The credit union movement began with a simple idea – that people could achieve a better standard of living for themselves and others by pooling their savings and making loans to neighbors and co-workers. Credit Unions were originally formed to “promote thrift among its members.” This “not-for-profit philosophy” still exists today to encourage … [Read more...]
The Perks of Setting Financial Goals
Federal Direct PLUS vs. Private Loans
If you’ve exhausted scholarships, grants, and Federal Direct Loans to cover college costs and are still left with funding gaps, you might be considering Federal Direct PLUS or private student loans. There are some key differences between the two loan types that are important to understand. What to Know About PLUS Loans First, let’s go over some … [Read more...]
Used Autos Are a Great Option
It seems like finding a new vehicle at a reasonable price is nearly impossible. Because car manufacturers are catering to a full luxury market, new autos are downright expensive! Now’s a good time to consider the used car market, where prices are falling consistently from pandemic highs. Kelley Blue Book reports that the average price of used cars … [Read more...]