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Financial and Lifestyle Resources for Vermont


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

By: Steve Timmons

September 21st, 2020

Online Financial Fraud: How to Keep Your Bank Accounts Safe

Identity and Fraud Protection

Two of the most lucrative scams for fraudsters involve online banking and wire fraud. In most cases, the two methods provide quick access to victims’ funds. However, there are several signs you can look for that indicate you might be the target of online financial fraud. For both online banking and wire fraud, we’ll cover what fraudsters typically do when they are trying to gain access to your money and how you can protect yourself.

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By: Joshua Dobrovich

September 15th, 2020

Five Tips for Buying a Car with Bad Credit

Saving and Budgeting | Auto Buying

Do you want to buy a car but worry that your bad credit will make it impossible for you to get financing? Bad credit can certainly create challenges for the car buyer, but it does not necessarily mean you’re out of luck. You may just need to take a few steps to prove to a lender that you are a trustworthy borrower.

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By: Thomas White

September 9th, 2020

How to Protect Yourself Against Romance Scams

Identity and Fraud Protection

WHAT IS A ROMANCE SCAM? A romance scam is a specific type of confidence scam, in which a person is defrauded after another person has gained their trust. In this scenario, the fraudster creates a fake identity to gain the victim’s affection and trust, then exploits this relationship for their financial gain.

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By: Oliver Ames

September 4th, 2020

How Vermonters Will Be Affected by the New CDC Eviction Ban

Homebuying and Mortgages | Credit and Debt

Starting September 4, tenants will be protected from eviction until the end of 2020. This new government order comes from the Centers for Disease Control and Prevention and applies to renters who make less than $99,000 (or $198,000 for joint filers).

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6 Tips for Improving Your Credit Score

Cultivate and Maintain an Excellent Credit Score

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By: Nick Bohlen

September 3rd, 2020

The Four Best Budgeting Apps Worth Paying For

Saving and Budgeting

How much would you pay for a budgeting app that helps you save money in the long run? As we did with the best free budgeting apps, we’ve created an overview of some of the more popular personal finance apps available for a monthly fee: You Need a Budget, Simplifi, Mvelopes, and Acorns. We’ll cover how they’re best used, highlight a few handy features, and outline the pros and cons for each. But before we get into the details of each budget app, we have to address the elephant in the room…

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By: Heidi White

September 1st, 2020

How to Balance Your Checkbook

Saving and Budgeting | Learn Something New

If you’ve ever bounced a check, you know that it’s an expensive mistake to make. Not only does your financial institution charge you a fee, you may also have to pay a fee to the person or company you bounced the check with. A bounced check could cost $30 or more, depending on your situation. And if your checking account is already low on funds, that can feel like a blow to the gut.

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By: Nick Bohlen

August 27th, 2020

The Best Free Budgeting Apps to Help You Save Money

Saving and Budgeting

Budgeting can feel hard. Although the concept and the steps are simple enough, it can still be intimidating to figure out where to start or know if you’re budgeting correctly. But it doesn’t have to be. As with everything in our digital age, there’s an app for that. Actually, there are several personal finance apps to help you manage your money. (And that’s just one type of budgeting tool you can use.) But what’s the best budgeting app for saving money? To help you save time (and money), we’ve created an overview of some of the more widely used money management apps out there, starting with a few of the best free budgeting apps on the market. We’ll cover how they’re best used, highlight a few handy features, and outline major pros and cons to help you choose for yourself. Let’s log in.

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By: Cameron Arnold

August 24th, 2020

How to Pay Your Mortgage during COVID-19

Homebuying and Mortgages

COVID-19 has caused financial and job loss for millions of Americans, including tens of thousands of Vermonters filing unemployment insurance claims and wondering about their financial futures. For many, this includes worrying about how they can continue paying their mortgage—and continue owning their homes. Thanks to new federal legislation, accommodating lenders, and grant funding, there are several ways you can keep from falling behind on your mortgage amid the financial uncertainty of COVID-19.

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