To celebrate our brand new partnership with the Lynchburg Humane Society, we'll give $10 for every $2,000 balance transfer to a Beacon Credit Card we do between January 23rd and March 31st, 2018. Not only will you help out animals in need, but you'll also benefit from the great introductory rate of 0% APR* for the first 12 months.
The Lynchburg Humane Society is our newest charity partner and they're a valuable member of the Lynchburg community. Hosting everything from Cat yoga to Children's Programs that teach, build relationships and offer support to people who want to be involved in animal rescue, this no kill shelter works towards finding homes for the animals that they take in. Beacon is excited to join this cause and work with the Lynchburg Humane Society on some of their programs.
We'll be announcing more exciting things happening with the Lynchburg Humane Society soon! Be sure to Like us on Facebook, Follow us on Twitter and Watch us on Youtube to keep up with all the latest events.
Click here for more information about the 0% Visa Credit Card* offer.
Our fifth Scholarship will be in honor of B.C Elliott, Jr. Mr. Elliott joined Danville City Credit Union in 1960 and began serving on the Board of Directors in 1976 in the positions of President, Vice-President and member of the Board. He was employed by the city of Danville for 44 years as Assistant Chief of Police. After his retirement, Mr. Elliott continued to serve on the Board of Directors until his death in 2012.
Any member or child of a member can apply for one of five $2,000 Scholarships. You can apply online or download the PDF Application and mail it to Beacon Credit Union. For more information about Beacon's Scholarship Program click here.
Depending on your credit history, cancelation could either help or hurt your credit score. There are many factors to review. The length of time you’ve had that card is an important factor. Accounts that you’ve maintained for longer amounts of time can help improve your credit history, while closing them may damage your credit score. Before you cancel your cards, be sure to weigh the value of your history with that card.
Applying for a Credit Card does create a “hard inquiry”, but does not permanently damage your credit score. It may create a temporary dip, but new cards may help your debt to credit ratio and improve your score. With this in mind you should not apply for too many cards, especially if you have a limited credit history.
This is not always true. If you pay your balances each month, you can gain rewards from using your credit cards without having to pay the interest rates. It all depends on how you use your credit card as to how much debt you take on.
Do you have a new family member who likes to chew the furniture? With new pets or any life changes unexpected costs tend to pop up when you're least prepared for them.
For a limited time, not only do we have introductory Home Equity rates starting at 2.89% APR,* we'll pay your closing costs up to $1,000**.
Visit a branch today and find out more about this great offer. You can use more your money to pay for whatever doozy life might throw at you.