Although local lenders offer auto loan refinancing, only about 12 percent of borrowers take advantage of the option. That’s largely because average car buyers are unaware such programs exist or don’t know how to apply. By understanding what auto loan refinancing involves and its potential benefits, community members can make informed decisions about their financial health and well-being.
We have all been there, you went out to eat with a group of friends and one person pays the bill and the rest send their share over via an app. Super convenient. No one needs to worry about carrying cash or splitting checks anymore. You can support small businesses and purchase unique items all over the world without worrying about how to pay. Receiving and sending money to someone today is as simple as the click of a button. In fact, there are a variety of different mobile payment apps that you may have used that allow us to quickly exchange money with friends, family, and businesses. Unfortunately, though, online scams are a real thing and if you are not careful; you could end up being a victim when you send money via one of these online applications.
Approximately 100 million Americans spend time on the water and recreational boating increased by 35 percent since 2018. Buying a boat ranks high on people’s lifestyle lists, as more than 260,000 were purchased last year alone. But some families still have financial and other reservations about Buying a boat. In order to make an informed decision about owning a watercraft of your own, consider the following.
As a first-time buyer, the idea of owning a brand-new boat may be more exciting than the financial reality. That’s largely because buyers pay a premium to be the only ones to power up the engine or set sail out on the water. Buying a used boat, by contrast, can be more affordable. If the goal is enjoying the boating lifestyle, why not take out a more modest boat loan that fits comfortably into your monthly budget?
An increased number of Americans have embraced the freedom, excitement, and peaceful enjoyment of the boating lifestyle in recent years. As the number of first-time boat buyers rides a wave of enthusiasm, it may be prudent to feather and drift while conducting due diligence. Buying a boat can be a significant investment that provides years of good times and fond memories. But before purchasing your first boat, consider the following tips to make an informed decision.
A personal loan continues to rank among the most popular borrowing options because they offer tremendous flexibility. Getting approval for these unsecured products is largely based on credit scores, income, and repayment history. Because local lenders place few restrictions on their use, smart community members put them to work. If an injection of cash would help you further your quality of life or professional goals, these are ways a personal loan can help.
All parents want to ensure their children have every opportunity to succeed in life. Teaching teens how to build credit positions them to take advantage of lending opportunities as young adults. Unfortunately, people between 18 and 25 years old, identified as Generation Z, have the lowest average credit scores of any demographic at 679. But by better understanding why establishing creditworthiness early is important and taking the steps to acquire a good FICO score, your child could enjoy greater financial success.
It’s Never Too Early When it comes to learning good money management tips; it's truly never too early to get started. In fact, learning how to save and spend wisely when you're young gives you great insight on how to best handle your finances and will help you build a solid financial future for years to come. By the time you graduate from high school and are headed to college or looking to begin a new career, you should be prepared to earn money as well as how to properly spend and save it. Here are some basic money management tips to help savvy young adults make the most of their income no matter how much money they're making.
Shopping around for a new house? Right now, we’re in what experts call a “cool market”. But that doesn’t mean you can’t find the home of your dreams. Read on to learn more about what a cool market is and how you can use the current conditions to your advantage as you house hunt.
When it’s time to buy a new car, most of us need some type of financing to pay for the vehicle. While there are a variety of options for auto loans, some are more consumer-friendly with better interest rates and deals than others. There are several reasons why a credit union car loan is a great choice.
Membership in America’s Credit Union is open to anyone who lives or works in Dallas, Rockwall or Collin Counties, Texas, and their family members. Employees of select employers may also be eligible. See our Membership page for details.