Remar's Report

Prepaid Debit Cards—What are the Pros, Cons and Alternatives?

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Prepaid debit cards are the fastest growing segment of the payments industry. Retail purchases made with prepaid debit cards have gone from $77 billion in 2012 to over $200 billion in 2014. They are used by people who don't have bank accounts as well as those that do.

Many consumers see the cards as a convenient way to use "plastic" for regular spending without a traditional checking account debit card’s potential risk of exposure of funds to fraud. However, prepaid debit cards also have significant drawbacks—they are typically loaded with fees and do not have the protection of consumer laws that apply to traditional checking account debit cards and credit cards. This brief summary of pros, cons, and possible alternatives can help you decide what’s right for you.

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Managing Finances Online?—Have You Put These Benefits to Work?

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Managing your financial accounts online is convenient, time-saving, flexible, and secure. TCU offers online and mobile services that can help you keep close track of your accounts and transactions, pay bills easily, and manage your money on the go. These services are also free for members. Let’s take a brief look at the benefits.

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Paying Too Much for a Non-TCU Auto Loan?

TCU Refinancing Saves $$$

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Have you bought a new or used car recently? Did you finance with a lender other than TCU? If so, the chances are good that you may be paying too much for your loan. How can you know? Take a few minutes to check out refinancing opportunities at TCU. You could save hundreds to over $1000 on the total cost of your loan. You may also be able to reduce the term of the loan and/or lower your payments.

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Three Keys to Managing Your Money—Do You Use Them?

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What are your financial goals? Longer-term goals may include buying a home, saving for your children’s college education, or planning and investing for a retirement free of money worries. In the shorter-term maybe you’d like to buy a new car or plan toward a dream vacation. Managing your money wisely can help you reach your goals. Three powerful strategies form the foundation for success: 1) building a budget, 2) controlling your credit, and 3) setting up savings plans to grow your money. Your credit union has tools to help you do all three. This report outlines how.

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Financing Home Improvements

Have You Considered These Good Options?

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Are you considering making improvements to your home? If you are looking for financing for those improvements, the place to go is your credit union. TCU offers home equity loans and home equity lines of credit.

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Is Now a Good Time to Buy a Car?

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Sales are strong for car manufacturers and dealerships after several slow years. Maybe that had to do with the fact that the average car and pickup trunk on American roads is 11.5 years old. Maybe your vehicle’s best years are behind it, too, and you’re thinking about buying a new car or truck? Before you hit the websites or showrooms to shop, take a moment to brush up on these pointers. Your wallet will thank you.

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