7 Ways to Use a Personal Loan This Summer

3 07, 2019

7 Ways to Use a Personal Loan This Summer

Summer is a time for fun and excitement, but it can also be super expensive. Summertime can be a season of major life changes like household moves and weddings; purchasing that boat you’ve been eyeing and let’s not forget those dream vacations!

Before you start swiping the plastic for everything under the sun, Day Air Read More

23 04, 2019

When Should I Put My House on the Market?

If you’re thinking of selling your home, think spring. That’s because the season of blossoming flowers and gentle breezes has traditionally held the designation as the best time of the year to sell a home.

Before you start prepping your home for a photo shoot that shows it off in the best light, take a Read More

16 04, 2019

Mortgage Rates Are Dropping; Should I Refinance?

Q: I’ve heard that mortgage rates have dropped dramatically since the start of 2019. Should I refinance my mortgage loan to take advantage of these lower rates? 

A: Refinancing a mortgage is essentially paying off the remaining balance on an existing home loan and then taking out a new mortgage loan, often at a lower interest rate. Read More

19 03, 2019

5 Things You Need to Know About Credit Life Insurance

You probably already have auto insurance and homeowner’s insurance policies. And you’re also likely covered by health insurance and life insurance. You may even have pet insurance for your furry friends. So, it begs the question: Do you need credit life insurance, too?

Let’s clear up some of the confusion and misinformation that exists about Read More

5 03, 2019

All You Need to Know About P2P Payment Systems

Cash is so overrated. Why fumble through wads of crumpled bills and piles of change when you can easily pay back the $6.75 you borrowed from your friends simply by using your phone?

Peer-to-peer (P2P) payment systems are changing the way we handle our money and our social finances forever. Eating out and splitting the Read More

4 12, 2018

Pay Less for Insurance

We’ve found that most people pay more than they should for insurance. As your credit union, we want you to pay as little as possible for your insurance needs, without sacrificing valuable coverage.

Ask your insurer for a list of discounts. You may qualify for a price break that you’re not currently receiving. These often Read More

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…)

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    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

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