By Farm Bureau Family Credit Union
The start of a new year has long been a time of reflection and fresh starts. This year, that couldn’t be more welcome. After a year unlike we’ve seen before, a fresh start sounds like a great idea.
The holidays are about family, friends and taking the time to reflect on the year that was and plan for the year to come. Financial stress can peak during the holidays and the start of a new year is an excellent time to formulate a plan of attack for a new year of financial success. Here are a few ideas to get your new year started off right.
Combining multiple accounts into a single loan can save money, hassle and simplify budgeting.
One great way to do that is by consolidating existing debt and refinancing at a lower interest rate. The Farm Bureau Family Credit Union offers Michigan Farm Bureau members low-interest loan options that can take some of the sting out of holiday debt and does it with a staff dedicated to serving Farm Bureau members and their specific needs.
FBFCU offers a personal loan program with interest rates as low as 5.99% APR that’s ideal for consolidating debt, helping you save by combining multiple monthly payments into a single payment at a money-saving rate.
Get a better card
Credit card debt can be a real budget killer. The card you choose can make a big difference.
If your New Year’s Resolutions include plans to better manage your finances and spend smarter, FBFCU offers qualified members the FBFCU Mastercard credit card that offers great interest rates (as low as 9.99% APR) and you can earn a 1% cash-back monthly bonus.
Take advantage of better rates
Interest rates are near historic lows and your savings could be substantial if you’re currently enrolled in any loan at a higher rate.
Spending a few minutes with a qualified loan specialist, such as those at FBFCU, could save you hundreds and the process is simple and obligation-free. Simply reach out to FBFCU directly to learn more at 517-679-5274 or [email protected] and ask them whether refinancing your current vehicle loan or a consolidation loan can save you money.