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: Oliver Ames

May 6th, 2020

How to Manage Your Personal Finances during COVID-19

Credit and Debt | Saving and Budgeting | Identity and Fraud Protection | Lifestyle

COVID-19 has brought financial uncertainty to many, and even as we edge closer to recovery, the impacts of COVID-19 will be felt by many Vermonters for months to come. I sat down with Yvonne Garand, our senior vice president of marketing and business development, to talk about personal finance in the age of COVID-19.

Read More

By: Nick Bohlen

April 30th, 2020

Eight Things to Do if Facing Coronavirus Lay Off or Furlough

Credit and Debt | Saving and Budgeting

In the last month, 22 million Americans have filed for unemployment due to the coronavirus. Here in Vermont, unemployment has jumped from 2.2 percent to an effective unemployment rate of over 20 percent, with more than 80,000 claims to date for unemployment insurance due to COVID-19. The economy is slowly restarting, as certain industries are reopening with social distancing parameters in place, but many Vermonters remain unemployed or worried about job security. If you or someone you know is out of work, here are eight things you can do to survive being laid off (or furloughed).

Read More

By: Oliver Ames

April 15th, 2020

Top Five Myths about IRS Stimulus Payments

Credit and Debt | Learn Something New

We've received a number of inquiries from our readers about the COVID-19 economic impact payments (aka stimulus payments) since we originally posted this blog. Within those inquiries, we’re noticing a few common myths that have arisen, so we decided to post a follow-up article to clear up some of these myths. If you haven’t read the original blog, make sure to take a look if you don’t find the answers to your questions below.

Read More

By: Heidi White

January 15th, 2020

How to Pay off Credit Card Debt Fast

Credit and Debt | Saving and Budgeting

Now that the holidays are over, how is your credit card balance looking? This is often the time of year when people take stock of their debt and begin to despair. If that’s where you’re at, take a deep breath and keep reading for some simple tips that should help you get a good, quick start on getting rid of your balance(s).

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: Valerie Beaudin

December 31st, 2019

Don't Fall into the Payday Loan Trap

Credit and Debt | Saving and Budgeting

A payday loan is a short-term loan that is intended to be paid off with your next paycheck. Payday loans are often used by people who are short of cash to pay for emergency expenses. They are prohibited in many states because they are considered predatory loans that charge unreasonably high interest rates and fees, which make them very hard to pay off. Because they’re so hard to pay off, they can trap people in a cycle of debt for years. How can you avoid these loans when you really need the cash now? Keep reading.

Read More

By: Michelle "Shelly" Duprey

December 18th, 2019

What Credit Score Do I Need to Buy a House?

Homebuying and Mortgages | Credit and Debt

If you’re in the market for a new home, it’s time to review your credit report. The information in your report helps your mortgage originator determine your creditworthiness (whether you’re likely to pay back money loaned to you).

Read More

By: Heidi White

November 8th, 2019

5 Holiday Credit Card Habits of Highly Successful Shoppers

Credit and Debt | Saving and Budgeting

If an image of your credit card immediately comes to mind when you hear the words “holiday shopping,” you aren’t alone. Some people do it the right way—saving throughout the year so they don’t need to buy on credit. The rest of us mere mortals start thinking about the holidays when they’re a couple months away and do the best we can to cover costs. If you’re a mere mortal, like myself, here are some holiday credit card habits that will help you make it through the season with your finances intact.

Read More

By: Heidi White

August 13th, 2019

National Financial Awareness Day: Focus on Finance

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

August 14 is National Financial Awareness Day—a good reminder to take personal stock of your financial awareness. What does it mean to be financially aware? Financial awareness is akin to financial literacy and both refer to the knowledge and skill sets that support solid financial decisions and overall financial health.

Read More

Don’t leave without your free eBook

leadmagnetImageALT

Cultivate and Maintain an Excellent Credit Score

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

Don’t leave without your free eBook

Cultivate and Maintain an Excellent Credit Score

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