Tag: Consumer Loans

Monitor credit score

How Closely Do I Need to Monitor My Credit Score?

First, let’s clear up a common misconception about credit scores. It’s often thought that you have just one singular score, or one for each of the three credit bureaus. The truth is that you actually have many credit scores. This is due to a number of factors: 3 Major Credit Bureaus There are three major… Read more »

Homeowners Tax Tips

Tax Tips: Homeowners Insurance

The purpose of home insurance is obvious. The tax rules surrounding home insurance, though, aren’t always so clear. For example, if your insurance won’t cover you for a given loss, are you simply left holding the bag, or can you expect some tax relief? And what about premiums — can you deduct them or not?… Read more »

Auto Accident Checklist

Auto Accident Checklist

An automobile accident can be a confusing and stressful event, but being prepared can help you remain calm. It’s important to know what to do immediately after an accident and what to do in the days following. Immediately After An Accident: Don’t panic. Pull off the road if the accident is minor. If the accident… Read more »

Auto Insurance

The ABCs of Auto Insurance

Whether you already have auto insurance or are considering buying some, you may be wondering how much is enough and which types of coverage you need. Here are a few tips to get you started: A is For Auto Policy When you purchase auto insurance, you enter into a written contract with your insurance company…. Read more »

Home Equity

HELOC vs Home Equity Loan: What’s the Difference?

One of the benefits of home ownership is equity. A Home Equity Line of Credit (HELOC) or a Home Equity Loan (also know as a second mortgage) allows a homeowner to borrow money using the home’s equity as collateral. These loans can be a solution for tackling home repairs and renovations, which protect your investment… Read more »

What to expect from a home inspection

Home Buying: What to Expect from the Inspection

A home inspection is an important part of the buying process where an objective third-party performs a visible assessment of the property’s condition so you can make an informed decision about your purchase. After all, it’s one thing to plan for a fixer-upper and another to be surprised and saddled with expensive repairs. Here’s what… Read more »

Should I Consider a Balance Transfer?

Strategies for Tackling Credit Card Debt

Credit card debt can feel overwhelming, but there are tools and resources available to get you back on the road to financial wellness. Consider these strategies for tackling credit card debt: Balance Transfer A balance transfer can be an effective way to tackle your credit card debt. In short, you transfer your revolving debt to… Read more »

Consumer Lending FAQ

Consumer Lending FAQs

How Do I Get Started With Online Banking? Enrolling Online Banking Online Banking Basics How Can I Pay My Loan? 7 Ways to Pay Your SESLOC Loan Loan Payments & Transfers Recurring Loan Payments & Transfers Ordering Checks What Do I Need to Know About My Credit Score? What Goes Into My Credit Score? How… Read more »

How to Apply for a HELOC

How to Apply for a HELOC

A HELOC, or Home Equity Line of Credit, leverages your home’s equity to give you more flexibility compared to other loans — you can borrow up to your maximum credit limit, when you need it, as you need it. Whether you’re planning a kitchen remodel, upgrading to energy efficient appliances, consolidating debt, or simply want… Read more »

First Time Car Buyer Tips

Buying Your First Car? This is What You Need to Know:

Shopping for your first car is exciting, but it can also feel intimidating. It’s a major commitment, but one that will give you the freedom to go where you want, when you want. Before you head to the car lot, set yourself up for success by following these steps: 1. Start with a Budget Take… Read more »