decision.

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Using a HELOC vs. Home Equity Loan for a Remodel

Most homeowners will agree that remodeling your home can be a great way to breathe new life and energy into your living space. 

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How to Keep Your Credit and Debit Card Secure

Have you ever misplaced your credit or debit card? Maybe worse, it’s been stolen, and someone else is using your card without your permission.

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HELOC vs Home Equity Loan: Which is Right for You?

A home equity line of credit (HELOC) and a home equity loan are both ways to borrow money based on the value of your home, but they have differences.

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The Process of a Construction Loan vs. a Mortgage Loan

What’s the loan process look like for a construction loan versus a mortgage? Mortgage lenders have different requirements from one another.

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Personal Loans vs Credit Cards: Pros & Cons

Dig into when you should use a personal loan or a credit card when consolidating debt or making your next large purchase. 

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Are Personal Loans Installment or Revolving?

Personal loans are one of the few types of credit that can be used for various purposes.

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What you Need to Know About Mortgages

Mortgages can be more complicated than people think, and we often expect young people to understand them without being told. At the basic level, a mortgage is a loan to purchase a home.

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How Auto Loans Work From A Credit Union

Applying for your first car loan can feel like an intimidating process. Financial institutions like ProFed, are a trustworthy resource to help educate and finance your first vehicle.

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What is a Holiday Loan?

A Holiday Loan is a short-term personal loan that can be secured or unsecured. It can be used to finance holiday expenses, gifts, and events.

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Everything You Need to Know About Credit Scores

Credit and credit scores can be highly confusing, but understanding how they work is vital for surviving and thriving in the modern world.

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Credit Card Fraud

Credit fraud is a growing problem and is something that can not only hurt your credit score but potentially have a long-term impact.

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7 Tips for Staging Your Home For Sale

It's the perfect time of year to get your home ready to sell! Many prospective buyers have been cooped up during the winter months and are prepared to take a big step to obtain a change of scenery.

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5 Steps to Buying a Home

Consider these 5 steps before purchasing your new home. Visit ProFed Credit Union today to learn about our mortgage options.

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The Steps You Should Take While Buying a House

There are many things to consider before purchasing a home.  Check out our list of helpful pointers on our blog.

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Credit Unions: A Great Payday Loan Alternative

Credit unions are a much better option for a short term loan versus a payday loan option. Learn more about how ProFed can help with this financial decision.

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How To Improve Your Credit When You Don't Have Any

 When working to improve credit score numbers from scratch, focus on developing good money management skills with ProFed's financial education program, Money Sense. 

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First Time Car-Buyer?

Are you looking to buy your first vehicle? ProFed can help!  Check out these steps to help ensure a smooth and hassle-free car-shopping experience.

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What Can Personal Loans Be Used For?

From paying off credit card debt to covering the cost of planned events, personal loans can be applied to a variety of different things.

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