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CRI Solutions Signs Multi-Year Agreement with Howard County Teachers Association Federal Credit Union

Posted: 2011-01-04 00:00:00


Elkridge, MD – CRI Solutions, Inc. today announced that it has signed a multi-year agreement with Howard County Teachers Association Federal Credit Union (HCTA), based in Maryland, to provide its members with its GAP debt protection product.

“As we continue to serve more credit unions across the country with our leading financial and technology products and services, we are proud to also be adding a new local partner,” said Brooke Strohman, CRI Solutions President. “We look forward to working with HCTA in the future as they continue to provide the best value and service for their members.”

CRI Solutions offers a full suite of financial products that provide protection for credit union loans, members, and for the credit union itself. In combination with its multi-level training, incentive tracking programs, and integrated technology, CRI Solutions provides means for credit unions to deliver more products and services as well as earn more income. 

About Howard County Teachers Association Federal Credit Union

Headquartered in Ellicott City, Maryland, Howard County Teachers Association Federal Credit Union (HCTA) serves the Howard County Department of Education employees, Maryland Department of Education employees, Howard County Head Start employees, MSEA employees and immediate family members. For more information, visit www.hctafcu.org.

About CRI Solutions

CRI Solutions serves credit unions by developing and delivering insurance and financial products such as Debt Protection, Credit Insurance, GAP and Auto Warranties. The company's best-of-breed technology platforms: CRIterion® and InterLend®, market leading custom lending and workflow solutions, were designed exclusively for credit unions.  CRI Solutions’ technology offerings also include IT consulting, business continuity services, and indirect lending interfaces. 

Along with its Canadian affiliate, CRI Canada, CRI Solutions provides products and services exclusively to credit unions and has relationships with more than 250 credit unions across North America. CRI Solutions integrates our financial products with our technology software solutions to enable our clients to operate more efficiently and provide better service to their members. For more information, visit www.CRISolutions.net.

# # #

Contact:               Mitchell Schmale

                                Maroon PR

                                410-336-8571 or Mitchell@MaroonPR.com

 
Comments (6)
Posted:2012-04-30 02:28:43
By:Leatrice
1. You can try again in a few months after making higher than just minimum payments. Once you pay down some debt, your score may be high enough to qualify.2. You can make higher than minimum payments for several months, and then contact your credit card companies to request a lower rate. That can help you pay them off even faster, and it may lower your payment slightly if you need a break.3. You can use the equity in your home to get a home equity loan. This can give you a much lower rate that may also decrease your income tax burden (ask your tax adviser). It does mean that you are securing what was once an unsecured debt with your greatest asset. If you are not a homeowner with equity, then this is not an option.

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Posted:2012-04-23 04:02:28
By:Chartric
Pay off the debt first. Interest rates on savings are pathetically low. In the long run, you will save more money by paying off the debt and not spending it on interest fees. One way to get your debt under control is to focus on one card and pay it off. Then once it is paid off, take that money and increase another card’s payment by that amount until it is paid off. By paying off your debt, it will increase your credit rating and in the future you will get better interests rates on other loans, such as car and house. That can save you hundreds a month.References :

