Delicate Balance

Barefoot man balances on slackline

Life is all about balance. Some days you might feel like a member of the Fab Five, just trying to keep both feet on that balance beam so that you can achieve your dreams. I’ll tell you, every Olympic gymnast I watched on that balance beam caused me to hold my breath and keep my body perfectly still – hoping that maybe my stillness would somehow help them keep both feet on that beam. A delicate balance, that’s for sure.

It’s not so different with our finances, really. We have to do everything we can to stay grounded because swaying too far one way or another could cost us lots of points (on our credit report, that is).

At Linn Area Credit Union, we want our members to feel as balanced as possible. One perk we have over pretty much anyone else is that our credit card rates are super duper low. We urge you to take a look at the rates you are paying on your cards and then compare them to ours. One suggestion we have is for you to move any balances you have on a higher rate card over to our low rate cards and, ultimately, pay less in interest.

Did you know that it doesn’t just have to be a major credit card you can transfer a balance from? It can be a store card or even a loan.

So how does this work? If you already have one of our credit cards, you just click here to fill out a balance transfer form online or come on in and we’ll hook you up. If you don’t have one of our cards yet – yeesh, it’s about time you get on that! Go here to get started.

The balance transfer form needs the following info regarding the card/loan you are transferring the balance from:

Pay To (the name of the credit card/loan we are paying off)
Address (the addy of the place were you currently send your payment to for the card or loan we’re paying off)
Account Number (you guessed it – the account number of the card or loan we are paying off!)
Amount to be transferred

Interest will accrue (but at a lesser amount than before on your higher interest card), but we won’t charge you any fees for this service. Allow three weeks for the transfer to be made and make any payments required during that time. Keep in mind, the amounts you transfer must stay within the credit limit of your card.

I’m going to take a wild guess and predict that your plan for 2016 probably does NOT include balancing on a beam while donning a red sparkly unitard as the whole world watches, but, if you get with LACU, you might be gearing up for a gold medal in financial freedom!

Now that we’ve all had plenty of time to recover from all the late nights of staying up to watch the Olympics, what was your favorite moment?