Terrific Sale Prices on Vehicles and Low Auto Loan Rates Labor Day Weekend!
Labor Day weekend, BCU is teaming up with Hometown Motors of Wausau to offer you some terrific sale prices and low auto loan rates! Shop at your leisure Labor Day weekend at Hometown Motors' Wausau lots located at 2018 Grand Ave. or 1700 Business Hwy 51 North. Then on Tuesday, Sept 6th from 9 am – 9 pm, hurry in to Hometown Motors to finance and close the exceptional deal you’ve found. Or, save even more time by getting pre-approved at BCU before the sale! Contact us if you have questions! Happy Shopping!
BCU's Refer-A-Friend checking campaign is underway!
Both you and a qualifying applicant can receive $50 when someone you refer opens a BCU Free Checking account! Let others know what it means to be free when it comes to enjoying no monthly service fees, transaction requirements or minimum balances! Learn more about it here!
300 Everest Ave
2006 Schofield Ave
Debt Consolidation Loans: Pros and Cons
If you’re mired in debt, you may perk up when you hear about a loan that promises to:
Maybe you’d be eager to jump at such an offer. But first, ask yourself crucial questions.
What will really change?
You might consolidate your debts into one loan in various ways, if you qualify. You could take out a home equity loan for the total amount you owe in credit cards and other consumer debt. You could put several credit card balances onto only one lower-rate card. Or you could obtain a signature loan, unsecured by collateral, to cover the total debt amount.
But a debt consolidation loan often becomes a Band-Aid, experts say, because people don’t change the behavior that caused their debt problems. Studies show that 80% of borrowers who consolidate their debts end up repeating their mistakes and end up in deeper debt.
Can you afford the loan?
Let’s say you’re determined to mend your ways, and a debt consolidation loan is one option. You’ll replace lots of payments with one bigger payment. But be sure it fits into your budget.
Consider, too, the total you’ll pay over the life of the loan. If you consolidate credit card debts into a 15-year home equity loan or unsecured loan, you’ll be stretching a five-year debt to 15 years. You could end up paying as much or more in total interest and principal. The total payment is key, not just the monthly payment.
Can you trust the lender?
A reputable lender will determine if you can afford to pay it back before giving you a loan. But some lenders give loans to anybody just to make a buck. Work with the professionals at Brokaw Credit Union—a lender you know has your best interests at heart.
Pick Up Your Free Wisconsin Vacation Guides
Looking for a long weekend excursion or an affordable vacation escape? BCU can help! Visit our lobbies to obtain free vacation guides for many of Wisconsin's cities. Find festivals, outdoor adventures, parks, shops, lodging and more! From Oshkosh to Onalaska, Madison to Minoqua, and Boulder Junction to Bailey's Harbor, you can find what's exciting in your backyard.