Blog

16 10, 2018

How to Choose the Correct Credit Card for You

Choosing the best credit card for your lifestyle can have a considerable impact on your overall financial health.

In an Ohio Credit Union League 2018 consumer survey, 73 percent of respondents stated that they use at least one or two credit cards every month. Of those who regularly utilized credit cards, 39 percent carried up Read More

9 10, 2018

How Much Money Do I Really Need to Buy a House? (Hint, It’s Not 20% Down…)

  • Permalink Gallery

    How Much Money Do I Really Need to Buy a House? (Hint, It’s Not 20% Down…)

“I don’t have that much cash,” lamented a credit union member. “There is no way I can put down 20% to buy a house.” So goes a stubborn misconception about down payments. A recent Forbes article noted, “There’s a big down payment myth that a lot of renters believe because they’ve heard it from their parents Read More

2 10, 2018

Anniversary of the Great Recession

Do you remember where you were ten years ago? Do you recall how much money you lost in a single week? Do you recall the origin of the phrases “banksters”, “it’s different this time”, and “too big to fail”? Do you still do business with the big banks who were instrumental in causing the Read More

25 09, 2018

Get More for Your Money with Health Insurance Perks

Health insurance is one of the costliest expenses for individuals and employers and most people don’t utilize the benefits offered. Did you know insurance providers have discounts, incentives, and programs to help you reach your health goals? Below are suggest ways to utilize your health insurance so you can start saving money, time, receive Read More

18 09, 2018

Protecting Your Personal Information

Every year millions of Americans have their personal information fall into the wrong hands. The impacts can be devastating and the recovery process can be lengthy.

There are some preventative measures we all should be taking; including identifying the unnecessary items in our wallets. When was the last time you reviewed the items in your Read More

11 09, 2018

How to Improve Financial Wellness

September is self-improvement month, and many Ohioans feel they could stand to improve their financial wellness.

In an Ohio Credit Union League 2018 consumer survey, respondents were asked to rate their financial wellness on a scale from one (lowest) to five (highest). The average response was 3.48. And a majority of respondents, 88.08 percent, admitted Read More

4 09, 2018

What is a Secured Credit Card? And Should You Get One?

What is a Secured Credit Card?

A Secured Credit Card requires a cash collateral deposit that becomes the credit line for that account. For example, if you put $500 in the account, you can charge up to $500. Secured Credit Cards are great for people with bad credit or limited credit because they are almost Read More

21 08, 2018

Why to Stay Cautious When it Comes to Short-term Loans

With back-to-school time finally here, this can mean additional monthly expenses for a family household. For some, these unexpected and emergency expenses can lead to taking out high-interest loans from finance companies without realizing what they’re getting involved with.

According to the Ohio Credit Union League’s 2018 consumer survey, 30 percent of respondents said they Read More

14 08, 2018

Back to School Time

It’s hard to believe that another summer has come and gone, and a new school year is quickly approaching. Of course, this time of year always brings out a mix of emotions. Parents and students are overcome with excitement, maybe a little sad as the summer ends. Kids are even anxious and possibly scared Read More

7 08, 2018

0% Credit Card Balance Transfer Options

You’re seeing a lot of 0% balance transfer ads and marketing letters lately. I’m sure it’s very tempting to finance a vacation, new appliance or television knowing you can transfer the balance for 0%. Doing so is what is commonly referred to as “using OPM” …. other people’s money! Sounds great, right?

Where’s the catch?

There Read More