Go to Top

Blog Archives

Financial Goal Setting for Military Families

It’s hard to make a plan for your finances when you don’t know where you’re going. That is why it’s important to set financial goals. It’s even more important when you’re in the military because with military life comes lots of transition. When you’re in the constant state of transition, it makes it difficult to plan for anything let alone your money. Taking the time to set your financial goals …Read More

Ask An Expert: I’m struggling to make payments on my student loan. I have all federal and Perkins loans. Should I consolidate them to get lower interest?

A: Dear reader, consolidating your federal student loans could be an option to help you manage your payments and potentially avoid default. However, combining your loans may help you for other reasons that do not necessarily include lowering your interest rates. If you are thinking about consolidation, you can start by looking into Direct Consolidation Loans. This type of loan offers a consolidation option at no cost to you through …Read More

Ask An Expert: When is it a good idea to seek a personal loan or balance transfer to take pay off a substantial balance on a credit card?

A: Dear reader, it’s very common for people to seek personal loans or balance transfers to pay off their credit cards when they feel overwhelmed with their debt or when it becomes difficult to make the monthly payments. Whenever you feel like that, it’s a good idea to look for debt repayment strategies immediately. If you are finding yourself in a similar situation, I recommend that before you move your …Read More

First-Time Home Buyer Tips

So you and you’ve finally decided to take that next step. You’ve got a steady job, saved up some money and are ready to start a family. You’re ready to buy a home. You’ve picked out the city you want to live in and are ready to finally make that purchase. But before you do, take these first-time home buyer tips into consideration before you sign the dotted line. Is …Read More

Ask An Expert: Should I Withdraw Money From My 401(k) to Pay Off Debt?

Dear reader, Paying off your debts with your 401(k) is not as practical and beneficial as it sounds, especially when you may have other avenues available to manage and eliminate your debt. If you are younger than 59 ½ when you withdraw money from your 401(k), you will be hit with a 10 % upfront early withdrawal fee and you will have to pay income tax on the amount you …Read More

Identity Theft Prevention: Equifax Data Breach—How We Respond

The recent data breach at Equifax (one of the nation’s three credit reporting agencies) was also the largest, exposing 143 million American consumers’ sensitive personal information. The need to increase our due diligence and ramp up individual efforts to reduce the risk of identity theft, or at least minimize the damage if it has already occurred, has never been more urgent. According to Equifax, the data breach lasted from mid-May …Read More

Ask An Expert: How can I build credit if I have no credit history?

A: Dear reader, establishing your credit history for the first time can seem like a daunting task. Your lack of credit history tells creditors that you have no experience with credit and they may not want to risk lending you money. So how do you break the cycle? Well, your best option is to apply for a secured card. A secured card is a credit card that offers zero liabilities …Read More

NFCC Launches Program Supporting Small Business Owner Financial Wellness

Today, we’re excited to announce something that we couldn’t wait to share. TD Bank, and the TD Charitable Foundation, have made a $3 million exclusive commitment to support NFCC financial education and counseling services for U.S. small business owners. As one of the top ten largest banks in the United States, TD Bank works with more than 9 million people to provide banking services from Maine to Florida. TD Bank …Read More

Seeking Student Loan Forgiveness Opportunites?

For most borrowers, the only way out of student loan debt is repayment. But, this isn’t always the case. Depending on your profession, where you live, who you work for, your repayment program choice or the school you attended when you incurred this debt, you just may qualify to have some or all your student loans forgiven. Fraud leads to forgiveness. In November 2015, the U.S. Department of Education expanded …Read More

Financial Post Disaster Checklist

Although we’ve all heard that we should be prepared in case of a disaster whether it be a house fire or a hurricane, we often put it off thinking the chances aren’t very high that anything will happen. But when a natural disaster strikes, there are so many pieces to take into consideration. Here’s a post disaster checklist to help! Contact your flood and home insurance companies and file insurance …Read More