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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: David Tepfer

August 26th, 2021

How to Successfully Apply for and Rent an Apartment in Vermont

Homebuying and Mortgages | Youth and Finances | Saving and Budgeting

One of the first steps to living on your own is finding an apartment. Like most things, being well prepared will make the transition smooth and your apartment search more likely to succeed. I’ve been renting ever since I went to college—more than 10 years now. I’ve rented in two different states, and with every configuration of living situation (alone, with roommates, and with my partner). Over the years, I’ve had a ton of interaction with landlords, lease agreements, and state renter’s rights. I’m going to be putting the combined experience into this guide to give you the best chance of rental success.

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By: Alicia White

March 31st, 2021

Planning for Spring Home Improvement Projects: Do's and Don'ts

Homebuying and Mortgages | Energy Savings | Learn Something New

We all lead busy lives and the thought of getting all our tasks done can seem overwhelming, especially when it comes to home maintenance. With spring coming, you may be wondering what projects you need to tackle around the house. The pandemic has spurred a lot of home projects, which means contractors’ schedules are filling quickly (some may already be filled). So, now is the time to start planning and reaching out!

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By: Nick Bohlen

March 26th, 2021

You’re Under Contract to Buy a House. Now What?

Homebuying and Mortgages

Buying a home is one of the largest financial decisions you’ll make, if not the largest. As a result, it can be a complicated, time-consuming, and stressful process. Though it might not feel like it during your search, eventually the right home will appear, your offer will be accepted, and you’ll find yourself in contract to buy a house. (Having just become a first-time homeowner after a year-long search, this is a promise I feel comfortable making.) While it is a relief to finally be under contract, you’re not quite out of the woods. Here is what you can plan to do between going into contract and closing on your new home.

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By: Seth Kerin

March 4th, 2021

Spring is Coming: How to Hire Contractors for Home Improvement Projects

Homebuying and Mortgages | Saving and Budgeting | Learn Something New

We are still in the midst of winter, but now is the time to start planning for spring upgrades, repairs, and projects. Warmer weather will be here soon (I promise!), so it is best to be prepared to take advantage of our limited warm months. Preparation and planning now can make any project go smoother.

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6 Tips for Improving Your Credit Score

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By: Marina Haslam

February 9th, 2021

Good vs. Bad Debt: What's the Difference When Managing Debt?

Homebuying and Mortgages | Credit and Debt | Saving and Budgeting

Debt can be a complicated or sensitive topic, but it’s important to discuss because it’s crucial to our personal finances. Your credit score is impacted by the amount of debt you have, whether you are paying off your debt on time, your credit card balance(s), and more. Debt can also have you spending significant sums on interest alone.  According to financial data from Zillow, Forbes, and TransUnion, the average American will pay just under $900 a year in interest on their credit card debt.  However, not all debt is bad. Sometimes debt can help to improve your credit score, make a sound investment in your future, and more. Understanding the difference between good debt and bad debt can help you determine what debts to pay off first or avoid going into certain types of debt.

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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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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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By: David Argentieri

May 4th, 2020

Home Improvement Projects: Increase Your Property Value & Home Comfort

Homebuying and Mortgages | Saving and Budgeting | Learn Something New

Home ownership is incredibly rewarding, both financially and personally. Building equity in your home puts you on the path towards a sound financial future, while pride of ownership can be immensely gratifying. Now that spring is arriving, a lot of homeowners finally have a chance to begin planning a renovation or tackling a repair that was put on hold during winter’s harsh weather.

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