Відео

I work for a CU. We do pre approvals up to 15k and most do not have that secured in CDs or even liquid funds. This video offers a lot of false info, at least for the CU I work for.

It’s squatters and dirty cops account takeovers

Please get to the point, geez

What if you only have credit card with the credit Union and no other account with them. ?

So basically this guy is somewhat of a big bank guy.

Thank you sir appreciate that information

I don't blame anyone but the person who borrows money that they can't afford to pay back. Don't spend money that you don't have or can't pay back. Period.

Jokes on them I have no money

As a fellow BK atty I've seen how horribly credit unions treat people with financial difficulties. What you say is absolutely correct.

These cowards will try & sneak your hard earned $ from you any way they can. Cowards….

when they make a profit they return it to the customer's banks dont unless you buy shares.

That is the most stupid tip I have received from a boomer. If you are changing accommodation every two years. Leasing is a better option and saves a lot of inconvenience.

Couldn’t disagree more… Just not true… Not all are rent to own… There are companies like CORT who deliver and when you move they’ll pick it up. I’ve used CORT and couldn’t had a better experience.

how do i make money grow in a credit union

Navy Federal all the way! <^><->! NO health, No wealth!:): (NO GROM) (GROM),,<><>)

Hello. I’m new to your channel but thank you for the information here. I’m trying to build my credit and hopefully make the right decision when looking for car loans.. I bank with Chase but I also have a savings account with Keesler federal credit union… any advice with banking with them?

Protecting members means policies, products and decisions that do their best to serve the greater community, common bond, etc. It's a Coop, meaning savers, like Suzie are funding loans , say a car loan to Bob. If Bob does not pay his car loan then he is putting Suzie's savings at risk. Therefore, the CU has a responsibility to protect the assets of Suzie and other members and trying their best to help Bob when times are tough. End of day, risk management is not always pleasant to everyone. Credit Unions are most always the better alternative. Ask Kanye West who just got dumped by his big bank because he said something they didn't like. Keep it local - community banks or better yet, a CU

It sounds to me protecting members is a good idea. Why should those who pay their bills be included with those who over spend and can't pay their credit card bills. It was their choice to build up a big balance and pay just a little each month. Pay off your credit card each month and you will do great in life. Pay down before you spend more. Don't buy more than you can afford. I like the idea that a credit union can pay a higher interest on savings and if some deadbeat over spends more then he or she can pay, they pay with their savings to keep the Credit Union in the green for it's members.

I love dealing with credit unions.Have to learn to deal with the fees but it's a learning process.

Thank you for the information. I was part of a military CU that shall remain nameless. When I got out things were rough . Those guys didn’t care one iota

People, please refer to a good source, go to the bank, the credit union and ask the right questions and read the find print, there is much misinformation in this video.

Spent 89 percent of video speaking on other shit … get to the damn point of the video faster …. Next✌️

Acting like if you have a car loan with a bank they aren’t gonna take the car away either if you don’t pay 🤣

Laughable 🤣🤣🤣

Equity in a vehicle?

I keep on getting $380,000 every week from a new trading platforms in town

What is you opinion on this online course? ua-cam.com/video/D_4xxQxM3ao/v-deo.html

This guy is greasy

We rent to own everything else. Cars, appliances, clothes, It is simply credit without good credit. etc. At the rent a centers. They did America a big favor by extending credit to people who don't have good credit. When you pay high interest rates at a Rent A Center you're simply paying them for giving you credit when you don't deserve it. And there you have it!!

Mark. Big question here. When the 2008 recession hit what did the banks do ? Now answer, what the credit unions do ? the proof is in the pudding. I think you might be doing your clients a dis service by bashing credit unions VS banks. Like the banks going to do anything special for your BK clients. Actually chances are it will be the other way around

banks often do the same thing with the right to offset Mark.

Hi Mark, I have a question, I had credit cards with penfed credit union also a car loan. I paid of my car loan about two years ago but unfortunately got defaulter in my credit cards about 6 years ago payments.penfed didn't release my car title. Is there any way that I could get my car title from them?

I have a reverse loan they told me it would be a good way to start building my credit is that true

Hey, great info. I guess the bottom line is never use the same credit union for your car or house, as you do for your advanced credit strategies. LOL

"If you can't explain it simply, you don't understand it well enough."

people don't know these things because you're making shit up.... you're pretty clueless with this comparison

Thank you for this. I really wanted someone's idea on this

chase bank paid ad I think, bad video, yall keep paying 12 bucks a month for having a bank account

I'm with a credit union and I get several minuses in my account and I don't know why in my bank statements it shows up as ATM point of sale round up debit transaction so I call them and ask them what does this mean and they tell me you withdraw from your account so we used your round up savings to use as coverage. I said exactly how much do I owe? They told me how much so I transferred money to cover it then a week later it happens again when I haven't spent a dime since then. Very frustrating.

This guy doesn't know how banks or credit unions work at all.

Credit Unions. Banks. Financial institutions just don’t “swoop” down and take your assets when your past due. They will try every avenue to contact your first before taking assets.

I have a checking and savings account with a credit union but I only deposit and withdraw money, I haven’t taken any loans.

You can't go to jail , if that's the case my whole hood would be in jail ‼️

Lies

So the $5 you put in the credit union to get membership secures your $1000 limit credit card? Ok....What's the problem? I guess if I didn't have a "credit addiction," I'd have to put personal money in my start-up business account and take it back out every few days, sometimes every few hours.

They lend you your own credit you don’t know that yet? Unreal

There are several erroneous comments in this video, including the blanket statement that a credit card issued by a credit union would be secured by your savings account. Credit Unions generally offer credit builder or repair loans and cards that ARE secured by your savings account, but those are specific-purpose products that are clearly disclosed. The member concept is not a "fiction" as you state.

Successful people don't become that way overnight. What most people see at a glance wealth, a great career purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life

This guy is providing a lot of misinformation about credit unions. When credit unions have a new product or service to offer, they explain everything to you as they are making the offer, and when it comes to credit cards with credit unions, they are not secured by your car loan, unless YOU want it to be, however they are secure by the amount of money you have in your checking accounts, and they will NEVER take money out of them to pay your credit card without YOUR permission. And unlike banks, credit unions are more flexible when it comes to paying any of your debts, car loans, mortgages, credit cards, etc. Also keep this in mind, some banks have credit in their name, but they are not credit unions, just regular banks.

What’s the ultimate message here? Are you arguing banks offer better loan terms?