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Break free from holiday debt

While the little ones work to stay on the “Nice List” during the holidays, many grown ups find themselves making financial decisions that move their name over to the Financially Naughty one. For those of you who got a little too merry this season, we have some tips to help you recover from holiday debt.

Balance Transfers

First we celebrate. Then we consolidate!

It’s easy to swipe, swipe, swipe a variety of credit cards during the holidays, but who wants to carry large balances into the new year under high, variable rates? Here at UMe, we offer fee-free balance transfers! Avoid paying more interest on your other credit card balances by transferring to a fixed, low rate UMe credit card or personal loan. At UMe, when you transfer your balance, you do it for free!

For more information on how to get your balance transferred, click here.


Personal Loans

Pay down debt with a personal loan.

You’ll often find that rates on personal loans are better than what’s offered with most variable rate credit cards. If you took on unwanted credit card debt this holiday season, you may want to look into a UMe personal loan to help you get back on the financial “Nice List.” Not all debt is avoidable, but paying more than you should is never a good thing.

Give us a click to see if a personal loan is what you need to get you back on the nice list to start the new year!


UMe Holiday Savings Account

The best way to stay out of debt is to not get into it in the first place.

It’s never too late — or too early — to start your journey of saving. This year, consider putting away some money each month and stashing it in a UMe Holiday Savings Account. There’s no minimum opening deposit and no monthly fee to start saving. Plus, you’ll earn interest on balances of $100 or more. That way, when November rolls around, the fruits of your labor will have bloomed and your holiday savings will be ready for your stress-free shopping pleasure!

Learn more about the UMe Holiday Savings Account here.

We want your memories of the holidays to be warm and bright — and for many of us that means a quick and painless recovery from holiday debt. We hope these financial planning tips come in handy for all of this years successes. Give us a call or visit the credit union and we’ll create a debt consolidation plan that works for you!

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