On March 20, 2020, the Department of Education announced terms for student loan relief for tens of millions of borrowers in response to COVID-19.1 Here are answers to some questions about the new rules. Does the relief apply to all student loan borrowers? This relief only applies to borrowers with outstanding federal student loans. Private
As many as 78% of Americans see homeownership as a defining characteristic of the American Dream, according to a recent report by Mynd, a tech-enabled real estate company.1 There are many benefits to homeownership, but the ability to use home equity to reach other financial goals is one that many homeowners may not have considered.
Why does your credit score matter? How can you improve it? Where do you even begin? All of these questions are important to ask if you’re considering buying a home. To qualify, a minimum credit score may be required depending on the overall loan profile. The higher your credit score, the more likely you are
Credit unions have a unique core purpose: to serve all of our members in the best way possible. Membership and community is at our core, and one of the ways this cooperative approach is most apparent is through the nationwide network of CO-OP shared branches and ATMs. This network ensures you can do your banking
There are so many ways to buy and sell as an individual online. Through platforms like Facebook Marketplace, Craig’s List, and Poshmark, you can sell your unwanted possessions or purchase products from other individuals. While the premise seems simple, there are rules to follow and red flags to be aware of that can help keep
Make managing your money as easy as possible with Elevations online banking. We’ve created quick video tutorials to show you how to do some of the most common tasks in online banking, including how to set up account alerts, external transfers, bill pay and more. Whether you’re new to online banking or just looking to
Elevations online banking is loaded with convenient tools to help make managing your money as easy as possible. We’ve created quick video tutorials to show you how to do some of the most common tasks in online banking, including finding your account number, ordering checks, stopping a payment and more. Whether you’re new to online
The decision to rent or buy a home is an important one. When weighing your options, look at price, your lifestyle and the bigger picture. Here, we lay out the pros and cons behind each scenario. Buying a Home – Pros Tax benefits There are many pros to buying a home, but perhaps none
In the market for a new or used vehicle and have a trade in? Having some basic knowledge around trading in your current vehicle can help offset the costs of this new purchase. But it’s important to know just how much your current car is worth before you trade it in at a dealership. You’ll
Home equity lending helps you borrow against the equity in your home. Because the home is used as collateral, the interest rate may be lower than interest rates for other loans. Taking on home equity lending is also called “getting a second mortgage.” What are the two types of home equity loans? You can get
