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Loan & Credit Management Center
- Avoid These Common Loan Mistakes: Tips from Credit Union Lenders
Borrowing money can open the door to life?changing opportunities—buying a car, consolidating debt, or financing a major milestone. But even small mistakes during the loan process can cost you money or hurt your credit score. Credit union lenders see these issues every day, and the good news is that most common loan mistakes are completely preventable.
Below are the top loan mistakes to avoid, plus practical tips from experienced credit union lenders to help you borrow smarter, protect your credit, and get the best possible loan terms.
- How to Compare Loan Offers
By following these steps, you can make a more informed decision and choose the loan that best suits your needs.