Credit cards have become a way of purchasing today. We all use credit cards to buy now and pay later. When credit card debt begins to pile up, it might be better to pay off the credit card debt with a personal loan. Here are four reasons to get a personal loan to pay off credit… Read More
7 Ways to Avoid Holiday Credit Card Debt
As the holidays bustle in, so does the joy of the season. Make sure to keep the joyous part of the season alive by reducing your stress and managing your holiday spending. The best place to start is by putting away the credit cards. Nothing can take the joy out of the season more than… Read More
How Can I Get a Better Rate on Personal Loans?
Qualifying for a Personal Loan with a Great Rate Taking out a personal loan can help you relieve your debt load and cover unexpected costs, but take stock of your options before settling on one choice. Find the best rate, borrow only what you need and repay your debts on time. How much you can… Read More
5 Ways a Personal Loan Can Save You Money
In the fast-paced world we live in today, we often need or want things before we have the full purchase price. We have all grown up using credit and it seems like most generations today prefer to buy now and pay later. But, we also know that it’s prudent to save our money. Here are… Read More
How to Calculate Monthly Personal Loan Payments
When most people borrow money, the monthly payment is one of their top concerns: is it affordable? Know your monthly expenses compared to current income; or potential income changes during the life of the new loan. If you’re not sure how much you’ll need to pay, a loan calculator – or a bit of math… Read More
How Does Unsecured Debt Affect My Credit Score?
If you’re wondering how unsecured debt affects your credit score, the first thing to know is that any debt can affect your credit score. If you always make your payments on time – it will affect your score in a positive way. And if you miss some of your payments or do not make them on… Read More
What Is the Difference Between Secured and Unsecured Loans?
In a world where most of us are using some form of credit, we often have both secured and unsecured loans. But we rarely stop to consider the difference…until we are asked to secure collateral…or we just have an inquiring mind! Do you find yourself wonder what is the difference between secured and unsecured loans? Here’s the answer… Read More
Chelsea State Bank, Avalon Housing partner to support local housing needs
As a member of the Federal Home Loan Bank of Indianapolis (FHLBI), Chelsea State Bank, in partnership with Avalon Housing, was awarded two grants totaling $868,720 to help fund Affordable Housing Program (AHP) projects in Ann Arbor and Chelsea. “These are very competitive grants offered by the Federal Home Loan Bank of Indianapolis to member… Read More
How Long Does It Take to Get a Mortgage?
You’ve found the perfect home, with the best imaginable location, layout, size, finishes, and price. You’re ready to buy, but there’s one problem: you haven’t started the mortgage process, and the seller will only accept offers from pre-approved buyers. Unfortunately, you won’t be able to make that happen by tomorrow. How long it takes to… Read More
5 Mistakes People Make After Mortgage Pre-Qualification
While it may seem obvious that you need to keep paying your bills during the period between a mortgage pre-qualification and your settlement date, some would-be borrowers neglect their finances. Getting pre-qualified for a mortgage is no easy task, so the last thing you want to do is lose sight of your finances after you have been… Read More