Financial Wellness

Helpful articles on topics related to personal financial health and well-being

How to prevent identity theft
July 19, 2021

How to prevent identity theft

According to the Federal Trade Commission, identity theft cases reported in the U.S. more than doubled from 2019 to 2020. Proving the point that ID theft is very much on the rise, and it’s now more important than ever to…

Collections on your credit report
June 29, 2021

Collections on your credit report

When an account becomes seriously past due, the creditor may decide to turn the account over to an internal collection department, sell the debt to a third party, or refer the account to a collection agency. Once an account is…

What happens when you trade in your vehicle?
June 29, 2021

What happens when you trade in your vehicle?

You found the vehicle of your dreams and the dealership offered you what you believe is a fair amount for your trade. So, now what? If you own your trade-in vehicle outright (you’ve completed any loan or lease commitment that…

What is a charge-off?
June 29, 2021

What is a charge-off?

A charge-off is a status on your credit report that indicates a creditor, after trying and failing to get you to make good on a debt, has closed your account. It is considered a derogatory entry in your credit file…

Why paying on time is important
June 29, 2021

Why paying on time is important

Paying your bills on time can be a balancing act, but making timely payments is important for a variety of reasons. When you sign a financing contract, you enjoy the benefits of having money to spend or a vehicle to…

What is credit monitoring and what can it do for you?
June 29, 2021

What is credit monitoring and what can it do for you?

As a whole, Americans seem to have become more aware of their credit activity over the last year. Prior to 2020, consumers added, on average, $45.6 billion in credit card debt per year. But during 2020 and the beginning of…