One of the best places to go if you want to explore the wonders of Oregon’s scenic countryside is in the Northwoods. There are many beautiful locations to explore in the Northwoods and all along the coast from Grants Pass to Coos Bay and from Portland to Capellas. You will enjoy fishing, hiking, camping, hot air ballooning, mountain biking, and sightseeing. If you want to go to Oregon and do not have much money, a trip to the Northwoods Credit Union Ashland branch can help you save on your trip and maybe get you into one of the best ski areas in Oregon. Here are some of the benefits of a Northwoods Credit Union Ashland branch:
If you are already a member of a credit union such as Western Union or Bank of America, you can enjoy the many perks that such a credit union has to offer. A credit union offers many financial services including savings, loans, investment, credit and debit card accounts, electronic funds transfers, and many other related services. A credit union also offers home equity loans, business loans, and mortgages. You also have access to the American Financial Service institute, which is a counseling agency for many financial problems.
Another great perk is the health care benefits. Many Northwoods Credit Unions provides their members with excellent medical and dental benefits. Members will also enjoy low interest rates on loans and mortgages. Each member pays a small fee that helps to support the different services the Credit Union offers. If you are in need of health care, you can visit any of the many health clinics that are located in the various towns and cities throughout the Northwoods.
The many banking options that a northwoods credit union provides its members is another reason why people choose to establish a credit union over the traditional methods of bank financing. With the many different loan products that a northwoods credit union has to offer, you will find it easier than ever before to get the money you need. In addition to checking accounts and online banking options, members are provided with debit cards that allow them easy access to their money. There are also home equity loans that are made available to members. If you are interested in starting a home business, a business account with a northwoods credit union is an excellent way to finance your new business.
When choosing a Northwoods credit union for financing your home, you need to make sure that you pick the right one. First of all, you should investigate the credit union’s financial rating to see how well they fare when it comes to finances. Although some of the unions will be solid performers in terms of their handling of finances, others will not. To help you decide on the best credit union for you, check with the Better Business Bureau or a debt relief network to see if any complaints have been filed against the company.
Although a northwoods credit union does not provide its members with a lot of funding options, they do offer a number of loans. Most credit unions offer their members low-interest loans and they are commonly referred to as no doc loans. No doc loans can come in the form of personal loans, home equity loans, business loans, student loans and a multitude of other options. By using a no doc loan, you will be able to save a lot of time when filling out forms, which can save you a great deal of money.
Another option offered by the northwoods credit union is a reasonable interest rate. You may have to pay higher interest rates if you have bad credit, but in the long run, you will end up saving money. Also, if you want to use the money you borrow from the credit union for any purpose, such as a home equity loan or a business expense, you do not have to pay higher than 4% interest. This is usually good if you are going to be able to repay the money within a few years. Most of the time, the rates offered by the credit union are slightly higher than the rates you would get from a lender, but since the money is provided to you on a loan basis, you are essentially getting a better deal.
Because of the great savings that you will get, a northwoods credit union makes a very good financial decision for people who need money for a variety of reasons. However, you should be aware of the restrictions of these types of loans. If you have not made regular payments on a credit card or home equity loan in the past three months, you cannot apply for one of these loans with this type of credit union. Also, you will not be able to get a personal loan from the union if you have an outstanding debt from another lender. Make sure you look over all of your options before applying for a Northwoods Credit Union loan.