First Alliance Credit Union of Rochester MN has been named one of the 2018 Best Credit Unions to Work For by the Credit Union Journal.
After Bernie Madoff was caught stealing billions of dollars from investors he had lured into his Ponzi scheme, people realized that not everything that shines is gold. You may not run into a white-collar criminal like Madoff, but if you've done research online for investments over the years, you'll end up running across scams sooner or later. Be on the lookout for signs such as these:
Credit unions and banks may, at first glance, seem to be quite similar. Deposits in both banks and credit unions are insured by the federal government; however, under different programs. Bank deposits are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC). Credit union deposits are insured up to $250,000 by the National Credit Union Administration (NCUA).
You hear about apps and websites offering free credit scores all the time these days, which is great! These educational credit scores allow regular people to keep a closer eye on a very important part of their finances. However, people often run into the issue where the credit score they are seeing in their app is not the same as the credit score that is pulled by a lender when it’s time to apply for a loan. The reason for this is because there are two types of credit report inquiries, soft and hard.
With all the stories in today's news about security breaches and identity theft, you might wonder how in the world you can protect all your personal information and financial data. There is no 100% foolproof way to eliminate data theft, but you can minimize the chances of it happening with certain fraud monitoring and prevention services, as well as virtual credit cards. If you shop online frequently and your budgeting plan includes credit card security, Money Under 30 recommends considering virtual credit cards.