Posts in Category: Loans

COVID-19 Response Plan 

Posted by Jeremy Wascak March 10, 2020 Categories: Akron Community Credit Cards Loans Local Mobile Pay
At Towpath Credit Union, people always come first. We are fully committed to protecting our staff and Members in case of a local COVID-19 outbreak and have a business continuity plan in case of a pandemic, natural disaster, or any other situation
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Balance Transfers - What You Need to Know 

Are you carrying a balance on a high-interest credit card? Have you considered doing a balance transfer to a new card with a lower rate?
Posted by Jeremy Wascak March 04, 2020 Categories: Budgeting Credit Cards Loans Saving
How does a balance transfer work, you ask? A balance transfer happens when you move a current balance from a high interest rate credit card to a new or existing card, like the Towpath CU EverydayCredit card, that typically has a lower interest
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How Does the Fed Affect You? 

Posted by Jeremy Wascak September 30, 2019 Categories: Credit Cards Loans Mortgages Shopping
You might have seen some things in the news recently about the Fed cutting rates, but many Americans don’t know exactly what the Fed is or how it affects their lives. Turns out, it actually has a pretty big impact on all of us. The Federal
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Revolving Credit Utilization 

Revolving Credit Utilization Plays an Important Role in Your Credit Score.
Posted by Jeremy Wascak December 24, 2018 Categories: Credit Cards Credit Scores Loans
Two people walk into a credit union to apply for a loan. The first person has $1,000 in credit card debt. The second person has $5,000 in credit card debt. If the rest of their finances are the same, who has a higher credit score? It’s impossible
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Understanding Share Secured Loans 

Posted by Jeremy Wascak April 30, 2018 Categories: Credit Scores Loans
As a member of Towpath Credit Union, you already know we’re here to help you manage your money and let it grow in the best ways possible. That typically involves wisely using only the products and services best suited to your needs and
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