What to Do Before You Apply for a Home Mortgage

By Tracy Scott Homebuying season is fast approaching, and the idea of visiting model homes and open houses fills you with anticipation. But, before you step into your first design center or purchase your tour of homes ticket, learn how to shop smart for a new home. For some, saying goodbye to renting often begins with applying for a home mortgage – but should it? Despite its updated housing forecast, [...]   Read More >

Credit Score Basics

By Tracy Scott Understand The Credit Score Basics To Improve Your Financial Health. Can you explain the difference between a credit history report and a credit score in one sentence? When you’re new to credit, it's hard to keep credit terminology straight – let alone explain it to someone else. New credit users who understand the basics of credit scores can make smarter credit decisions which can positively affect their [...]   Read More >

How To Request and Read Your Credit Report

February 26, 2019 BY AFFCU in
By Tracy Scott When was the last time you checked your credit? The information in your credit report has a significant influence on your financial health. Good credit matters and incorrect information can prevent you from obtaining auto or home loan approvals, gaining access to certain services at the best rates with minimal fees, and can even influence whether you’re hired for certain jobs. In 2017, the Consumer Financial Protection [...]   Read More >

Paying Off Your Holiday Debt.

February 11, 2019 BY AFFCU in
By: April Lewis-Parks (In partnership with KOFE/Consolidate Credit) Have you Paid Off Your Holiday Debt Yet? Retail sales hit a 6-year high in 2018, meaning consumers have a lot of debt to pay off now in 2019. Take the right steps to pay off holiday debt quickly. You don’t want to let holiday debt linger for a few reasons: Interest charges can double the cost of purchases. If you earned [...]   Read More >

How to Repair Your Credit

January 23, 2019 BY AFFCU in
By Tracy Scott Bad credit doesn’t always result in a credit denial. But, higher interest rates on home mortgages, auto loans, and credit cards can slow down your ability to save money towards retirement or other financial goals. An adverse credit history may even require you to pay security deposits for utilities or cellphone service and influence the cost of life insurance. To put it bluntly, bad credit can mess [...]   Read More >

What Bad Credit Really Means

December 20, 2018 BY AFFCU in
By Tracy Scott Financial goals of early retirement, extended cruise vacations, or simply paying for your child’s college education can be just out of reach when you have bad credit. Funds that would otherwise be used to pay for what matters most are eaten up by high-interest rates that feel like punishment for prior credit slip-ups. Worst case, credit denials prevent you from purchasing a home, driving a new car [...]   Read More >

10 Painless Holiday Spending Tips That Work

September 12, 2018 BY AFFCU in
By Tracy Scott Fall Into Reality With These End of Year Budgeting Tips And Strategies  The long, hot days of summer are coming to an end and fall is just around the corner. Along with it are the realities of the financial costs of summer vacations, amusement parks, kid’s activities and hosting BBQs for family and friends that created priceless memories. Lazy summer days meant relaxing your wallet and having [...]   Read More >

Improve Your Financial Well Being with Our New Partnership!

July 11, 2018 BY AFFCU in
Today, we're excited and proud to announce that Atlantic Financial FCU has partnered with KOFE to help you stay financially fit! KOFE provides you and your family with resources and tools to improve your financial wellness. There are great resources and information for all no matter what your current financial situation or knowledge level may be. This is all accessible through our Financial Wellness portal, where you'll find educational information on a [...]   Read More >

How to Fund An Emergency

April 27, 2018 BY AFFCU in
How to Handle a Financial Crisis Without an Emergency Fund You’ve been hit with a financial emergency and don't know how to pay for it. This is an unfortunate problem faced by many of us. If you have an emergency fund, that’s your answer. If not, you may be wondering what what to do next. Luckily there are several options to consider for funding a financial emergency. Funding a Financial [...]   Read More >

Building a Savings Account on a Budget

March 16, 2018 BY AFFCU in
Building a Savings Account on a Budget One of the most important steps to financial freedom is establishing and building a savings account. How to Grow Savings on a Budget It’s always advantageous to have a savings account to pull money from instead of turning to a credit card when there is an emergency. But, how do you grow a savings account when you are already on a limited budget? [...]   Read More >

Page 1 of 212