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Credit cards have become essential to modern life, allowing us to afford necessities we cannot purchase outright. From groceries to medical bills, they provide a way to cover expenses when cash is tight.

Credit cards offer instant, convenient access to credit whenever you need it. Used right, that can help you spread out your spending and build credit that can help you afford big-ticket items like a home or a car.

In today’s fast-paced business environment, standing still is not an option. Growth is not just a goal; it’s a necessity for survival and success. But how do you achieve sustained growth in a competitive market? This week we explore how to identify growth opportunities, the customer experience, leveraging strategic partnerships, and evaluating your current products and services.

Running a flourishing business means overseeing a constant flow of money. There’s revenue, payroll, suppliers, lease payments, taxes and so much more. It’s a lot to keep track of!  Luckily, though, there are lots of products on the market that can help you cover, manage and track your business expenses effectively and smoothly. Let’s take a look at some of these business products and share some tips for choosing those that are the best fit for your business.

Discover the exciting new membership opportunity at Wasatch Peaks Credit Union with the Trails Foundation of Northern Utah (TFNU) affiliation.

Savings and money market accounts are two popular options available to individuals seeking a secure, low-risk avenue to keep their money. Both options provide a safe place to store your funds while earning some interest.

Money market accounts offer a higher interest rate but come with some restrictions compared to checking and saving accounts. But, can you add to your balance regularly with a money market account? And are you able to withdraw money at any time, or is it stuck in the account when you might need funds unexpectedly? 

Money market accounts (MMAs) are unique types of savings accounts that offer numerous benefits. An MMA combines the best of both worlds of a checking account and a savings account, making it an excellent choice for savers and consumers alike.

The weeks after the holiday season generally bring an increase in scams that can be difficult to spot. Watch out for these common post-holiday scams.

Home equity loans and mortgages are both ways of borrowing against the value of your home. That’s why home equity loans are also sometimes known as second mortgages, but there are also fundamental differences in how these loans work and what they are intended to achieve. 

Q: I’m an avid sales shopper, but after so many Black Fridays spent fighting crowds to chase down deals, but often coming home disappointed, I’m wondering if it’s all worth it. Should I give up the Black Friday shopping?

When it comes to building savings, both CDs and money market accounts offer safe, easy ways to get started, but which one is better for helping you achieve your financial goals now and in the future? 

Money market accounts offer a great way to grow your savings while keeping your money close at hand, but come with some restrictions. We take a look at some money market account pros and cons to keep in mind when choosing where to invest your savings.

Tapping the equity you hold in your home can be a great way to pay for major renovations, college tuition, and other big expenses, but did you know you can also use a home equity loan for debt consolidation? We take a look at the pros and cons of using your home equity to help pay down your high-interest debt.

Are you trying to decipher the differences between retirement savings plans? SIMPLE IRAs (Savings Incentive Match Plans for Employees) and Traditional IRAs (Traditional Individual Retirement Accounts) are two popular investment vehicles that can help you secure a financially stable future.

It's no secret that stashing away funds in a tax-advantaged retirement account is a savvy financial move. However, the stringent rules attached to these accounts can often make it challenging if you need to access your savings in an emergency. 

Certificates of deposit (CDs) can be an attractive investment option, offering many benefits such as fixed returns and higher interest rates than traditional savings accounts. However, there are a few potential downsides and it's essential to understand them fully before diving in. 

Can you have more than one IRA? The short answer is yes, but the reasons you might want to do so are more complex. We take a look at why you might want to have more than one IRA account as well as some of the implications of doing so.

Traditional individual retirement accounts (IRAs) offer a simple and convenient way to save for retirement as well as offering significant potential tax savings. Here’s how to open a traditional IRA in just a few easy steps.

A Coverdell Education Savings Account is a great way to start saving for your child's education expenses from K-12, college, and even other forms of higher education. You can open an account with your local credit union or another financial institution such as a bank. 

Saving for retirement is essential, but according to a recent survey, almost two-thirds of Americans fear their retirement planning is not on track. Smart long-term planning is critical if you are not going to struggle to make ends meet once you stop working.   

The roaring eighties and nineties gave certificates of deposit (CDs) an undeserved reputation as a safe but rather dull place to keep excess cash. High inflation, soaring interest rates, a looming recession, and an uncertain stock market have changed all that. Read on to find out why CDs are having a moment—and why you need to be part of it.

