Credit Education
Credit is part of everyday life—from auto loans to home mortgages to college tuition. It's convenient and useful when managed wisely. Beneficial is committed to responsible money management. Helping you understand the basics of personal finance as well as the financial business could help your financial future.
Get started with our collection of articles and tools. Since we frequently update and expand our credit education resources, check this page often!
How Credit Decisions are Made
Get in control. Understand the credit process, the factors that influence your credit rating and the ways to repair credit that may be less than perfect.
Credit Reports
Who rates your credit? Why is it important? Get a grip on the basics and credit standings whether you are establishing credit for the first time or rebuilding your credit.
Repair Your Credit
Your credit rating says a lot about you. Even if your credit has been less than perfect, you could improve your rating and move on. Learn how credit agencies work. Read tips to deal with debt.
Managing Spending
Is your budget stretched to the limit each month? Daily spending adds up. You could gain control over your finances by learning how to budget?and by learning how to live within your means.
Articles
Need more credit education? Consult our resources on subjects ranging from managing credit card debt to mortgage refinancing.
- Money, Credit and Loans Cash and credit: what are the basic differences?
- Saving and Budgeting Creating a budget can help you manage your debt, maintain good credit…and have more money.
- Managing Debt Debt can grow out of control—fast—if it's not watched closely. Find out what you need to know to get out and stay out from under heavy debt.
- Paying for College College—for yourself or for your kids—is a very big investment. Learn about your financing options.
- Refinancing Your Home Interest rates go up and down. Is mortgage refinancing the best option? Get the facts on refinancing and find out if it's the right choice for you.
- Home Equity Your home is not only a place to live, it could also be a good investment. Find out whether using the equity in your home is the right choice for you.
Payment Difficulties
When payment difficulties arise, Beneficial can help!
At Beneficial we know that life can be unpredictable and that's why we're here to help. Unexpected challenges—such as loss of employment, medical problems, or other circumstances—can make your loan payment difficult.
Your first step should be to contact an Beneficial Loan Specialist at 800-958-2540.
At Beneficial we have a team of experienced Loan Specialists that are dedicated to assisting you, and have helped many other customers facing tough times work out a payment resolution. Depending on your unique situation, we may be able to offer you short- or long-term solutions that can provide relief.
In order to request assistance online, you will need to login to the secured area of the site. Please click on the link below in order to login and be routed to request payment assistance:
Or, if you have any questions regarding your current loan situation, please contact an Beneficial Loan Specialist at 800-958-2540.
