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Financial and Lifestyle Resources for Vermont

VSECU Blog

In the VSECU Blog you'll find financial and lifestyle resources to help empower possibilities for your personal success.

By: Yvonne Garand

June 13th, 2018

How Emotion Can Thwart Your Investment Plans

Credit and Debt | Saving and Budgeting | Investing in the Future

Life experiences fall into three categories: cognitive (thoughts), emotional (feelings) and physical (physiology and actions). Though interconnected, one of these three has a disproportionately larger impact on your decision-making when it comes to finances—emotions. Emotions are volatile and can be stimulated by many triggers, whether it be a new raise, a death in the family, or fluctuating market conditions.

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By: Caroline Cross

April 25th, 2018

Credit Score Breakdown: 5 Factors of a Healthy Score

Credit and Debt

Your credit score is a number, based on your credit report, that helps financial institutions determine if you will repay a loan. Credit scores can range from 300-850. Typically, the higher the credit score, the more likely the borrower will pay off their loan.

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By: Tessa Collette

February 27th, 2018

How to Save Money and Pay off Debt

Credit and Debt | Saving and Budgeting

Reducing debt and saving money go hand in hand because you can’t save money if you use every paycheck to pay off debt and monthly bills. How do you get a grip on your debt so that more of your earnings can land in your savings account?

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By: Christine Davidson

February 20th, 2018

How to fix your credit report and raise your credit score

Credit and Debt | Saving and Budgeting

Your credit score is a good tool for measuring your financial wellbeing. Your score shows how good you are at paying bills on time, how much revolving debt you’ve taken on, and any debt you have neglected to pay off. Your credit report delivers your credit score. This is kind of like a report card, showing your overall credit score and the reasons for the low or high score.

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6 Tips for Improving Your Credit Score

Cultivate and Maintain an Excellent Credit Score

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By: Yvonne Garand

October 25th, 2017

Why a Good Credit Score May Not Help You Get a Loan

Credit and Debt

How lenders view an unsecured debt ratio  Think your good credit score is enough to help you get a loan? It may not be as adequate as you think if your unsecured debt ratio is high. Though most people have some level of unsecured debt, a high ratio of this type of debt is a red flag to lenders that you are not in a position to borrow more. Not sure what this means? Keep reading…

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By: Jason Felch

September 26th, 2017

It’s Time to Start Your Christmas Savings Plan

Credit and Debt | Saving and Budgeting

Mr. Buble and many other artists sing “I’m dreaming of a debt free/less stressful Christmas!” Okay, I know it’s supposed to be “White Christmas.” And for us Vermonters, a white Christmas is bound to happen! But for most, the holidays bring more than wrapping paper, bows, and gift cards; it brings worry of being able to afford it all, which makes this a perfect time to start thinking about a Christmas savings plan.

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By: Caroline Cross

August 29th, 2017

How to Reduce Debt Faster with Principal Payments

Credit and Debt

When you take out a loan or put charges on your credit card, you’re not just responsible for paying back the amount you have borrowed; you also have to pay interest. However, you can reduce the amount of interest you owe by making extra principal payments. How do you do that?

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By: Sophronia (Sophie) Goodrich

June 28th, 2017

How to Get out of Debt and Start Saving

Credit and Debt | Saving and Budgeting

It seems easy and stress free to swipe the new credit card, or try to get approved for a loan to cover the big expenses. However, as easy as it seems, it’s more stressful! Racking up debt results in heftier monthly payments, and from personal experience I know that these can creep up faster than expected, sometimes leaving you with the occasional… “Where did all my money go?” 

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Cultivate and Maintain an Excellent Credit Score

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Cultivate and Maintain an Excellent Credit Score

Sign up for our blog and get Six Tips for Improving Your Credit Score free!