March is Credit Education Month! Here are some ways to Improve your Credit Score!
Topics: credit enhancement
We use credit scores every day providing them free to you in our mobile app and home banking platforms. They are very important to us as well as to banks, credit card providers, insurance companies and in many other areas of life. But it can be an impersonal way to do business if used on its own. So Finex Credit Union has adapted our personal service approach to use credit scores in lending; but only with other facts we have about you to provide a more accurate picture. Here are some illustrations.
Certificates of deposit, or CDs, are not the most exciting investments, but they are among the safest. They make perfect sense for the risk-averse or for people just looking to park some cash over a specific period of time.
Unlike Snoop Dogg, incoming college students might not have their minds on their money and their money on their minds. But if you're just starting out on campus and can put some of your focus on your finances, you have a great opportunity: Knowing how to manage your cash can save you endless headaches down the road.
Topics: Excel 24
Sometimes it's smarter to buy certain items according to the season, like sweaters near the end of winter and swimsuits in late summer. But what's the best season for buying a house?
The answer: the fall. As temperatures cool and trees shed their leaves, enough factors break in the buyer's favor to make it the No. 1 season for homebuying. Here's why.
When you take out a second mortgage, a name for a home equity line of credit, you're offering your house as collateral to secure another loan. The upside: You can gain access to up to 85% of your home's value, minus your current mortgage balance and adjusted based on your creditworthiness.
The downside? If you can't make your payments, you could lose where you live.