At Ascension Credit Services, we are constantly touting the benefits of Credit Union financing over traditional lending institutions. However, what happens if you have already purchased a car and immediately regret the terms and conditions of the loan? You might try to modify your existing loan. Here are a few tips we recommend: Finding Financing Read More
Setting Yourself Up for Investing Success Words and phrases like “passive income” “return on investment” “cash on cash return” and “private placement memorandum” may be foreign ideas or phrases to many folks. That’s ok. Everyone starts somewhere in learning about finances and investing. Below are a few tips to get your money to start working Read More
When most people think of credit the first strategy most use is credit cards. Did you know it is possible to build credit without them? One great example of this would be the Fingerhut Company. If you haven’t heard of Fingerhut, they are an online shopping website that aims to make purchases affordable by offering Read More
The Trump administration is seeking to update federal debt-collection rules for the first time in more than 40 years. Under the new regulations, debt collectors will be able to send an unlimited number of text messages and emails to delinquent borrowers; the number of calls they can make per week, however, will be decreased. The Read More
Banks have spent much of the past decade making loans to ultra-creditworthy borrowers, but that pool is limited. Equifax Inc. EFX -0.58% will soon give consumers the option to let lenders review their electric, phone and cable payment information, the latest move aimed at providing financial firms more data to determine whether to approve loan Read More
Getting out of debt may seem impossible at times. It may be tough, but it’s not impossible if you know what you owe and what you can do to repay it. There is a saying “when the student is ready, the teacher will appear.” If you want to get serious about working on your debt, Read More
Maintaining a tremendous credit score is important if you would like to use it for loans or credit cards. If you take the Dave Ramsey approach and only use cash for everything then this may not apply. Realistically, most folks use credit. According to Ray Dalio, the short term and long term credit cycles are Read More
Credit unions operate much like banks, but they are non-profit organizations with specific membership requirements. The members of the credit union are the collective owners of the union, offering some distinct advantages over normal banks for mortgage origination. Credit unions often offer lower rates, easier approval, and greater loan customization. Here are four main advantages Read More
Fake Debt Collectors Are A Real Problem Consumers across the country report that they’re getting telephone calls from people trying to collect on loans the consumers never received or on loans they did receive but for amounts they do not owe. Others are receiving calls from people seeking to recover on loans consumers received but Read More