Credit unions are not banks.Twice as many respondents found credit unions trustworthy compared with banks. A recent study of 10,000 millennials found that four of their most hated brands were banks. Four years ago, Kristen Christian, who as a cooperative activist is always thinking about credit unions, became so disgusted by the way Bank of America was nickel-and-diming its customers she created a Facebook event called Bank Transfer Day . Soon 54,900 of people had liked the Facebook event, contributing to more than 2.2 million new credit union members for the 12-month period encompassing Bank Transfer Day.
When considering your first home, you're faced with a lot of decisions: Downtown or the suburbs? Craftsman, ranch, or Cape Cod? Hardwood floors or carpet? These are all important, of course, but one crucial decision you'll face may be one you haven't examined. What kind of home loan would work best for you: a fixed-rate or an adjustable-rate mortgage (ARM)? Choosing wisely could save you a lot of money and future anxiety. Fixed-rate mortgage Fixed-rate mortgages carry the same interest rate and monthly payment over the life of the loan. This stability makes fixed-rate mortgages a popular choice for many home buyers.
Obviously, some of the most important factors for new (usually young) drivers is the safety of the new car. Ironically, many of these young drivers will be interested in technology features, some of the very elements that lead to the dreaded “distracted driving.” Parents or grandparents who are either buying a car for a teen or are guiding that process need to focus on crash test ratings and the nature of the technology features to be sure that their potential distraction level is minimal. For this group, usually operating on a limited budget, a relatively gas mileage rating is important, too.