There’s never been greater access to information on everything from make, model, fuel efficiency, past accidents and more to help you make the right decision. Yet, according to Edmunds.com, consumers continue to make the same buying mistakes. Are you guilty of these?
Fall in love with a Credit Union this Valentine's day.
The stars have aligned and finally, instead of just watching those house hunting shows, it’s your turn to being the search for your first home. According to the National Association of Realtors 2018 Home Buyer and Seller Generational Trends report, 34% of all home buyers are first-time buyers. In addition, 65% of those first-time, would-be homeowners are under the age of 37.
The Fair Credit Reporting Act entitles everyone to one free credit report every year from each of the three nationwide credit bureaus, but many consumers don’t take advantage of it.
Here are few tips from the Federal Trade Commission and Identity Theft Resource Center on how to protect your digital profile.
Safety Tips for Black Friday and Cyber Monday Scams
The countdown to Thanksgiving has begun. We all look forward to preparing a great meal for friends and family, but the costs – in both time and money – can be hard to digest.
Whether you're buying your first home or your fifth home, your financing options can be confusing. That's because many types of mortgage loans are available, with varying rates and terms. However, the basic difference in mortgage loans boils down to these aspects of the loan: - Whether the interest rate is fixed or adjustable. - Whether the loan is government insured.
So, you’ve had a lot of expenses pop up out of nowhere. Your kitchen has been remodeled for a refi, you’ve replaced your busted washer and dryer, and you’ve had to buy new furniture because some visitors from England decided to bounce up and down on your couch and break it. Just like that, you’ve run up your credit card and you’re past your no-interest pay period. It is a pickle. There is, however, a way to get around it. You can have a high balance and not be stuck paying high interest on your credit card. You might ask how. Well, here’s the big secret; Balance transfer.
Before you start looking at houses, here are a few key mortgage terms you need to understand before you look into financing the home of your dreams. Principal This the original total amount borrowed from your lender, before interest. Interest Interest is the cost of borrowing money. You repay the principal amount of the loan, plus interest.