Credit Archives - Utah First Credit UnionUtah First Credit Union

Jul 22, 2022 / Credit

Revolving credit makes the financial world go ‘round. It can also keep you from having to run circles in your financial life to apply and reapply for loans. Here is a brief overview of this revolutionary credit concept and some ways it can help you evolve the way you think about borrowing money. What Is…

Jun 06, 2022 / Credit

Are You Creditworthy? (Cringe)

Creditworthiness. It just might be the cringiest word in the entire financial dictionary. At the very least, it evokes feelings of unfair financial judgment—separating the haves from the have-nots and generally making a certain percentage of the population feel less than stellar about their current…

May 09, 2022 / Credit

3 Financial Decisions that Follow You (And How to Successfully Start Over)

Everyone has a few financial regrets. No one is perfect with their money 100% of the time. But some financial faux pas are less forgiving than others. In fact, some can impact your credit for years to come and severely limit your financial flexibility. Here…

Oct 15, 2021 / Credit

4 Credit Tips for Financial Beginners (and Begin Again-ers)

Whether opening up your first account, applying for your first credit card, or depositing your first paycheck, every financial journey starts with a single step. For most, these first financial steps are exciting and new. But for those with colorful credit—whose financial journeys may have…

Jul 22, 2021 / Credit

Can You Still Get a Loan if You have Colorful Credit?

At Utah First, our members come from all walks of life. When it comes to credit, some have pep in their step and others have been told to take a hike by big bank lenders, who talk the talk, but don’t walk the walk with…

Jun 03, 2021 / Credit

Is Your Financial Institution the Right Fit for You?

Before you go to your financial institution to ask them for a loan, take a moment to ask yourself what you want out of your financial institution. After all, if you’re going to be one-half of a legitimate lending partnership, you should have a say…

May 12, 2021 / Credit

3 Ways to Build Your Credit

When financial times get tough, credit scores can suffer. It’s one of the unfortunate facts of financial life. But having less-than-perfect credit (or no credit) doesn’t have to disqualify you from the kinds of quality loans and financial services that can help you both live…

Sep 17, 2020 / Credit

How to Research Your Credit Score Before Applying for a Car Loan

Your credit score and car loan are inseparably connected. In fact, your credit score is arguably the most important factor influencing your car loan. It impacts the interest rate you qualify for and the final price of the vehicle you buy. So, it’s important to…

Jul 01, 2020 / Auto & RV

Is Now a Good Time to Buy a Car?

Just as people are wondering if now is a good time to buy a home (see last week’s blog post), many people are wondering if now is a good time to buy a car. Spoiler alert: now is a great time to buy a car.…

May 05, 2020 / Credit

A Step-by-Step Guide to Switching Business Bank Accounts to Utah First

Business bank accounts are a big deal for small businesses, and it’s easy to see why. Businesses rely on their banks to help run daily operations. They place their faith, trust, and the care of their finances in an institution, and rightly expect to be…