Money Minutes | General Electric Credit Union Blog | Financial Resources

8 Tips to Rebuild Your Finances When Things Get Tough

Feb 16, 2021 | 7 minute read

At some point in your life, you may experience a financial curveball thrown your way. Maybe it’s a job loss, unexpected medical bills, or even a natural disaster that caused serious damage to your...

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Is It Time for a New Credit Card?

Feb 9, 2021 | 7 minute read

Your first thought after opening your wallet this morning was, “I should get a new credit card just for fun,” right? Okay, probably not. But maybe if you can consolidate debt to lower your...

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How to Use Mobile Payment Apps for Cashless Payments

Jun 11, 2020 | 4 minute read

In the last few years, cash payments have steadily been on the decline.1 Thanks to relatively new technology, mobile payment apps, it’s easier than ever to send or receive money electronically to...

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The Most Common Credit Card Fees and How to Avoid Them

Sep 11, 2019 | 4 minute read

Credit cards can be a useful way to help manage your money, if they are used the right way. Many also offer points, cash back, or other reward opportunities for making purchases. Plus, they can...

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Digital Wallets: What They Are and How They Work

May 24, 2019 | 3 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 a person...

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Equifax Credit Lock: Should You Use the Free Service?

Feb 9, 2018 | 5 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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