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Lone Star CU

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5 Reasons to Switch to eStatements

Posted by Lone Star CU on 08/17/2020

If you’re still waiting for your printed statements every month, there’s a better way to keep track of your finances: eStatements. Here are five reasons why eStatements are a great choice:

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Financial Planning in Uncertain Times

Posted by Lone Star CU on 07/06/2020

 

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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