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Channel: Blog Posts – RiverTrace Federal Credit Union in Henrico, VA
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Improve Your Credit with a Credit Builder Loan

When you have a poor credit history, lenders are reluctant to extend credit to you until you rebuild your credit score. Sometimes that puts you in a catch-22 situation. You need new credit to rebuild...

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A Quick Guide For Rebuilding Credit

Creditors are reluctant to extend credit to new borrowers because they don't know whether they'll repay.  On the other hand, creditors are even more reluctant to lend to borrowers with poor credit...

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Use Debt Consolidation To Get Financial Control

Debt consolidation is the process of combining numerous smaller debts into one larger and easier-to-pay loan. The average American household that carries debt from month-to-month has $16,048 in debt,...

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The Ultimate Auto Loan & Purchase Guide

Although buying or leasing a car is very common, the experience is different for every person. Some people prefer to keep costs low and consider only older vehicles while others prefer to buy new...

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How To Get Better Rates On Vehicle Purchases

If you're planning to buy a new car, we offer a financing option that might save you money with better interest rates.  Leveraging The Vehicle Connector Loan Now, let's take a look at our Vehicle...

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Dealer Financing vs. Credit Unions

Are you thinking about buying a new car? Well, you’re not alone. New car sales have topped the charts in recent years, with nearly 18 million annual car sales in the U.S. While a very small percentage...

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A Guide to Motorcycle Loans in Richmond, VA

Buying a motorcycle can be a great investment for several different reasons. Not only are they incredibly fun to ride, but motorcycles are often less expensive than other vehicles. Not only that, they...

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Motorcycle Loan Rates In Virginia

Motorcycle Loan Rates In Virginia Many people are unaware a motorcycle loan is not generally classified as a vehicle loan. In most cases, they are classified as a recreational vehicle loan or adventure...

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Motorcycle Loan Rate FAQs

When the open road calls you, one purchase you may be considering is a motorcycle. However, if you’re not sure about the motorcycle loan process, you may be uncertain where to start. Here are some of...

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How to Rebuild Credit

According to a recent survey by the Consumer Federation of America and VantageScore Solutions, 18- to 34-year-olds know less than other demographic groups about who collects the information on which...

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