Archive
August, 2011
Browsing all articles from August, 2011
0
Posted August 23, 2011 in Blog by Ryan

Meeting with the Georgetown’s $14M student credit union

In July, I had the opportunity to meet with the summer staff at the Georgetown student credit union and learn more about their operations in person.

At GUASFCU, Georgetown University Alumni & Student Federal Credit Union, in Washington D.C. students operate an independently chartered credit union

During the school year, the credit union operates with a staff of about 120. During the summer four department heads operate the office with reduced hours. I met with three of those staff, Katie, Justin, and Michael.
Read more »

Random Testimonial

  • ~ Which factors affect credit scores?

    "Here is a website that presents the info relatively easy and not too boring: http://www.alberta-mortgages.com/articles/credit-bureau.html Also, you can get a free credit report at http://www.consumer.equifax.ca/home/en_ca. From alberta-mortgages.com:

    Here are the factors considered when calculating your credit score and an estimate of how heavily each factor might be weighted.

    » Past payment history (35 percent): bankruptcies, late payments, past due accounts and wage attachments
    » Amount of credit owing (30 percent): amount owed on accounts, proportion of balances to total credit limits
    » Length of time credit established (15 percent): time since accounts opened, time since account activity
    » Search for and acquisition of new credit (10 percent): number of recent credit inquiries, number of recently opened accounts
    » Types of credit established (10 percent): number of various types of accounts (credit cards, retail accounts,"

  • Read more testimonials »