SS Business

Business Line

  • CULINARY BIZ
    • Culinary Business Ideas
    • Culinary Business Management
    • Culinary Business Strategy
    • Food Business School
  • FINANCIAL BIZ
    • Finacial Consultant
    • Financial Advisor
    • Financial Statements
    • Financial Technology
  • MARKETING TECHNOLOGY
    • Digital Marketing
    • Internet Marketing
    • Marketing Technology Landscape
    • Marketing Technology Types
  • ONLINE BIZ
    • Online Banking
    • Online Doctor
    • Online Payments
    • Online Shops
  • TOURISM BIZ
    • Tourism Marketing
    • Tourist Attractions Guide
    • Travel Advisor
    • Travel Agency
Business Line

empower federal credit union

What Alternative You Have If You Avoid Banks In Syracuse NY

April 5, 2019 by Jonathan Tucker
What Alternative You Have If You Avoid Banks In Syracuse NY

A lot of people think that banks are the only legal places where you can turn if you need a loan. This is completely not true. Same people are asking themselves what options they have if it’s not for the banks?

The truth is, you really should avoid working with banks and asking for loans from them. They should be the last place to turn to if you need money. However, people don’t realize this, and they are stuck with giant corporations who are only interested in profit and not the need of the simple citizen. Take a look at this interesting article to see why some people think corporations are bad for the simple man.

The alternative is called credit unions. Everyone should know about this option. In this article, we’ll explain what credit unions are and why are they good for you.

What are Credit unions

A credit union is a not-to-profit organization. Not everyone is eligible for a loan in every union. They have strict rules about who can be their member and enjoy their benefits. Some of the often requirements are location, special kind of employment, student status, or other.

They are privately owned and often the organizing body is made of members who are also a part of the union. They have much better options than banks. For people who are part of them, the options are excellent.

Why are they good?

Unlike banks, credit unions can provide loans with much better terms than anyone can. The not-to-profit term that we already mentioned means that these organizations are not there to make more money. They are more into doing good for the society and the citizens. Of course, you still pay interest on the loans, but under much better terms. You can check here and see why banks are not the best option.

Clients are actually members

Being run by the members and the owners, it’s like buying coffee in your own coffee shop. When you enter the offices to ask for a loan or to talk about some opportunity you feel like home. The people there know you and are open to offering all the help possible.

The situation in banks is quite the opposite. The employees there will only try to convince you in getting a loan that’s good for the bank but not so much for you. In the credit unions, you know that the people there are doing the best they can to make you feel comfortable not just at the moment, but for the years to come.

Lower interest rates

The best part of avoiding big guys and getting loans through credit unions is interest rates. The interest is the base through which banks make profits. They are ready to give you any kind of credit, but the interest rate will make you repay the loan and lose at least 1/4 more of the money you borrowed.

Here, the interest rate is much lower because these institutions are not trying … READ MORE ...

Posted in: Financial Advisor Tagged: empower credit union, empower federal credit union

RECENT POSTS

  • Pet Food For Your Pet's HealthPet Food For Your Pet’s Health
    November 24, 2019
  • How to Start a Mobile Food Service
    November 16, 2019
  • Smart Intraday Trading Strategies For BeginnersSmart Intraday Trading Strategies For Beginners
    November 8, 2019
  • Can Going Green Make Your Small Business Lean?Can Going Green Make Your Small Business Lean?
    October 14, 2019
  • Get Out of Your Career RutGet Out of Your Career Rut
    October 12, 2019

Archives

  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016

Categories

  • Culinary Business Ideas
  • Culinary Business Management
  • Culinary Business Strategy
  • Digital Marketing
  • Finacial Consultant
  • Financial Advisor
  • FINANCIAL BUSINESS
  • Financial Statements
  • Financial Technology
  • Food Business School
  • Internet Marketing
  • MARKETING TECHNOLOGY
  • Marketing Technology Landscape
  • Marketing Technology Types
  • Online Banking
  • ONLINE BUSINESS
  • Online Doctor
  • Online Payments
  • Online Services
  • Online Shops
  • Tourism Marketing
  • Tourist Attractions Guide
  • Travel Advisor
  • Travel Agency
  • Uncategorized

About Us

  • Contact Us !
  • Disclosure Policy
  • Sitemap

Partner Links

  • Copyright © 2019 SS Business.

    Lifestyle WordPress Theme by themehit.com