Boost Your Financial Health With a Personal Loan
Taking out a loan might seem counterintuitive when you are trying to boost your financial health. But a personal loan used strategically can genuinely strengthen your finances by reducing the cost of existing debt, covering urgent expenses without raiding retirement savings, funding improvements to your most valuable asset, and building your credit score in the process. People Driven Credit Union ...
Continue Reading
How to Use a Personal Loan for Debt Consolidation
How to Use a Personal Loan for Debt Consolidation Making minimum payments on high-interest credit card debt is an exhausting way to manage your finances. You are paying every month, but the balance barely moves because most of what you pay goes straight to interest. A personal loan for debt consolidation may offer a way out. By replacing multiple high-rate ...
Continue Reading
PDCU’s Own Julia Kaiser Wins SmCC “Helping Hands” Award
PDCU’s Julia Kaiser Wins Southeast Michigan Chamber of Commerce Helping Hands Award People Driven Credit Union is proud to announce that Julia Kaiser, Community Relationship Manager at PDCU, has been recognized with the Southeast Michigan Chamber of Commerce Helping Hands Award. The award recognizes individuals who go above and beyond to support their neighbors and strengthen their communities. Julia is ...
Continue Reading
New vs. Used Cars: Which Auto Loan is Right for You?
New vs. Used Cars: Which Auto Loan Is Right for You? The new versus used decision is one of the first and most consequential choices you make when buying a car. It affects your loan amount, your interest rate, your insurance cost, and how much value your vehicle holds over time. Neither option is universally better. The right answer depends ...
Continue Reading
Top 5 Tips for Getting the Best Auto Loan Rate
Top 5 Tips for Getting the Best Auto Loan Rate The interest rate on your auto loan has a bigger impact on the total cost of your vehicle than most buyers realize. On a $30,000 loan over 60 months, the difference between a 5% rate and an 8% rate is nearly $2,500 in additional interest. Getting the best rate available ...
Continue Reading
How Pre-Approval Can Speed Up Your Car-Buying Process
Shopping for a new or used car is exciting but can also be overwhelming if you’re unprepared. One of the smartest ways to streamline the process is by getting pre-approved for an auto loan before you even set foot in a dealership. Pre-approval gives you a clear picture of what you can afford, strengthens your negotiating power, and saves you ...
Continue Reading
The Complete Guide to Financing Your Next Car
Financing a car can feel overwhelming, but it doesn’t have to be! Whether buying your first vehicle or upgrading to a new model, understanding the process can make all the difference. People Driven Credit Union is here to guide you every step of the way with affordable auto loan options, expert advice, and a commitment to helping you drive off ...
Continue Reading
Why Credit Unions offer Better Auto Loans
Why Credit Unions Offer Better Auto Loans When it is time to finance a car, most people go straight to their bank out of habit. It is familiar, it is convenient, and it feels like the obvious choice. But for most Michigan car buyers, a credit union will offer a better deal on an auto loan than a traditional bank, ...
Continue Reading
One-Time Holiday Skip-a-Payment!
The holiday season brings extra expenses. People Driven Credit Union is giving eligible credit card holders the opportunity to skip their December minimum payment and keep a little more cash in their pocket when they need it most. How the Holiday Skip-a-Payment Works If you are eligible, you will see a notification on your November credit card statement letting you ...
Continue Reading
Personal Loan vs. Credit Card: Which Is Better for Big Purchases?
Personal Loan vs. Credit Card What Is a Personal Loan? A personal loan is a lump sum of money that you can use to finance a variety of purchases. It’s repaid to the lender in fixed monthly payments, usually over 1 to 7 years. Your credit score will determine the interest rate and terms. Your daughter just got engaged. ...
Continue Reading