At Wasatch Peaks Credit Union, we want to help make your financial and personal dreams come true. Whether that’s buying a new house, applying for our Visa Platinum Cash Back Rewards Card or getting a personal loan for your vacation, we’re here to help you every step of the way. Because of this, we’ve partnered with Get Away Today to make sure that your next vacation is worry free. If you’ve never heard of Get Away Today, here are just a couple of reasons why we recommend them for all your travel needs:

A certificate of deposit offers a predictable and risk-free way to grow money you can afford to be without for a few months. But what if you want to add cash to a certificate account you have already opened? Can you add money to a certificate of deposit on a regular basis? At Wasatch Peaks Credit Union, the answer is yes.

Certificate of deposit (CD) accounts offer higher rates and guaranteed returns with all the security of a regular deposit account. That makes them a great way to save for a set goal or take the next step in turning your nest egg into real long-term wealth. 

It’s a good time to be a homeowner. A home equity loan can help you invest further in your most valuable asset or fund other important expenses. Here’s what you need to take out a home equity loan in 2023.

Refinancing a home equity loan can help lower your monthly payment or adjust your loan terms to better meet your needs. It’s another way to make what you already have work harder for you. Here’s how to refinance a home equity loan and when it might make sense for you to do it.

One of the best ways to live a sustainable lifestyle is to reduce your energy usage. Practicing energy efficiency enables you to lower your carbon footprint and help combat climate change, all while saving money on your energy bills. It’s truly a win-win! 

If you're a homeowner, you may tap into the equity you've built up in your home to finance your projects and achieve your goals. Whether you’re looking for a lump sum installment loan or a revolving credit line, we’re here to help you find the option that best fits your needs.

Planning and enjoying a dream vacation without taking out a second mortgage may seem out of reach, but it is possible. One of the best ways to bring down vacation costs without compromising on the fun factor is to choose a vacation destination smartly. Here’s how to find a budget-friendly vacation destination for the trip of a lifetime!

Once you've built up some equity in your home, you may be wondering about the best way to access the funds so you can complete home improvements, go on a dream vacation, consolidate debt, or achieve another goal.

If you’re a Wasatch Front homeowner looking to buy a second property, the equity you hold in your original property can be a powerful way to fund your purchase or cover some of the costs associated with buying a rental or investment property.

Saving is essential to reaching your financial dreams. A money market account can be a great place to begin or provide a valuable stepping stone to the next stage in your savings journey. We take a closer look at how money market accounts work, what they’re best used for, and what to look for in finding a great account that matches your needs.

There’s nothing quite like going for a long motorcycle ride on a warm, sunny day—just you, the open air, and the road ahead. It’s an experience that only motorcycle riders can truly understand and appreciate.

If you're a homeowner looking for a convenient way to access funds, you might consider tapping into your home’s equity. One great way to do this is by opening a home equity line of credit, or a HELOC. 

Financial literacy is the ability to understand and use financial skills, including responsible money management, budgeting, saving and investing for the future. Let’s take a deeper look at Financial Literacy Month along with some ways to become more financially literate for managing our money responsibly all year long. 

Spring is here, and the buds are sprouting like mushrooms after rain. Unfortunately, so are the scams. The Better Business Bureau (BBB) is warning of an uptick in lawn-care scams, which can be difficult to spot. Here’s what you need to know about these scams and how to play it safe.

If you’re a north Utahn who is just starting to save, keeping your hard-earned money safe is your top priority. We explain why a money market account is among the safest choices you can make and answer some common questions, like “Is a money market account FDIC insured?”

Chances are you already have an auto loan and maybe even a home loan. Well, boat financing isn't all that different. You simply borrow the amount you need to cover the purchase, choose a loan term to suit your budget, then start making monthly payments. 

If you’re planning a dream getaway, you don’t have to plan on spending a boatload of money. An easy way to bring down costs while still enjoying the vacation of a lifetime is to be flexible with your vacation date. Let’s take a look at why your vacation date has such a strong impact on prices and how to be flexible with your travel plans. 

A money market account is a great way to start putting money away towards any savings goal. Whether you have your eye on a dream wedding, an island vacation, a loaded side-by-side, or you just want to set aside cash in a rainy day fund, a money market account offers a great way to get started.

Upcycling is a popular way to reuse old or unwanted items while giving them new life. It’s an environmentally friendly choice that reduces waste and saves you money at the same time. Best of all, you only need some creativity, a little time to devote to the project and stuff you already have lying around at home to be a successful upcycler. 

