Should you rent or buy your next home?

Should you rent or buy your next home?

Home ownership is a big part of the American dream, but is buying a house the best choice for you right now? Depending on your financial situation, it may be better to rent—or to buy. To find out what may be the best choice is for you, let’s take a look at the pros and cons for both buying and renting. Read more ›

Posted in: Mortgages & Home Buying

Best gas and rewards cards for your summer travel

Best gas and rewards cards for your summer travel

A rewards credit card can be a good choice any time of the year, but with summer road trip season in full swing, it’s a great time to pick up a gas rewards card. Gas rewards cards can give you the same great rewards as any other reward card, but offer bonus points for gas purchases. It’s an ideal way to turn your summer road trip travel, or everyday commute, into yet another way to earn points for the rewards you like to enjoy. Read more ›

Posted in: Credit Cards

PenFed, Chrysler Liquidating Trust and VA Help Nearly 150 Homeless Vets Off the Streets

PenFed, Chrysler Liquidating Trust and VA Help Nearly 150 Homeless Vets Off the Streets

First three months of private-public partnership creates new housing opportunities for U.S. veterans

ALEXANDRIA, Va., July 11, 2016—Within three months of launching a collaborative $750,000 veterans’ initiative with the Chrysler Liquidating Trust and the Department of Veterans Affairs, the PenFed Foundation has used the program to provide more than $160,000 in aid to veterans living in three major U.S. cities. Read more ›

Posted in: 2016, News Releases

Money Mule scams are on the rise

Money Mule scams are on the rise

The name may be funny, but it’s no laughing matter. Knowing the different strategies, as well as the methods that criminals deploy to commit fraudulent behavior is essential in keeping your money safe. All it takes is one wrong donation or transaction and you may be stamped as a Money Mule.

Giving money to an arbitrary person or association may not only end with you having to pay the money out of pocket. You could become party to a potential criminal prosecution. This may seem far-fetched or seem like it could never happen to you, but many Americans fall victim to this kind of fraudulent behavior every year. Read more ›

Posted in: Avoiding Scams & Fraud

Should you take out a personal loan?

Should you take out a personal loan?

Whether you’re trying to cope with unexpected expenses, or find the extra cash for your next home remodel or family vacation, a personal loan may be a good option to consider. Personal loans are a convenient way to secure financing for just about any kind of expense. The money can be in your hands within a day of approval.

If you’re planning to borrow, let’s look at whether a personal loan is the right choice for you. Read more ›

Posted in: Personal Finance

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