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Posted:2012-04-18 00:20:01
By:Lorren
=======================================Five Things Every Woman Should KnowBEFORE Signing Any Credit Application!-by Terry Price(C) Copyright Terry PriceAll Rights Reserved======================================= Have you ever wondered if bankshave a tendency to approve credit cardsand loans for one *** more than theother? If you are married (or plan tobe) I will share with you five vitalkeys every married person should knowbefore signing any credit application.VITAL KEY #1: According to the FederalEqual Credit Opportunity Act (FECOA)creditors cannot deny consumers accessto credit because of their ***.However, on average (in surveys) it’sreported that women earn less moneythan men. Regardless of what the FECOAstates, the relationship of credit toincome is very strong. In our society if you make lessmoney you will get less credit, period.The sad fact is that women on there ownhave less access to credit. It’s forthis reason (I believe) it isimperative that women learn and acquiremore knowledge about credit than men.Knowledge is power; and in the world ofcredit that knowledge will often timesprove to be priceless, especially forwomen.VITAL KEY #2: If you are a marriedwoman with JOINT credit (meaning allyour credit accounts are jointly heldwith your husband) you have NO CREDITyourself. Many women in America findthis out the hard way every year whenthey get divorced and lose all theircredit privileges since all theiraccounts were jointly held with theirspouse. If you are a woman in thisposition you can greatly benefit bybeginning to build your own credit inyour own name starting today! Thebenefits are two fold.1.) If your spouse has financialdifficulties (for any reason) and isforced to file bankruptcy or theircredit becomes derogatory, you and yourspouse will have your credit in reserveto survive on.2.) If you ever get divorced down theroad (over 50% do and 76% in the stateof California) you will NOT end up infinancial hardship due to no creditand/or derogatory credit. Instead, youwill have your credit to transition toand (believe me) this can be thedifference between sailing off in thesunset or drowning in a storm.VITAL KEY #3: If you are currentlymarried (with some credit or no credit)to a spouse who has excellent credit,you can leverage their credit to buildcredit in your own name much fasterthan if you had to build it byyourself. Later, once you haveestablished enough accounts on yourown, you may choose to cancel accountsthat were held jointly with your spouse.VITAL KEY #4: If you are a singlewoman with excellent credit and aregetting married you may want to thinktwice about adding your new lover toall your credit accounts. If he messesup or you end up in divorce down theroad your credit will end up taking thebeating (regardless of how many yearsyou diligently spent building it up).For this reason, I strongly suggestmarried couples keep their creditseparate. Why? In most cases spouses have far moreto lose than to gain. Naturally, somecredit will have to be joint no matterwhat you do. If you purchase a home(which may require both incomes toqualify) this will appear as a jointaccount on the credit report. However,the potential abuse with a homemortgage is almost non existent asopposed to Credit Cards.VITAL KEY #5: Spouses have more togain by each building strong individualcredit reports rather than joining allaccounts and building one joint report.For obvious reasons, banks and creditcard companies love the “creditignorance” of spouses who join alltheir credit accounts upon marriage. Here’s why: If you take 500,000couples with credit before they gotmarried, those 500,000 couples actuallyrepresent one million credit accountsand liabilities for the banks andlenders. When those couples gotmarried, those one million creditliabilities were instantly were cut inhalf from one million to only 500,000.For banks this is a very advantageoussituation. For the couples gettingmarried (if they have financialtrouble) the deal is a little raw. Ifthey have trouble, although they aretwo people, they are represented byonly one credit report. The bank nowhas the right to go after two differentpeople for one account (regardless ofwho was financially negligent). For moment, let’s play out the samescenario with a couple which isfinancially savvy (note: they’re bothon the same “team” but financiallysavvy). In this scenario, the couplegets married, but instead of joiningaccount each builds their individualcredit reports. Now this couple (team)has not one credit report representingthem but two. Metaphorically, if theperfect storm (financially) is to rise,this is the difference between thecouple being in the ocean with twoships instead of one. If the one shipstarts to sink, the couple can always“jump ship” to the second. While some may criticize thisthinking it is no different than buyingany kind of insurance. You buyinsurance not because you plan on aproblem. You buy insurance because youare thinking ahead. This type ofthinking is no different. However, ifyou want to be ahead of the pack thatyou need to think ahead of the pack. I cannot tell you how many times Ihave talked to loving married couplesin financial trouble who only WISHEDthey would have known about these fivevital keys before they got intofinancial trouble. Take them, studythem, apply them to your life. As Iheard one woman put it “In business andin life I’ve learned to expect the bestbut plan for the worst”. I thought herwords were brilliant. However, I havefound that when I expect the best…many times I tend to get it! Takethese five vital keys. Study them.Apply them. Then pass them on tosomeone else who can benefit from them.(END)In a few days we’ll talk about:“Facts You Should Know BEFOREUsing A Credit Repair Company”=======================================Terry Price is the founder of ConsumerEducation Group which publishes theCredit Secrets Bible (in print since1994).For more information on the CREDITSECRETS BIBLE you may visit:=======================================

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Posted:2012-04-03 04:55:47
By:Honney
Shifting your existing debt to another loan isn’t the answer. With a bad credit history, you are going to be the target of every loan scam — not just high interest but up front fees.Take a close look at your spending habits and figure out how to cut expenses and increase income. Get a second job — pizza delivery seems to be pretty flexible. Make a strict budget. Elimnate the extras — cell phone, eating out, new clothes, premium cable and internet. Squeeze every penny out of that budget and slap it on your highest interest debt, while paying minimum on the rest. When the highest interest rate debt is paid, move to the next till they are all paid off.It will take 2 or 3 years but you will building a good credit history and won’t have to resort to high interest consolidation loans.

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Posted:2012-03-29 22:51:09
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Posted:2012-03-29 14:06:12
By:jagungbose
Shifting your existing debt to aheontr loan isn't the answer. With a bad credit history, you are going to be the target of every loan scam not just high interest but up front fees.Take a close look at your spending habits and figure out how to cut expenses and increase income. Get a second job pizza delivery seems to be pretty flexible. Make a strict budget. Elimnate the extras cell phone, eating out, new clothes, premium cable and internet. Squeeze every penny out of that budget and slap it on your highest interest debt, while paying minimum on the rest. When the highest interest rate debt is paid, move to the next till they are all paid off.It will take 2 or 3 years but you will building a good credit history and won't have to resort to high interest consolidation loans.

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