If you are thinking about buying a boat to enjoy sailing, fishing, water skiing, or something else, you may be wondering how long you can finance it. The longer your loan term, after all, the lower your monthly payments. The following overview of boat financing can help you understand how these loans work and how to determine the best loan term for your budget. 

If you’re looking to hit the open road in a brand new ride or simply want a more fuel-efficient mode of transportation, nothing compares to a motorcycle. However, there are some important steps you should take before making your purchase, like creating a budget and getting pre-approved for a loan! This guide will show you how to get a motorcycle loan pre-approval.

Going organic is a great way to improve your personal health and the health of the environment. By choosing organic products, you can help reduce the amount of synthetic pesticides and fertilizers that are used in the farming and harvesting of food products, which can have devastating effects on the soil, water and air. 

An RV can be a great investment, offering years of affordable family vacations or a great retirement lifestyle. But what are the average loan terms on an asset like a recreational vehicle? 

Q: I’m trying to heal financially as life returns to pre-pandemic norms, but the rising cost of many commodities, like groceries and gasoline, is making a financial rebound a challenge. Why are prices skyrocketing right now?

If you’re planning a trip overseas, airfare may be your largest vacation expense. Even when flying relatively close to home, the cost of your airline ticket can take a big bite out of your vacation budget. Fortunately, there are loads of ways to save on airfare and leave you with more to spend at your destination. Here, we’ve compiled a list of six ways to save on airfare.

It’s that time of year again: the time when you draw up a list of New Year’s resolutions looking awfully similar to last year’s list. This year, why not go beyond the usual weight-related goals and resolving to spend less time on social media by setting some resolutions for the workplace? It’s time to turn yourself into a star employee! Here are five workplace resolutions for the New Year.

Since 2008, hundreds of thousands of homeowners have chosen to install solar panels on their rooftops to use the sun’s energy for powering their homes. Solar panels can benefit the environment and can save the homeowner boatloads of money in energy costs over the years. Thanks to the ever-evolving solar industry and generous government incentives, solar panels are more popular than ever. Here’s what you need to know about going solar.

A recreational vehicle, also known as an RV or camper, gives you the opportunity to travel the country and still have all of the luxuries of home like a restroom, beds, and a kitchen for preparing meals. 

The holidays are over, and if you’ve gone over budget with your spending, it’s time to deal with the aftermath. Instead of living in a financial deficit, take steps to repair your budget as soon as the last guest leaves. 

Taking off on a road trip adventure in an RV is a great way to spend time with friends and family. You can set up your home on wheels in a remote location, then relax and enjoy the natural surroundings. Traveling by RV allows you to have unique experiences that a hotel room could never match.

RVs are a great way to travel. These homes on wheels allow you to cruise to your destination in comfort and luxury. When you arrive, there’s no need to rent a hotel room since you brought your own accommodations.

Recreational vehicles, also known as RVs or campers, are a unique hybrid between a vehicle and a home that you can take on the road! They’re a convenient way to travel the states without the hassle of flying, plus they have built-in accommodations. But the downside is that RVs can come with a hefty price tag.

According to recent studies, Americans are more concerned than ever about their finances. Unfortunately, most are doing nothing about it.

Shopping these days is worlds away from what it was at the turn of the century, or even just a few years ago. According to retail research firm, Digital Commerce 360, eCommerce sales surpassed $870 billion in 2021, a 50% jump over 2019. Online shopping is quick, easy and convenient. 

You may have heard a lot recently about fraud rings and how dangerous they can be for both businesses and individuals. But what is a fraud ring and how can you keep yourself from becoming a victim?

Many parents have found themselves asking an important question: Should I offer financial support to my adult child?

With inflation driving up costs on everything imaginable, you may have found that your monthly budget isn't going as far as it usually does. 

Whether you have limited credit history, especially as a new borrower, or some negative credit history, there are many reasons why you may not have a great credit score. Many people get a car loan to purchase a new vehicle – but it can be tricky to qualify for one if you don’t have the best credit.

When it comes to opening a new credit line, it's smart to research so you know what to look for in a credit card offer. Credit card companies, big banks, credit unions, and even your local retailers all have their own credit card products, so understanding how each works, and how they impact your finances is wise before sending off your application.  

Utah is proud to have a strong military, veteran, and retiree presence in its communities. 

