Main Menu

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: Nate Messier

April 4th, 2017

Get the Best Value for Your Trade-in

Auto Buying

It might seem easy to make money on your trade-in—just get your car in tip-top shape and you’ll get the most money for it, right? Well, that’s not always true and can sometimes lead to spending more money than you’re getting back, so I’m going to walk you through the basic steps of how to get the most for your old car.

Read More

By: Tessa Collette

March 31st, 2017

Do You Owe More on Your Car than it's Worth?

Credit and Debt | Auto Buying

Negative equity. Upside down. Under water. All have a similar meaning—you owe more on your car than it’s worth. This is the last situation you want to be in after buying a vehicle. There are some common reasons you may end up upside down on your loan. Doing your research ahead of time can help you avoid buying a car that’s not worth the payments!

Read More

By: Katie Maguire Bagnall

March 28th, 2017

Should You Refinance Your Car?

Auto Buying

Shopping for and buying a new car can be stressful and time consuming. Buyers often rush through the buying process because they can’t wait to drive away in their new rig. But when the dust settles, they realize they could have found a better interest rate or bargained for a better price. A great way to get a better deal and save money on your car is to refinance your auto loan.

Read More

By: Jennifer Leeson

October 11th, 2016

Women – Mastering the Fine Art of Negotiation

Auto Buying | Learn Something New

If you are a woman, you may have ambivalent feelings about negotiating. I’ve found that many women don’t practice their negotiation skills because they see negotiating as either taking advantage of others or asking for more than they deserve. The truth is, negotiating is about advocating for yourself. It is about getting what you need at a fair price. And, when done with respect for yourself and the person you are haggling with, negotiating most often results in a win-win situation, from which both parties walk away smiling.

Read More
6 Tips for Improving Your Credit Score

Cultivate and Maintain an Excellent Credit Score

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

By: Christine Davidson

May 16th, 2016

Driving Green: Are You Ready for a Hybrid?

Energy Savings | Saving and Budgeting | Auto Buying

  What is the Difference between Hybrid and Electric Vehicles? Hybrid vehicles rely on more than one form of fuel for power while electric vehicles (EVs) run exclusively on electricity. Most commonly, the two types of fuel used by a hybrid vehicle are gasoline and electricity. Hybrids and EVs are often more powerful than vehicles that are powered entirely by petroleum or diesel, and they use less fuel and require fewer trips to the engine repair shop.

Read More

By: Christine Davidson

April 26th, 2016

The Bottom Line on Car Dealership Add-Ons

Auto Buying

Don't Spend Your Money on Unnecessary Automobile Insurance, Warranties, or Other Extras Car buying can be exhausting. You research all of your options, narrow your choices, and talk the automobile salesperson down on the price, all the while waiting for that blissful moment when you can plant yourself behind the wheel of your new car and drive home.

Read More

By: Andrew Stickney

April 19th, 2016

The Problems with Buying a NEW New Car

Saving and Budgeting | Auto Buying

An Argument for Buying Used We’ve all heard the age old expression, “Abject Poverty ain’t just a river in Egypt,” or something to that effect. Yet on a day-to-day basis, incredibly smart people make choices that hurtle them towards it; purchasing a new vehicle when an older model would suffice is one of those choices.

Read More

By: Christine Davidson

March 28th, 2016

Auto Lease vs. Loan: Which Is Best for You?

Credit and Debt | Auto Buying

Statistics suggest that more people are leasing now than ever. As car prices increase and lease rates decrease, Americans (and millennials in particular) are opting to take on an auto lease rather than taking out a car loan. Auto leasing is a valid choice for some but may be the more expensive option for others. Before you settle on one option, consider the benefits and drawbacks as well as the overall costs of each.

Read More