Whether it’s building up from no credit or very little credit history, raising your credit score can sometimes be a challenge. Saving money on pesky fees isn’t the only way that credit unions can help you with your finances. One of the benefits of turning to credit unions for financial services is that they can often be more forgiving of previous financial misjudgments and bad credit. However, in some scenarios, this may not be the case, and you may have to find an alternative to rebuilding your credit rating.
Maybe you’re trying to consolidate debt, or perhaps you foresee a need for funds in the future. In terms of financial planning, especially in regard to home loans, one's circumstances and vision will often dictate the proper course of action.
It’s an age-old debate in the finance world: personal loans versus credit cards. Both may be good options to help address your financial needs, but the two have significant differences that must be taken into account as you consider your options.
One of the most common New Year’s resolutions is to save more money. Eating out less and spending less on entertainment are great ways to save, but choices that can save big bucks in the long run might not be obvious. They can even seem counter-intuitive in the short-term. Here are a few less obvious tips for New Year savings.
Managing holiday expenses can take all the glitter out of an otherwise golden Christmas. If your personal finances have been stretched beyond reason, don’t despair. Tighten your belt and rein in the reindeer; holiday debt just got easier to handle. Here are a few tips that will guide you to a debt free holiday season.
Credit scores can seem daunting or confusing. To some, they're fateful, seemingly arbitrary numbers that follow their owners everywhere and determine whether they're allowed to finance a new vehicle or rent the ideal apartment. If you’re worried that your number isn’t where it should be, take heart: Poor credit doesn’t have to last forever, and there are several easy steps you can take to improve your score.
If you own a small business, instead of focusing on making more cash, take on the outlook of credit unions and prioritize the needs of your customers.
Although the south is famous for its mild climate, the occasional flurry certainly happens. As southerners aren’t generally expecting temperatures to dip too significantly, lack of preparation can lead to major problems. Low temperatures can sap your home of its efficiency–and your wallet of its contents. Make sure you prepare your home for the winter season with these tips.
The holiday season can be stressful for those of us with tight budgets. We might feel obligated to spend lavishly to fulfill our many social obligations, but that isn’t doing our bank accounts any favors by doing so, and it can impede our attempts at reigning in our finances and sticking to a holiday budget. Here are a few tips that will help you get through another holiday without going into debt.
Consumers are getting savvier about saving during the holiday season. According to the Annual CFA-CUNA Holiday Spending Survey, 32 percent of us said we’d spend less in 2013 and then in 2014, 33 percent of us said the same thing. As that number increases, inevitably the ranks of those who said they would spend more has seen an equally notable decrease…but retailers are catching on to this trend.
Thanksgiving is around the corner, and along with delicious food and time to spend with loved ones are possibly some hits to your budget. If you’re a member of Gulf Winds or are considering becoming one, there are a number of ways that your credit union membership can help you save during the holidays. You don’t have to go out-of-budget for the perfect Thanksgiving, but with the help of your friendly neighborhood credit union, you can still celebrate with a full Thanksgiving belly.
Layaway isn't a widely-used retail tool anymore, but it can be fantastic for budget-friendly holiday shopping. Most layaway plans are cheaper than the interest charged for credit card purchases, so you won't have to reconcile your debt at the beginning of the New Year. Here are three tips for making the most out of layaway.