The Hidden Costs of Balance Transfers | Credit Union | Needham 11/15/2017
For many, balance transfers are an enticing way to manage high credit card debt. The promise of interest-free introductory offers and cash back rewards are often enough to tempt borrowers to grab the first deal they see. However, not every offer is as amazing as it seems. Before you decide to take the plunge, beware of three common pitfalls that could derail your balance transfer.
Train your kids to save | Credit Union | Needham | MA 10/23/2017
Getting financially fit isn't easy. But teach children how to save and they’ll have one of the most difficult aspects of finance mastered by the time they're teens—being consistent savers.
4 Questions to Ask Yourself Before Buying a Home | Credit Union 10/09/2017
If you’re making major life moves—getting married or having kids—and starting to get the homebuying itch, consider asking yourself these 4 questions.
What is a mobile wallet and why should I use it? | Credit Union 09/18/2017
In the simplest of terms, a mobile wallet is a method of paying. You can use your mobile wallet to make payments in a physical store or even sometimes online depending on the retailer. It is exactly like swiping your card in a store at check-out or giving cash to pay, but is much easier than both of those options.
3 Questions to ask Before You Choose a HELOC | Credit Union 08/04/2017
A Home Equity Line of Credit, also known as a HELOC, is a revolving line of credit that allows you to have access to cash to pay larger expenses. Much like a credit card, a HELOC provides credit up to a predetermined limit and allows you to withdraw funds when needed. HELOCs are typically a more affordable way to borrow than a credit card because your home is used as collateral, which significantly lowers the interest rate for the borrower and the risk to the lender. Are you wondering whether a HELOC is right for you? Here are three questions to ask yourself before you apply.
7 Ways to protect your credit score | Credit Union | Needham 07/21/2017
When you swipe your credit card, you might not be thinking about what your creditors are doing to make sure they recover the money they just loaned you. But, as you make your next purchase, make sure to protect your credit score.
Keep your finances safe while traveling | Credit Union | MA 07/18/2017
What to do to protect your finances before you leave for vacation and while you're away on vacation.
Tech Tip from our IT Department: Suspicious Emails | MA 06/28/2017
If you receive a suspicious email that asks for sensitive or confidential information, whether it be personal information or workplace information, you should delete the email. If the email came from someone that you know or do business with, send an email back or call them directly to verify that they sent the email.
Options for consolidating debt | Credit Union | Needham | MA 05/09/2017
Starting to feel a little pressure because of your debt? You might think about consolidating that debt into one loan—but how to do it? We've given you four options that many people consider when looking to consolidate debt.
CD Laddering: Easy Way to Amp Up Your Savings | Credit Union 04/27/2017
Knowing how to get the most out of your savings can be a challenge. How do you earn money from your savings without tying it up for years? Enter the magic of CD laddering.
Tech Tips from DFCU's IT Department | Credit Union | MA 04/18/2017
All Operating Systems Can Be Affected By Viruses and Malware. Take Steps to Protect Your System. Many believe that Mac computers are immune to viruses and malware, but this is not true. Any operating system, and even mobile devices such as smartphones and tablets, can acquire viruses and malware. To protect your system, ensure that you have an updated security system running at all times, scan anything you add to your computer, and avoid opening programs and links that seem suspicious or aren’t from someone you trust. Simple Passwords Are Often Easily Guessed. Use a Mix of Upper and Lower Case Characters, Numbers and Special Characters.
WHAT TO KNOW BEFORE BUYING YOUR FIRST HOME | Credit Union 03/09/2017
Almost half of young adults with student loan debt say that debt is hindering them from buying a house, according to a survey by NeighborWorks America. While student loan debt can be a concern for many, another new study shows that that for some it isn't interfering with their home-buying plans at all. Four out of 10 millennials still plan to purchase a house within five years, according to Origination News.
Shape up your finances | Credit Union | Needham | MA | DFCU 01/19/2017
Improve your financial fitness and manage your wealth. Follow our 8 steps to get your finances in shape.