When you’re buying a home, you may initially feel overwhelmed by the many different types of mortgage loans. It’s a lot to think about! But paying attention to your monthly budget, down payment amount, and credit score gives the best idea of which loan works for your situation.

It’s tax season, so it’s time to get your paperwork in order and hire a tax preparer. Unfortunately, though, there are thousands of scammers looking to steal your information and your tax refund by posing as authentic tax preparers. It’s important to learn how to recognize the signs of a fraudulent tax preparer so you don’t fall victim to a tax filing scam. Here’s all you need to know about these scams and how to keep your money and your information safe.

A new car is a big purchase. It can be helpful to do some research ahead of time so you can know what to expect. This is especially true when it comes to the monthly payment for the car loan.

Buying a car is a major financial purchase. For many people, it is second only to their home purchase.

The value of vehicles will fluctuate over time. This depends on a variety of factors including the wear and tear of the vehicle and the overall market for cars. While there are exceptions in vintage collections and limited-edition models, most cars will eventually lose their value.

Whether it’s a cracked screen or an unexpected swim, it doesn’t take much to damage a cellphone.

When it comes to choosing a credit card, there are many different options available. These different types of cards have pros and cons that can help you find the perfect fit for your situation. Here are 7 types of credit cards to consider:

Equity is a term that you may encounter when dealing with financial matters. It is easy to understand, and if you have equity in your home, you may be able to qualify for certain types of loans that have special benefits.

A home equity line of credit (HELOC) is a popular way for homeowners to tap into the equity they have in their homes. These loans are different from traditional loans in several ways, and it’s important to understand how they work before you apply for one.

You may be considering a home equity line of credit (HELOC) to gain access to the value you’ve collected in your home, also known as equity. HELOCs work much like credit cards. You’re given a set credit line based on your home’s equity where you can then withdraw money as needed. 

Mortgages are the most common way that people obtain the money they need to purchase their homes. If you are a first-time home buyer, the following overview can help you understand how mortgages work and what fees you can expect. There are also a few helpful tips for when you apply. 

Whether you’re getting your first credit card or you’d like to improve your habits with your credit card spending, we have some expert tips to help you use your card. There are many ways to use a credit card, but not all of them are wise or recommended.

Buying a new car is exciting! If you’re like many people, you’re choosing to finance your purchase with an auto loan. There’s a lot to consider when it comes to your financing and what options are available to you! Check out this guide to help you discover the best way to finance your new car to help you save money and stress less.

Identity theft can be devastating to experience, and the process of recovery can be time consuming. There’s a lot to be considered as your repair the damage and you don’t want to leave any potential openings for further fraud. Here is a guide to help you explore and understand the recovery process.

You’ve likely experienced an overeager cashier or floor manager trying to sell you on the benefits of their store’s credit card. But are store credit cards worth it? Keep reading to find out what store credit cards entail, if they are right for you, and their pros and cons.

Whether you’ve been a victim of identity theft or you’re trying to be proactive to avoid the damage and upheaval of identity theft, identity theft services can help keep your information safe in the future. However, once you’re ready to move forward, you’ll need to choose which identity theft service to move forward.

Before diving into the housing market, you usually have a general idea of where you want to live, how you want to live, and how much home you can afford. But that’s only the beginning!

A home equity line of credit (HELOC) is a homeowner's best friend, especially when it comes to major renovations. 

When you decide to become a homeowner, you’ll likely need to take out a mortgage to purchase your new home. Knowing you’ll need a mortgage to finance your home is an easy decision to make but deciding which mortgage is right for you can be a harder decision. 

Black Friday has traditionally been the day that kicks off the holiday shopping season, sending hordes of crowds surging through malls and big-box stores all over the nation. Unfortunately, it’s also been a day that kicks off the season of shopping scams. 

You can use your credit card to perform many useful functions beyond paying for items in-store and online. Credit cards can give you a financial safety net, help you shop safer, earn rewards, and even get cash back on purchases.

While they may look similar, debit cards and credit cards work differently and can provide different benefits when you utilize them. Understanding how they work and when to use them can help you make the best decisions for your finances. Here’s a guide to help you understand each type of card and when to use them.

At Wasatch Peaks Credit Union, one of our primary services is helping walk you through the home loan process. A mortgage loan is a huge financial commitment, and you need to know that you have expert help available for areas you may not be familiar with.

You may be considering a home equity line of credit (HELOC) to gain access to the value you’ve collected in your home, also known as equity. HELOCs work much like credit cards. Based on your home’s equity, you’re given a set credit line where you can then withdraw money from as needed.

