As summer ends and school bells ring, the anticipation of a new academic year fills the air. However, the back to school season can also bring about financial challenges, especially for families with school-age children. This is where back to school loans from The Family Credit Union can help. They help families manage expenses and make the transition from vacation mode to study mode smoother. Let’s explore the various benefits of opting for a back to school personal loan from The Family Credit Union.
Budget Friendly Interest Rates
Getting a back-to-school loan from The Family Credit Union has the advantage of lower interest rates than traditional banks or alternative lenders. TFCU is member-owned and operated, meaning we prioritize the financial well-being of our members rather than maximizing profits. This translates to lower interest rates on loans, ensuring that families can borrow the funds they need without falling into a high-interest debt trap.
Flexible Loan Terms
We understand that every family’s financial situation is unique. To cater to diverse needs, TFCU provides flexible loan terms that can be tailored to match your repayment capacity. This flexibility allows you to choose a loan term that fits your budget. This makes it easier to manage the loan while keeping your financial stability intact.
No Hidden Fees
Unlike some traditional lenders that may surprise borrowers with hidden fees and charges, credit unions are known for transparency. When you opt for a back-to-school loan from a credit union, you can expect straightforward terms and a clear understanding of any associated costs. This transparency helps you make informed financial decisions and avoid any unpleasant surprises down the road.
Personalized Service
At TFCU, we take pride in delivering a personalized banking experience to our members. Expect personalized service and understanding when applying for a back-to-school loan. Our staff is accessible and willing to guide you through the application process, making the experience smoother and more reassuring.
Back to School Loans Build Credit
A back to school loan provides an opportunity for young adults and students to begin building their credit history responsibly. By borrowing from a credit union and making timely payments, individuals can establish a positive credit track record, which can prove valuable when applying for future loans, credit cards, or even rental agreements.
Prioritizing Education
At The Family Credit Union, we prioritize financial education for our members. In line with this commitment, we offer resources, workshops, and guidance on budgeting, financial planning, and debt management. By taking advantage of these resources we hope to empower families to make informed financial decisions not only during the back-to-school season but throughout their lives.
Back to School Loans from TFCU
As the school year beckons, the financial strain of purchasing school supplies, clothing, and other essentials can be overwhelming for families. A back to school loan from The Family Credit Union emerges as a valuable lifeline, providing affordable financing options with lower interest rates, flexible terms, and a focus on member well-being. By opting for a TFCU back to school loan, families not only ensure a successful academic start for their children and young adults, but also set the stage for a stronger, more financially secure future.
Find a branch near you to get started today, or apply for a back to school personal loan here.
Need we say it? It’s that time of year again! Tax season. With this in mind, it is a great time to review all the financial wellness tools, and other helpful offerings that we have available on The Family Credit Union website to help you navigate this tax season.
It is our hope that we can help make your life a little bit easier. Let’s break down what is available, and where you can find it:
TFCU’s Financial Wellness Center
Your financial well being is our priority! That is why we have resources available to you this tax season in our Financial Wellness Center. In order to help answer your tax related questions, you can read the following articles:
In addition, we also offer a Withholdings Calculator, available in our Financial Wellness Center. Federal Income Taxes are withheld from your paycheck by your employer. At tax time, you’ll determine whether you owe more or have over-paid and get a refund. This calculator will help you determine how much is being withheld as a percentage and monthly dollar amount.
The Wellness Center Coach
Another great resource that is part of our financial wellness center is the Wellness Center Coach. Here you will find short, information packed, learning sessions. Related to tax season, you will find the coaching session called “Your Tax Return Pre-Game“. Get the information you need to get prepared to file your taxes, so that filing is smooth and easy this year.
Additional Resources from TFCU
After you have visited our financial wellness center, you can also access additional resources available on our website to assist you this tax season. We have TurboTax at your fingertips on the site, to easily provide you access to personal filing. You’ll get your biggest possible refund and be confident your taxes are done right.
If you find that you owe a tax payment after completing your tax return, The Family Credit Union also offers personal loans to pay help off what you owe. If you would like more information about a personal loan, contact a branch near you or apply online!
This tax season, rely on The Family Credit Union to help you every step of the way. Our commitment, is to you, our members! Access our financial well-being center any time you need tools and information to help you become more informed and financially savvy. We cover all the financial topics that you care most about!
It’s that time of year—whether planning a family vacation or gearing up for back-to-school with your child. A little extra cash can make your trip memorable or simplify school preparations.
At The Family Credit Union, we understand that the need for cash arises, and we can help you and your family with a signature loan, or a personal loan. Here are 3 reasons that you should consider a personal or signature loan from TFCU!
1. A Personal Loan or Signature Loan is Unsecured 
What is an unsecured loan, and how does it benefit you? Simply put, unsecured loans do not require the borrower to put anything (such as a vehicle or dwelling) up as collateral. This allows you to be worry free, as you do not have to be concerned about something being taken away if you have trouble repaying the loan. Not having to leverage any of your property will provide peace of mind.
2. Quick Approval Time
Because there are no assets to evaluate, your loan can be processed and approved with ease! This means that you can quickly get back to planning your trip, or shopping for school supplies with little delay. The process is generally very simple, the potential borrower fills out the paperwork and both income and credit score are confirmed. Once this information is verified, it is likely that the borrower leaves with the funds in hand.
3. Personal & Signature Loans Have Many Uses
There are numerous reasons that you may consider either a personal loan or signature loan, such as:
- Vacations
- Back to school
- Renovation or remodeling
- New appliances or other large purchase
- Moving expenses
- Vehicles
- Weddings
- Debt consolidation
- Emergency expenses
- Medical or legal expenses
- And more!
This summer, if your air conditioner fizzles out, and you are not sure what to do to keep cool, consider a personal or signature loan with TFCU. These loans are both helpful for planned expenses, as well as those unforeseen circumstances that always seem to arise.
Need Funds for a Planned or Unplanned Expense?
This summer, TFCU is your place to get the funds you need. Depending on the amount you need, there are flexible dollar amounts available. We understand that you have a budget that works for you, and with that in mind, repayment terms are available for every type of budget. You can count on your loan being established for a predetermined amount of time with specific loan payment that fit your lifestyle. So don’t put off that vacation, and get ready for back to school shopping with TFCU. Contact one of our loan specialists at a branch near you today!
Use our Loan Calculator to help determine your payment, and learn more about loan rates here!
