Your Advantages


With so many financial products available, choosing which type of account to open can be just as stressful as deciding where to open one. For consumers looking for earnings on their savings, one of the options that credit unions offer is share certificates. Here’s a brief overview of how they work and some of their advantages and disadvantages.


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There are all sorts of ways to guard your home from the winter elements. Some are cheap and may even fall in the do-it-yourself category, like adding weather stripping and caulking.


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Organize Your Finances for the New Year

A new year brings a chance to start fresh with just about anything. If your midnight toast includes a resolution to improve your financial health, here’s how to make it happen.


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snowman Advantage Federal Credit Union Holiday Hours


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Posted by NerdWallet on September 12, 2016 by Bev O’Shea

When you apply for a loan or a credit card, the lender checks your credit score. That can knock off a few points.

But the same is not true when you check your own credit.

When you — or a creditor looking to preapprove you for a loan or credit card — check your score, it’s considered a soft inquiry.

That’s different from applying for credit, which results in a hard inquiry. A hard inquiry might cost you up to five points according to FICO, the creator of the most widely used scoring formulas. With VantageScore, an increasingly popular credit scoring model, an inquiry could cost 10 to 20 points. So, if you apply for several credit cards close together, you might see a significant drop in your credit scores.


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