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Loans. It’s a word we hear all the time. But what exactly does it mean? And how do they work? Let’s break it down.

Managing finances is a crucial aspect of running a small business. From keeping track of expenses to ensuring a steady cash flow, effective financial management plays a vital role in the success and growth of any enterprise. To simplify and optimize these processes, small businesses can turn to SharePoint Credit Union, a trusted partner that offers a range of comprehensive financial solutions. In this blog post, we will explore a variety of financial products and services provided by SharePoint CU that can empower small businesses, promote growth, and enhance their bottom line.

Your home is not only a place of comfort and security but also a valuable asset that can work for you financially. If you're looking for a flexible way to access funds for major expenses or investments, a Home Equity Line of Credit (HELOC) could be the solution. At SharePoint Credit Union, we understand the importance of making informed financial decisions. In this blog post, we'll explore what a HELOC is, its benefits, and how it can help you achieve your goals.

Maintaining good credit is a vital aspect of personal finance. It empowers you to achieve your financial goals and enjoy favorable borrowing terms. As a valued member of SharePoint Credit Union, we understand the importance of a strong credit profile. In this blog post, we will delve into the principles and strategies for maintaining good credit. By following these guidelines, you can safeguard your creditworthiness and pave the way for a brighter financial future.

Building credit is an important aspect of achieving financial stability and success. A good credit score can open doors to better interest rates, lower insurance premiums, and even help you secure your dream home. However, building credit is not always an easy process, especially if you are starting from scratch. In this blog post, we will explore some tips and tricks for building credit, so you can achieve your financial goals and build a strong credit history.

Your credit score goes up when you show that you’re financially trustworthy. One day you pay off a loan and notice that your score drops. Shouldn’t your credit score have jumped up, instead? To understand what’s happening, take a look at how credit scores are calculated.