News
Credit Unions Turn 100
More than 100 years ago, in a response to avoid being charged excessive costs on loans from lenders, the first laws were passed in Massachusetts recognizing the creation of member-owned credit unions. The idea caught on and helped the growth of the credit union movement across the country.
Making Credit Cards Work for You
Recently, some credit card issuers have taken measures to turn credit cards into a burden by arbitrarily increasing rates and penalties or lowering limits. Here are four basic issues to examine closely when looking for, or using, a credit card.
New Rules & Guidelines for Fixed-Rate Mortgages Impact Pricing and Processing
There are new rules and guidelines that lenders must abide by concerning fixed-rate mortgages, which are reminiscent of guidelines in place before the real estate boom of the past decade. Be informed, as it helps establish realistic expectations concerning rates, fees and the actual loan process.