Having debt can be stressful, but there are ways consumers can manage the amounts they owe. The most important thing is to determine the best way to pay off debt for your unique situation. Most of the time that means making regular, on-time installments and dedicating more than the minimum payment each month to the bill. In some rare instances, though, quickly paying off debt may not be your best option. Here are a few situations that may warrant smaller debt payments.Read More
Having debt can be stressful, but there are ways consumers can manage the amounts they owe. The most important thing is to determine the best way to pay off debt for your unique situation. Most of the time that means making regular, on-time installments and dedicating more than the minimum payment each month to the bill. In some rare instances, though, quickly paying off debt may not be your best option. Here are a few situations that may warrant smaller debt payments.
Having debt isn't necessarily a bad thing as long as you manage it the right way and have a plan to pay it. Two popular strategies of debt repayment are the snowball and avalanche methods. Each has a unique structure and benefits, but they both are based on the concept of choosing one debt to pay down at a time. Learn more about which is best for you.
This week’s employee spotlight is Monica Almroth, our new Assistant Branch Manager for the NW 27th and Vaughn Branch. In 2009, Monica joined OnPoint as a Member Services Specialist and has worn many hats since then, including Loan Closer, Indirect Relationship Officer, Member Services Team Lead, and Member Services Trainer. We’re all looking forward to her taking on her new role as Assistant Branch Manager. She deserves it!
Loans provide people a means to make large purchases, then pay off the expense in installments over time. Common types of loans are student, home, business, and auto loans, though not all loans fall into these categories. In fact, if you're looking at options to make a major purchase or complete a long-term project, a personal loan could be a smart option.
Setting a New Year's resolution is a tradition commonly discussed but uncommonly acted upon. Fewer than half of Americans set resolutions, and those who do often cast them away before Valentine's Day.
This year, take a different approach by creating a New Year financial resolution and setting yourself up for success. Here are five great financial resolutions to make this year, and tips on achieving them.
This week’s employee spotlight is Marnie Fairbrother, Dealer Direct Sales Representative at OnPoint’s Montgomery Park Headquarters. In 2016, Marnie joined OnPoint as a Member Services Specialist, was then promoted to an Indirect Loan Processor in the Credit Union Direct Lending department (CUDL), and in the summer of 2018, was again promoted to become a Dealer Direct Sales Representative within that same department. She's proven to be a great team member and we're happy to have her! Here is what she had to share about her life and experiences at OnPoint.
A new year always represents a new opportunity for growth. We think about what we accomplished in the year before, and what we would like to change in the coming year. While thoughts often turn to the gym, a new year can also be the perfect time to focus on getting finances in tip-top shape. Being financially fit can offer both freedom and stability.
Maintaining a good credit score can help when you need a new loan. A high score is an indication to lenders that you can responsibly manage debt. It could result in your earning a better rate on a loan or improving your chances of being approved in the first place. If your credit score drops, it could be difficult to build it back up. That's why keeping your credit health in good shape is so important. It's best to avoid these seven common pitfalls.
With so many deserving organizations serving our community, it can be difficult to choose where to direct charitable giving. We recently invited out social media followers to participate in a special online contest to decide the recipients of six donations. Here's what they decided.
The biggest winter celebration in Oregon returns to the Old Mill District for its 20th year!