4 min read
How Much of a Car Loan Should I Take On?
You’re thinking about buying a car, but you don’t know how much you can really afford. Answering how much you can afford, like many other things in the...
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Borrow Responsibly
WECU wants you to manage debt in a healthy way, and we’re here to help.
2 min read
What Card Should I Get for my First Credit Card?
You’ve never had a credit card but you’re thinking about getting one. What should you look for? Figure Out What You will be Approved For Do you have a...
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3 min read
Reasons to Tap Into Your Home’s Equity
Tapping into the equity of your home can be a great way to borrow money at lower costs and interest rates than other financing options such as personal loans or...
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3 min read
How to Pay for Home Improvements
Home renovations are expensive. Want a new kitchen? That could set you back $25,000. New bathroom? That’ll be $10,000 on average. While it’d be nice to pay...
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2 min read
What is a Credit Card Balance Transfer and How Does it Work?
A credit card balance transfer is when a credit card balance (debt) is transferred from one credit card to another credit card. When Should I Use a Balance...
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One Way to Rebuild Bad Credit
Transcript: Your credit score can put up roadblocks in your life. With bad credit, it’s hard to get a loan, get an apartment, receive affordable insurance...
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2 min read
Maximize Your Credit Score
No one can tell you exactly what makes up your credit score. Well, except for the credit bureaus, and they’re not telling- it’s their “secret sauce.” We...
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2 min read
Paying Down Debt: Avalanche vs. Snowball
It’s hard to know where to start when paying down debt. The Avalanche and Snowball methods are two great roadmaps to becoming debt-free. To illustrate how...
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1 min read
Secured Credit Cards, the Smart Way to Improve Credit
Repair your credit and not pay any interest or fees? Yes please! Credit cards can be a great way to improve your credit – if you use them well. By keeping...
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1 min read
What’s “Credit”?
We’ve all gone to school, so let’s use a report card and GPA analogy to describe the world of credit reports and credit scores. Let’s take you back to...
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3 min read
Should I Pay off My Credit Card with a Personal Loan?
Personal loans typically offer lower interest rates than credit cards. Swapping a higher interest rate credit card debt for a lower interest rate personal loan...
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2 min read
When Should I Refinance My Mortgage?
Refinancing your mortgage can lower your interest rate, tap into the equity of your home, or eliminate private mortgage insurance, however it’s important to...
Read OnLooking for one-on-one guidance?
WECU members have access to free, high-quality financial counseling and education through Money Management International (MMI). Programs include Budget and Debt Counseling, Credit Report Review, Student Loan Coaching, Pre-Purchase Housing Counseling, and Foreclosure Prevention.
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