Latest Blog Posts

4 Quick Tips for Holiday Spending

Posted by Joshua Santa Cruz on 11/11/2019

With the holidays quickly approaching, it’s easy to be influenced from advertisements promising the “lowest savings of the year” or “limited time only” offers which could lead to falling into debt. Whether you’re shopping for the latest and greatest toys, electronics, or anything else, Lone Star Credit Union cares about your financial wellness! We’ve provided 4 quick tips to keep in mind while you shop for the holidays.

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Topics: Holiday Advice

Financial Independence Training - Get FIT

Posted by Joshua Santa Cruz on 10/15/2019

Are you looking to get your budget and finances in order before the holidays? While it may seem like an overwhelming task, financial wellness is well within your reach! Lone Star Credit Union Financial Independence Training (FIT) will help alleviate some of the stresses of financial budgeting as well as create a plan of action to help take control of your finances.

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Topics: Managing Your Money, Saving Money, Holiday Advice

What To Do Before Applying For A Home Equity Loan

Posted by Lone Star CU on 04/11/2019

Home equity loans give access to a large sum of money by allowing you to borrow against your home's value. You aren't limited to only using the loan for house-related expenses as long as your home is worth more than you owe on it.

For example, the expenses can be used to remodel your property, pay for college, or fund the purchase of a second home. This type of loan is different that a traditional loan as it acts as a line of credit, meaning that a certain amount of your home will be borrowed and your equity in the home is the collateral for the loan.

The advantage of home equity loans is that interest rates are considerably lower than they would be through a credit card.

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Topics: Managing Your Money