topic Joining two credit units ? in Rebuilding Your Credit

Joining two credit units ?

Poorboi — Fri, 12 Oct 2012 02:05:13 GMT

Is it good to join to credit units or is one enough, will it help at all

Re: Joining two credit units ?

Shogun — Fri, 12 Oct 2012 02:07:13 GMT

Do you mean credit unions? It wouldn't hurt you to belong to more than one. Some often are members of more than one. It just depends on your circumstance as to whether it is actually beneficial.

Re: Joining two credit units ?

Poorboi — Fri, 12 Oct 2012 02:17:50 GMT

Thanks, and yes that is unions

Re: Joining two credit units ?

Shogun — Fri, 12 Oct 2012 02:19:54 GMT

You're welcome. Do you have one in mind? A local one? If you are elligible for NFCU I would highly suggest them.

Re: Joining two credit units ?

Poorboi — Fri, 12 Oct 2012 02:31:40 GMT

Local, I'm with fed ex now, I read a lot about nfcu, I wish I could join

Re: Joining two credit units ?

Shogun — Fri, 12 Oct 2012 02:46:24 GMT

I've been looking into it myself, my father was retired from the DOD, so maybe I stand a chance.

Re: Joining two credit units ?

HappySoda — Fri, 12 Oct 2012 06:36:21 GMT

There's an article I read about having multiple bank/credit union accounts. Reason being that if something goes wrong with one of your accts (fraud victim, dispute, bank goes under, etc) you will have the other to fall back on.

I personally have 2 credit unions and my main bank. Most of my money is in the bank but there's a bit of emergency cash in the other two accts.

I've had my bank ATM card compromised twice and it's a pain when those fraudsters take you.