When comparing long-term loans, the interest rate and the annual percentage rate (APR) are often confused. While the interest rate refers to the annual interest expense of the loan, the APR reflects the annual cost of borrowing money from the lender. Clear as mud? Don’t worry; we can help.Read More
Budget billing can simplify your utility payments by making each month the same fixed amount, but it’s important to understand all the facts before signing up.
We have answered all your questions on budget billing.
Many homeowners are thinking of making minor and major household improvements and for most, the cost will be prohibitive. The average kitchen remodel tops $60,000 and a bathroom overhaul can run $18,000. No worries, though! With some careful planning and smart choices, you can shave thousands off the cost of renovations.Read More
If you’re always wondering how you’re going to pay the next bill, feel guilty when you indulge in overpriced treats and you can’t seem to find money to put into savings, then you probably need a budget.Read More
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, weddings, or purchasing that boat you’ve been eyeing.
Before you start swiping the plastic for everything under the sun, Cooperative Teachers Credit Union recommends considering a personal loan to stay within your budget.Read More
It isn’t easy to be holed up at home with just your family for company. After two days, you may be thinking there isn’t enough coffee or chocolate in this world for a parent who’s stuck home with their kids for weeks at a time. As the parent, though, you have the unique opportunity to…Read More
1. Reduce stress Stress hormones strain the immune system so it can’t do its best at protecting us from those nasty bacteria, says Dr. Tammy Born of the Born Clinic, Grand Rapids, Mich. Reduce the amount of stress in your life by practicing mindfulness, keeping in touch with friends and family through virtual means while social gatherings…Read More
A 15-year loan generally carries a lower interest rate than a 30-year loan. If national interest rates are falling when you refinance, and/or your credit has improved since you bought your home, your interest rate can be even lower.Read More