Borrow, borrow, borrow
Oh yeah? Prove it!
What was the question, again?
Howdy, partner!
You might also be
interested in...
100
In the words of Wilma and Betty, just "Charge It!" This type of credit is convenient but can lead to problems if not handled properly.
What are credit cards?
100
A government document used to prove ownership of a vehicle. Along with proof of insurance, it is required when taking a lien on a car, bike, etc.
What is a registration?
100
It happens right here in the Saint John River Valley (or in the building....) where we know and understand our communities and the challenges we face here.
What is "Where is the loan approval decision made?"
100
This service provider gives us access to "our own" ATM network with more than 2400 Canadian locations.
What is the Exchange Network?
100
A member just had a baby. You might suggest that they look into this product.
What is an RESP?
200
Our conventional mortgages are insured by this Government agency. It is required for any mortgage that lends out more than 80% of the property value and is also often used for lesser amounts in order to better protect the Credit Union.
What is Canadian Mortgage and Housing Corporation (CMHC)?
200
We need to KNOW you can pay. You get one of these from your employer weekly, bi-weekly...
What is a paystub?
200
We, of course, have regulations that we must follow too but one of our lenders would be happy to explore the possibilities with you. If there is still nothing we can do, I'm sure he/she can help you determine some steps you can take to address the issue that is holding you back.
What is "My bank turned me down for a loan, is there anything you can do for me?"
200
This organization is owned by Atlantic Canadian Credit Unions and gives us additional options for deposit or mortgage products.
What is League Savings and Mortgage?
200
A member comes in to make a payment on their "travel rewards" credit card with another financial institution. This specific product would be an excellent alternative for them.
What is a Platinum MasterCard?
300
This kind of revolving credit gives our members more flexibility and control over their borrowing needs and, generally, carries a better interest rate than credit cards.
What is a line of credit?
300
This helps us to know what the value of a home is and includes the size of the house and lot, the condition of the home and comparisons to similar houses, among other things.
What is an appraisal?
300
They are competitive with other financial institutions but depend on several variables, perhaps "a Lender" would be available to discuss the options with you.
What is "What are your rates?"
300
This is our MasterCard provider.
What is CUETS Financial?
300
A member expresses confusion over how to plan for his financial future. You suggest setting up an appointment with this person.
Who is Dave Gorman?
400
This type of lending has the potential to secure all borrowing that a member has with us. Hint: It requires legal documentation when it's being put into place.
What is an All Debts Collateral Mortgage or Unlimited Collateral Charge Mortgage?
400
This is issued by the Government and lets us know if you owe any income tax which is especially important if you own your own business.
What is a Notice of Assessment?
400
There are options available including secured loans and co-signers. How about I make an appointment for you to speak with "a Lender" to further discuss your options.
What is "I have no credit - how do I get started?"
400
This company provides our business members with the ability to accept debit and credit cards both in store and online, to offer gift cards and incentive programs, and to be more secure with options like the Cheque Guarantee service.
What is FirstData?
400
A member is interested in obtaining a credit card from the Credit Union but is concerned about rate. You suggest this.
What is a Global Payment Card with attached line of credit?
500
These may be official or unofficial. An unofficial one that is okayed or an official one that goes over its limit will cost a member $5 every time!
What is an overdraft?
500
Very useful information is found in this document if you are interested in switching your mortgage from another financial institution. Hint: It is issued at least once per year to us lucky folk who have mortgages.
What is a Mortgage Statement?
500
It is best to assume that they will be tied to your loan for the entire term.
What is "How long will my co-signer have to stay signed on for?"
500
Aside from League Savings and Mortgage, name the two other organizations that give us additional investment options.
What are Credential and Concentra?
500
A member mentions they are planning a trip. You ask if they have this product.
What is travel insurance? Or Gold or Platinum MasterCard.
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