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Debt

Debit card travel tips

travel documents

Tickets purchased, bags packed and finances in order, right? Ah – summer travel season is upon us. Don’t let your travel plans be derailed by unexpected problems with your debit card. Follow these tips to make sure your access to funds goes smoothly. While these tips are specific to White Sands FCU issued debit cards,…

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Why was my loan denied?

old typewriter and word "rejected"

You applied for a loan and your application was denied.  And now, you are left wondering why. Here are six common reasons loan applications get rejected, and steps you can take to make yourself more likely to be approved for your next loan. Your credit score is too low Your credit score, also called a…

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What is your net worth and why does it matter?

eggs in basket one gold

Net worth is pretty simple – it is what you own minus what you owe.  Some people say you shouldn’t include the equity in your primary residence, your household goods or your vehicles.  Others say go ahead and include them.  You can decide – that’s your choice.  In its most basic form, your net worth…

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To pay down debt, first you have to save

piggy bank

When you want to pay off debt fast, that impulse often means depleting your savings. So how do you pay off debt AND save money? Mathematically, based on the interest rates of your loans versus your savings account (or other savings products), your debt is likely costing you more money every month than your savings…

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