Purchasing a new or pre-owned vehicle is an exciting time, but it’s also a big financial move. So whether you’re buying your first car or you’re a self-proclaimed car-buying guru, we have a few tips everyone can appreciate.
Get Pre-Approved
When buying a new or pre-owned vehicle, you’re FIRST STEP, and most important, should be to get a pre-approval from the Credit Union.
Are you using direct deposit yet? If not, there’s virtually no reason not to make the switch. The term refers simply to your employer or other income source depositing your paycheck into your account. This is a very secure process and one that is being used by millions of people today. In fact, many people see direct deposit as one of their top money management tools. Your employer can usually help you to set it up within a few minutes and, once in place, you never have to think about depositing another paper check again.
It’s no secret that great credit can make getting approved easier and save us a bunch in interest. But what if we don’t have great credit? Improving our scores often seems impossible given our unique financial situations. But there are simple steps you can take now to boost your score.
It’s definitely no secret now is a great time to buy real estate. Between record low-rates, home-builders building again and current home values on the rise, everywhere you look someone is writing about the market.
But the real question isn’t if it’s a great time to buy. The question is whether YOU are ready to buy?
Buying a home is one of the biggest financial decisions and investments you will ever make. Are you ready? To help answer that question, we’ve put together several tips to help you on your journey.
When it comes to saving money, most people start with a basic savings account. Then, they move straight into market-based investments, such as stocks and bonds. However, before you jump into higher-risk market-based investments, there are many investment options at the credit union you should pursue first; many that offer great returns with little to no risk.