Many households are beginning to show symptoms of acute cabin fever. With summer approaching and global air travel still restricted, would-be travelers are considering alternative vacation plans, including RV rentals, road trips, and hotel staycations. But is it any safer to hit the road than it is to hit the skies? Are hotels OK? Do airline safety measuresRead More
Posted by KH Network Credit Union on Jul 01, 2020
If you’ve gotten your stimulus check from the Internal Revenue Service, great. Now, guard that money, because scammers are eager to pick your pocket.
If you’re still waiting for your payment — or running into unverified offers or communications — healthy skepticism is your best friend. As of May 7, the Federal Trade Commission had received more than 38,000 complaints related to COVID-19 this year, with consumers losing more than $27 million to fraud.
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Posted by KH Network Credit Union on Jun 03, 2020
Unsecured personal loans can pay for almost anything. Their flexibility makes them easy to turn to when you want to consolidate your debts or put in that kitchen island.
But first assessing all your financing options can save you money. As the economy shifts, so will the way a personal loan fits into your plans.
Right now, for example, the cheapest way to get extra cash might not be with a personal loan, but with 401(k) funds. The government is allowing penalty-free withdrawals from ... Read More
Posted by KH Network Credit Union on May 14, 2020
Federal student loan borrowers have an opportunity to suspend payments — without incurring interest on them — for 60 days, the Department of Education announced Friday. This policy applies only to federal loans, not to private student loans.
If you want this option, called a forbearance, it will not be automatic — you must request it from your servicer.
Make no mistake: This is a pause on payments, not forgiveness. Your debt will be waiting for you when repayment begins at the end of the two-month forbearance... Read More
Posted by KH Network Credit Union on Mar 25, 2020
Concerns about the spread of coronavirus disease 2019 (abbreviated COVID-19) mean more of us are doing what we probably should have been doing all along: washing our hands more frequently and thoroughly; staying at home when we’re sick; stocking up on food and supplies in case that stay becomes extended.
People who may have been exposed to the new coronavirus or who get sick with COVID-19 may be advised to stay home for as ... Read More
Posted by KH Network Credit Union on Mar 09, 2020
It takes more than words to teach a kid how to ride a bike. Not even the clearest explanation of balance or a dazzling visual aid about proper seat height will help when those handlebars start to wobble. The only way a child can get it is to step on the pedals and practice. Learning how to save money isn't much different. Instead of merely telling your son or daughter that saving is important, give him or her a hands-on experience. Just as you'd start your child on a bike with training wheels, consider opening a jointly owned savings account to teach good money habits.