Franklin First Federal Credit Union Blog

Category: Build a Credit

Changes In The VantageScore System

Having a favorable credit score comes into play when you need to qualify for financing on a new car, if you’re opening a new credit card, or you want to take out a loan. In each of these scenarios, your credit score is the most important deciding factor for your approval, and will also influence your terms and interest rates.

Zombie Debt – What It Is And How To Fight It

Just like in the movies, your debt has risen from the grave, and can be remarkably hard to shed. You don’t need to bunker up with a lifetime supply of canned goods, but you do need to take steps to protect yourself. Let’s take a look at what zombie debt means and what you can do to protect yourself.