When you’re struggling to make ends meet, you may be tempted to take any financial relief you can get. However, some forms of short-term relief, such as payday loans, can cause even more emotional and financial stress in the end.  What are Payday Loans? Payday loans are loans that are made for a short period […]

Like many, you may be facing financial hardship now because of the pandemic. Or maybe you see a possible job loss in your future. In either case, it’s important to get conversations going with anyone you owe to alert them to your particular situation, whether it’s employment, medical, or both, that will likely impact your […]

You may be planning to get your body in shape for summer this time of year, but don’t let that distract you from focusing on your financial health as well. Being fiscally fit is just as important as staying physically fit, and building up your credit score is a vital aspect of financial fitness.  Having […]

You may have heard about a feature of credit cards called “cash advance.” But what exactly is it and is it right for you? If it is, how do you actually make an advance on your PSECU credit card? Read on to learn more.  What Does Cash Advance Mean? The credit card industry uses the […]

Credit cards are powerful financial tools that make spending and tracking expenses convenient, and often more secure. Shopping online, reserving a hotel room, and renting a car are just a few examples of transactions that are easier when you use a credit card. In addition to convenience and security, credit cards also offer benefits for […]

Your credit score is a key aspect of your financial life, most noticeably impacting your ability to borrow money for large purchases, such as a home or car. The impact of your credit score, however, extends far beyond these lending decisions, sometimes being used as a determining factor in being approved for renting an apartment, […]

If a high-interest loan is eating a hole in your wallet, you can often enjoy lower monthly payments and greater peace of mind by refinancing. However, you might be worried about its impact on your credit score. Refinancing a loan can affect your credit score in several ways, but the effects are often short-lived compared […]

A balance transfer can be an ideal solution if you’re struggling to pay off your loans or credit card debt, or if high interest rates are keeping you from making much of a dent in your overall balance — but what is a balance transfer exactly? Transferring your credit card balance allows you to move […]

While you’re getting ready to share your life with the one you love, the last thing you want to do is talk about your bad credit score. But to make sure you and your significant other don’t face any unpleasant surprises down the road, it’s important to take time to sit down together to have […]

If you’re like many consumers, you likely think of a credit card as just one of several ways to make a purchase. While some may have an aversion to using their credit card for fear that they might overspend and go into debt, when used responsibly, using your credit card can have several advantages, including […]