LEGACY BLOG
Fixed vs. Adjustable Rate Loans
Have you ever gotten confused when looking for a loan? Which rate type is better? How is the payment calculated? And what is an ARM? Fixed Rate Loan A Fixed Rate Loan, also known as a conventional loan, is a loan in which the interest rate remains the same during the life, or term, of the […]
Five Things You Need To Get a Loan
There are many things that you may want to purchase throughout your life, such as a car or a home that will require you to get a loan. There are a few key things that most lenders will be looking for when you apply for a loan. Below we have listed 5 common things lenders […]
Potential Wendy’s Debit/Credit Card Issue
Card Compromise Recently Legacy Credit Union became aware of a debit and credit card compromise at Wendy’s Restaurants. The Wendy’s Company has now released more information regarding the investigation into unusual payment card activity at its restaurants. Click the Link for more information on the debit/credit card issues from The Wendy’s Company. https://www.wendys.com/en-us/about-wendys/the-wendys-company-updates As always, Legacy encourages its […]
Credit Disability Insurance
Delaying Retirement Savings
Legacy Indy Lights 100!
Legacy Credit Union is proud to present the Legacy Indy Lights 100 races this weekend at Barber Motorsports Park. Legacy Indy Lights 100 races occur on Saturday, April 23th and Sunday, April 24th. Spectators can visit the TNT Fan Zone for more family-friendly fun. View Barber Motorsport Park from atop the Neverland Ferris Wheel. Tickets are $5 […]
The Debt Reduction Diet
In a report by the Federal Reserve and U.S. Census, the average debt in the U.S. is $144,283 per adult over age of 18. Also according the Federal Reserve U.S. debt grew by 3.3% in 2015, while income grew by only 1.7%. In short…we are all need a Debt Reduction Diet. While it is easy to […]
Health & Wealth: What is the Key?
How many times have you tried to go to sleep as your mind keeps racing about your finances? It has been reported that within the U.S, 72% of respondents to an American Psychological Association survey reported feeling stressed about money. Half of this number reported depression stemming from the initial financial stress, with no means […]
What Makes Up Your Credit Score?
The Four C’s of Credit When determining Creditworthiness, Banks and Credit Unions take into account Credit Reports and Credit Scores. However an integral part of the process is the determination of the Four C’s of Credit. The Four C’s of Credit will greatly impact an individual’s ability to obtain auto loans, credit cards and mortgages. Capacity Indicates how much debt […]
Mechanical Repair Coverage
Are you prepared to pay for costly vehicle repairs? According to Edmunds.com, car repair costs rose an average of 6.7% in 2013.1 How many times have you heard stories about cars that never broke down or had any mechanical difficulty, after the warranty ran out? According to a study by IHS Automotive, the average age […]