Remember the HELOC boom of the 2000’s? It was going gangbusters right up until the global financial system nearly collapsed, led by a huge housing bust. Well, we may be back to the boom days soon, according to credit bureau TransUnion.
HELOC’s, (or home equity line of credit…
A recent nationwide survey found that on average, adults direct 7.6% of their salary to their retirement savings, PenFed Credit Union reports.
The percentage increases among households with incomes over $100,000, college graduates, men, adults with a financial advisor and adults who have automatic savings.
Market research firm…
The majority of adults have less than $5,000 in savings, according to survey results from PenFed Credit Union.
However, when asked about their outlook on the future, say they plan to save more this year over last year.
PenFed, the nation’s second-largest federal credit union, has presented…
For-profit banks are fighting in Congress to take away not-for-profit credit unions’ tax exemption, once again.
This is a fight that has been going on for years. The banking lobby have been seeking to take tax-advantaged status away from credit unions for years.
A new fight…
The Pennsylvania Department of Banking and Securities is offering consumer tips for 2018, in the form of 10 resolutions you can keep:
Take time to change or reset all your passwords. Changing your passwords will help prevent hackers from accessing your accounts to steal your financial and personal information.
Investigate…