If you’re saving to buy a new home around Detroit or Romulus, building a balanced budget will help you get — and keep — a house you can afford so that you can enjoy your investment for the long-term. Here are a few tips to help you do that the right way. Apply for Mortgage… Continue reading How to Budget for a Mortgage
W-2s: Federal law states that all employers must send employees their W-2 statement no later than January 31st. Dates: The IRS will officially began accepting tax returns for 2018 on Monday, January 28, 2019. The deadline to file is Monday, April 15, 2018. Extension: You can request a 6-month extension that gives you extra time… Continue reading Taxes 2018: What you need to know
Without a credit score, it can be difficult to apply for loans, rent an apartment, or buy a house, but how do you get a credit score, and what’s the best way to build credit? There’s no easy answer, but we have some guidelines for how to build credit and an answer to that nagging… Continue reading The Best Way to Build Credit
Freeze Your Credit for Free Did you know that you can now “freeze” your credit from being pulled at the three major credit reporting agencies: Equifax, Experian and TransUnion? As a result of the Economic Growth, Regulatory Relief and Consumer Protection Act, you can freeze your credit file from being pulled to protect yourself against… Continue reading Save Your Identity–Freeze Your Credit
Whether your old car has finally bit the dust and it’s time for a replacement or you’re simply looking to upgrade your Detroit drive, you’ve probably got a car loan on the mind. Did you know you can visit a credit union for a car loan? Not only does that mean a familiar face on… Continue reading Dealership Car Loans vs. Credit Union Car Loans
Looking for a new car can be fun and exciting while deciding how to purchase it, can be daunting. A common question is whether you should lease or buy a new car. There are pros and cons to each, but ultimately one will save Detroit drivers money in the long run while the other is… Continue reading Leasing vs. Buying: Which is Right for You?
What is a Home Equity Loan? A home equity loan uses the equity of your home for collateral. Equity is the difference between the mortgage on your home and your home’s current value. Detroit residents can use this money for home improvement projects, debt consolidation, your child’s college expenses, a new car, and anything else… Continue reading Home Equity Loans Can Effectively Finance Your Future
Whether you’re moving to the Detroit area and could use some help or you’re trying to consolidate your debt, life is full of tricky expenses too big to handle but too small for traditional loans. It’s times like these where a personal loan can be just the ticket. These loans, which you can get quickly… Continue reading How Can I Get a Small Personal Loan?
When you’re figuring out where to open a bank account in the Detroit area, it can be easy to get lost in all the jargon. APR, CD, APY — with so many acronyms and so few explanations, how are you supposed to find the best options for you? At Public Service Credit Union, we believe… Continue reading What is APY?
Whether you’re a Detroit-area student just getting started on your financial future or you’re just switching banks, it can seem daunting to open up a new bank account. But in truth, it’s actually a pretty simple and painless process once you know how to prepare, which is where Public Service Credit Union comes in. As… Continue reading What Do You Need to Open a Bank Account?