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Home / Resources / Financial Literacy Tips

Financial Literacy Tips

 

Phasing out Cheques

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Ever wonder why cheques are phasing out and why businesses are no longer accepting your cheques?

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Personal Loan Glossary

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“Drawdown”. “Basis Points”. “Unsecured”. What does it all mean? If it’s your first time taking out a personal loan, you might be lost when it comes to the terminology.
That’s why Northern Inland Credit Union has created this handy glossary to explain the terms relating to loans

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Home Loan Glossary

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“Redraw”. “Offset”. “LMI”. Have you been reading up on home loans and getting stumped by terms like these?

Our Home Loan Glossary will explain it all to you!


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Personal Loans or Credit Cards?

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Personal loans and credits card, at a basic level, offer the same thing: the ability to access borrowed funds. The critical difference is in how these funds are accessed and repaid, which means while personal loans and credit ultimately do the same thing it’s still worth seeing which best suits your situation.

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