Frequently Asked Questions

To establish good credit, you need a steady work record and continued residence at the same address. If you do not have a checking account, open one and be careful not to bounce checks. Read more about the benefits and ways to establishing good credit.

Fremont Federal Credit Union is proud to partner with other credit unions from the Northwest Chapter of the Ohio Credit Union League to present Finances 101 several times a year to area high school students.  During a session of Finances 101, students travel around a life-sized game board to get a feel for what the "real world" is like.

Our Financial Resource Center also offers resources on learning how and why Budgeting is important.

Cosigners lend their names and good credit histories to the maker. Should the maker die, lose a job, or otherwise fail to make payments, all responsibility for meeting the terms of the loan transfers to the cosigner. An often-overlooked aspect of cosigning a loan is the fact that the loan appears on both the maker's and cosigner's credit reports.

To make this decision, calculate your monthly payments and your total net cost. When you compare these amounts, you can determine which option is right for you. Use our Auto Buy or Lease calculator to help you.

Learn more about financial record-keeping from our Financial Resource Center.