Money Minutes | General Electric Credit Union Blog | Financial Resources

 

Digital Wallets: What They Are and How They Work

May 24, 2019 | 2 minute read

Just like it sounds, a Digital Wallet is an electronic form of a physical wallet, allowing you to add your credit and debit cards so you can make payments digitally. Digital Wallets are a...

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4 Reasons to Avoid a Store Credit Card this Season

Nov 13, 2018 | 2 minute read

When shopping for the holidays, the checkout counter is not the best place to make a quick decision about your credit. Before you impulsively open a credit card at your favorite store, read the...

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About Your Credit Score and Its Importance

Feb 27, 2018 | 4 minute read

A credit score is a number generated by an algorithm using information from your credit history representing your creditworthiness. Lenders use credit scores to evaluate the probability that a...

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Equifax Credit Lock: Should You Use the Free Service?

Feb 9, 2018 | 4 minute read

Equifax has made good on its promise of free, lifelong credit locks following last year’s massive data breach. The reception to its new “Lock & Alert” feature — which lets users simply click or...

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What is a Balance Transfer?

Feb 6, 2018 | 3 minute read

You may have received a balance transfer offer from your credit card company and wondered if that’s the right solution for you. As a credit cardholder, it’s important to understand what a balance...

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Are You Financially Fit?

Feb 1, 2018 | 3 minute read

Consider your financial fitness as you would your physical fitness. It takes work and isn’t a one-and-done situation. Like traditional fitness, it requires consistency and hard work.

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7 Common Credit Card Mistakes to Avoid

Jan 11, 2018 | 3 minute read

Not only do Americans have a lot of credit card debt, many struggle with understanding how to manage our credit cards. Credit card mistakes are all too common and can lead to higher interest...

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3 Ways to Improve Your Credit Score

Jan 4, 2018 | 2 minute read

When was the last time you looked at your credit score? If you haven’t checked it in a while, it’s time to take a peek and see how you can improve your score. It won’t happen overnight, but small...

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4 Ways You Can Protect Your Credit Score Over the Holidays

Nov 14, 2017 | 3 minute read

Holidays can bring joy and happy memories, but they also can mean problems ahead for your credit score if you find yourself:

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5 Tips for Handling Your First Credit Card

Sep 27, 2017 | 3 minute read

Getting a credit card for the first time represents a new level of spending capability, but just like getting behind the steering wheel for the first time, there are some things you need to know...

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