As the holidays approach, gift cards remain a popular gift option, but they’re also a target for scammers. These fraudsters use tactics like phishing and tampering with physical gift cards to steal funds before they can be used. To protect yourself and your loved ones this season, it’s important to stay aware of these risks.
Having a well-stocked emergency fund is important. But so is saving for retirement. So how do you know which one to focus on? Well, we’ve got you covered. Here’s what you should know.
Halloween is a time for spooky fun, but it can also bring a scare to your wallet if you're not careful. From costumes to decorations and treats, the costs can add up quickly. Here’s how to manage your Halloween budget and keep your spending under control while still enjoying the festivities.
Now is the moment to turn your attention to your tax obligations. With less than 60 days remaining until the tax deadline now is a good time to prepare your documents and file.
Need a smart strategy to save on essential school supplies? Planning your dream vacation or gearing up for the holiday season? With a club account, you can save for essential school supplies, exciting vacations, and joyful holiday celebrations, making your financial goals more attainable and stress-free.
Using debt consolidation as a tool to lower your monthly payments and interest
If you’re like most Americans, you may be juggling several different payment responsibilities each month: credit cards, car loans, store credit cards, gas credit cards and even student loans. It can be overwhelming!
Did you know that a debt consolidation loan from Merrimack Valley Credit Union could simplify your monthly bill-paying AND save you money? With a consolidation loan, some of your debts can be rolled into one monthly payment, with a low rate. If you’re currently paying higher interest rates, you could end up with a lower payment each month and pay less interest over the lifetime of the loan.
As a bonus, you’ll have less checks to write each month and less payments to schedule—because one loan could eliminate multiple debts that you’re currently paying for.
In this example, the family could lower their monthly bills by $88.82 in the short term, and save $1,795.92 in interest over the life of the debts!