Knowing how credit inquiries affect you is a big part of being financially healthy. When you apply for a credit card or loan the creditor will “pull” your credit. This is known as a hard inquiry – but there are also soft inquiries, too. Here is what makes them different:
Hard Inquiries:
Soft Inquiries:
By managing your credit inquiries wisely and being mindful of their effects, you can better protect your credit score. Regularly monitoring your credit report, minimizing unnecessary hard inquiries, and staying informed about your credit activity will help you maintain a strong credit profile.
If you need help establishing or fixing credit, MVCU has partnered with GreenPath Financial Wellness to provide free one-on-one counseling.
Category: Budgeting & Debt Reduction
Need a smart strategy to save on essential school supplies? Planning your dream vacation or gearing up for the holiday season? With a club account, you can save for essential school supplies, exciting vacations, and joyful holiday celebrations, making your financial goals more attainable and stress-free.
Now is the moment to turn your attention to your tax obligations. With less than 60 days remaining until the tax deadline now is a good time to prepare your documents and file.
As temperatures rise in the summer months, so do our utility bills. However, with a few mindful practices, you can keep your energy costs in check, while staying comfortable at home.
When it comes to high-interest credit card debt and other monthly financial obligations, pay your bills on time, and strive to pay off your entire balance at the end of each billing cycle.
Seven-Eleven Day is here! For those not familiar with the significance of this day, on July 11th every year, 7-Eleven stores across the country celebrate with free Slurpees for all their customers. It’s the perfect way to beat the summer heat and indulge in a variety of flavors.
Knowing how credit inquiries affect you is a big part of being financially healthy. When you apply for a credit card or loan the creditor will “pull” your credit. This is known as a hard inquiry – but there are also soft inquiries, too. Here is what makes them different:
The beginning of the school year is an exciting time for families, but it also comes with the stress of managing expenses. From school supplies to clothing and extracurricular activities, the costs can quickly add up. Here are some saving strategies to help you send your kids back to school prepared:
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Thank you to everyone who submitted a photo to our contest, and to all of you who voted for your favorites! Our 2025 calendar theme is: “Best in Show.” This year, we celebrated the diverse and beloved pets that bring joy to our lives. We were excited to see so many proud pet parents showcasing what makes their companions truly special.