Blog

24 01, 2017

Get Your Taxes Done Right and Save

Tax time is just around the corner, so start planning now! Day Air Credit Union has teamed up with TurboTax® to save you up to $15 on TurboTax
federal products and give you a chance to win $25,000 in the TurboTax $25,000 Payday Sweepstakes. TurboTax® translates taxes into simple questions about your life, so you Read More

17 01, 2017

Should You Buy a Home With No Money Down?

Did you know that you can buy a house with no money down? There are several loans and/or grants available to first time buyers, military veterans and everyday people. I am a fan of no money down home loans and grant programs, and here is why I think you should be too.

Keep your cash

To Read More

15 11, 2016

Are Store Credit Cards Really a Good Idea?

So, you hit the stores for some holiday shopping and, sure enough, when you’re checking out at the register the sales associate offers you a discount – 5%, 10%, 15% — on your purchase in return for opening a store credit card. The same thing happens online. For example, you’re ready to check out Read More

30 08, 2016

Hey Millennials…Should You Own or Rent Your Home?

“Mortgage interest rates can’t go any lower!” That’s what many Americans have been saying for the last seven years. Well, thanks to Brexit and other global economic factors, rates continue to drop.

Several lenders have priced their 30-year fixed rate mortgage around 3.00% to 3.50% (based on the qualifications of the borrowers).  Those awesome rates are about Read More

26 07, 2016

Joining a Credit Union Before You Need to Borrow is a Smart Move

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    Joining a Credit Union Before You Need to Borrow is a Smart Move

While you may not need a vehicle loan today, do you expect that you’ll need to borrow money to buy a vehicle in the near future? Regardless of your credit history, joining a credit union and establishing a relationship now is a smart move that could really help you down the road when you Read More

19 07, 2016

Home Improvement

They say that you shouldn’t take your work home. But, after spending all day in the construction zone of our Kettering branch remodel, I can’t help it.

All day long it’s, “What color should the walls be?” “How can we squeeze another office into this space?” “Is the conference room big enough?”

I guess that I Read More

10 05, 2016

How much is too much debt?

How much is too much debt?

Seems like a silly question doesn’t it? “No debt,” would be the obvious answer, but unfortunately that is not a realistic goal for the majority of people. A report from Nerd Wallet in 2015, stated the average household credit card debt is over $15,000 in credit cards, and $130,922 Read More

19 04, 2016

Private Student Loans

Finding the funds to pay for a college education can often be challenging process.

First check with your college or university to see if you may qualify for any type of scholarship, then check with the FAFSA (Free Application for Federal Student Aid) website https://fafsa.ed.gov/ to determine if you qualify for financial aid assistance in the Read More

23 02, 2016

What is a Business Loan?

Is it a credit card?
Is it an equipment loan?
Is it a commercial vehicle loan?
Is it a line of credit?
How about a real estate loan?
Or perhaps a loan to purchase an existing business?
Answer: All of the above.
 

Business loans, otherwise known as commercial loans, are basically any loans extended to a business entity and utilized for business Read More

26 01, 2016

Credit Score, What’s the Big Deal?

Your credit score is only 3 digits… but it can be a big deal.  Credit Scores are looked at by employers, insurance companies, cell phone companies, land lords, and financial institutions just to mention a few.  Your score is used to determine risk which will effect interest rates, job opportunities, and housing opportunities.

Your credit Read More