Credit Union? Should you be apart of one?

Credit Union? Should you be apart of one?

Flipper/Rehabber · CA · Member since 2019 · 6 posts · 0 votes

Hello all!

I bank with an online bank.. major bank and am considering a credit union.

I have some debt to pay off.. taking the next step to save for my first house (to househack).

Would it be wise to enroll with a credit union to ask for a loan to pay off debt and possibly help with the first home?

Thanks in advance for the advice!

Living here in Southern California, by the way.

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  • Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
    7y

    I am and always have been. I like that they're owned by the members, and as such they seem to make better decisions from a customer service standpoint. Mine has fantastic customer service and all of the online techy things I need.

    I don't see the connection between getting a loan to pay off debt and actually paying off debt, however. Is this a consumer debt situation?

  • Member since 2019 · 3 posts · 0 votes
    5y

    @Taylor L.

    I’m looking to open a business checking and secure a loan for my next investment property. Would you mind sharing what credit union you recommend/ are with?

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