The new year is a great time to start adopting smarter financial habits. We’ve come up with four New Year’s resolutions for your finances…continue reading to learn more!
Stay on top of your credit report. Your credit report is a statement that has information about your credit activity and current credit situation, such as loan repayment history and the status of your credit accounts. You are entitled to one free copy of your credit report each year, from each of the three nationwide credit-reporting companies. When reviewing your report, be sure to look for errors that could end up damaging your score. If you do notice a mistake, contact both the credit bureau and organization that provided the information to the bureau.
Pay off your debt. 2021 could be the year you become debt-free, or close to it. When tackling debt, it’s important to pay more than the minimum. If your interest rates are so high it feels impossible to make headway on your balances, it is worth consolidating your debt into one monthly payment. A consolidation loan with SeaComm allows you to combine all your outstanding balances into one convenient, monthly payment. This makes it easier to work out a reasonable period to pay off your debt, without feeling overwhelmed.
With SeaComm’s loan pre-approval program, LoanEngine™, you might already be pre-approved for a consolidation loan! If you qualify for a pre-approved offer, you’ll be presented with it through our SeaComm Mobile app or NetTeller™ in the “My Offers” tab, via email, and/or a letter through the mail. Click here to login to your NetTeller™ to view your current offers. If you don’t have any offers at this time, be sure to check back every 60 days.
Build your emergency fund. Saving money isn’t always easy, but it’s important to have an emergency fund that you can tap into from time to time. SeaComm has a variety of savings options designed to fit your needs and help you financially prepare for the unexpected: Regular Savings, Share Certificates, Club Accounts, Individual Retirement Accounts and more! Click here to get started, or call us at (800) 764-0566.
Stick to a budget. Going into the new year, you should take some time to establish a budget for your expenses. This will enable you to make better decisions when it comes to spending your hard-earned money! Take advantage of SeaComm’s Online Financial Management service, which allows you to track your budget and spending from your computer or mobile device. Click here to learn more.