Owning a home is a huge financial investment. But how can you put that investment to work for you?

Did you know that you have the option to pay off your car loan early?

Buying a car can be an exciting experience, but there are many different components to understand. An important part of financing your new, or new-to-you, car is your down payment. You may be wondering how a down payment works and how much you’ll need to pay for your vehicle upfront. Check out this guide to learn more and help you decide how much you’ll want to pay for a down payment.

Identity theft occurs when someone uses another individual’s personal information to commit fraud or other serious crimes. This can have devastating consequences to the victims who are left to pick up the pieces. This guide can help you identify ways to better prevent identity theft and protect your personal information.

According to Experian, identity theft will impact 1 in 20 people in the United States. Whether the identity theft has to do with debit or credit cards, financial accounts and loans, or government information, the victim is left to deal with the fallout and recovery.

Small Business Administration (SBA) loans are very popular among business owners for several reasons. It’s worth taking the time to learn about them and to see how they compare to other financing options if you need a loan for a startup or to expand an existing business.

There’s a lot to juggle when you’re a business owner, including how to finance your business purchases. Whether you’re needing to finance inventory purchases, equipment or other business expenses, a business line of credit can be a great option for short-term financing. We’ve put together a guide to help answer your questions and decide if a business line of credit is the best choice for you.

A business line of credit can be a great alternative to a traditional business loan. This type of loan is often more flexible in terms of how the funds can be used and repayment requirements, which makes them a popular option.

With several small business loans to choose from, selecting the best one for your startup can be confusing. The following overview of the most common small business startup loans can help you determine which funding option is best for your needs.

That cackling, long-haired witch might send your heart fluttering with fear, but these Halloween scams are even spookier! Here’s what to know about these common Halloween scams. 

Everyone loves a gift card for their favorite retailer or restaurant. It’s like getting money to spend in any way you please! Unfortunately, scammers also love gift cards, but for all the wrong reasons: They often use gift cards to pull off scams. Here’s what you need to know about gift card scams and how to avoid them.

Investing in rental property is a proven vehicle for building wealth. After making a down payment and securing a loan for the remainder, you can then use the monthly rental income to make the mortgage payments and grow your net worth.

Small businesses are the backbone of our country. They employ nearly half of the national workforce, and they are responsible for just over half of the US gross domestic product. They are the unsung heroes of our economy.

Are you torn between buying or leasing your next car? Choosing between the two can be difficult, but there are pros and cons to each that might help you make your choice. Here is a guide to help you decide which option is the best fit for your needs.

If you are thinking about starting a business, or you would like to expand an existing business, you may be wondering how you can obtain the necessary funding to purchase commercial real estate. The answer may be found in either a Small Business Administration (SBA) loan or a line of credit.

Buying a company car for your business can be a big step forward with a lot of decisions to explore. You’ll want to find a vehicle that is affordable, fits your company image, and meets your needs. We’re here to help walk you through some of the important things to consider as you investigate buying your own company car.

Unless you operate an e-commerce business or another online venture, real estate is a necessary part of most small business operations. While many businesses get started by leasing land or a store, most will eventually want to purchase property of their own as their startup matures and grows.

You may have seen a dealer or financial institution offering 0% APR financing on auto loans, but what does that really mean? Is it as good of a deal as it sounds? We’re here to help you understand what this offer includes and how to decide if it’s a good fit for you.

Few companies have the necessary cash reserves to finance the construction of new buildings for their operations, which can cost millions. To finance expansions, they often turn to commercial construction loans for the land, materials, labor, and other costs.

Buying a new car can be a very exciting purchase, whether the car is new or new-to-you! Unless you have the funds saved up to purchase the car, you’ll need to get an auto loan to finance your purchase. There are several factors when it comes to qualifying for an auto loan, including your credit score. Here’s a helpful guide with information to help you through the process:

If you are a small business owner, obtaining a loan to expand your operations may be easier than you think. 

As the store aisles fill up with pencils and crayons and the frantic back-to-school shopping season begins, scammers are ready to strike. Whether you’re a college student preparing for the fall semester, a high school student ready to make the most of the coming school year or the parent of a student of any age, beware of these trending back-to-school scams.

As a small business owner, you are part of the backbone of the American economy. Small businesses makeup approximately 44 percent of all economic activity in the U.S. and employ millions of people. About 534,000 new small businesses start up every month, and nearly all of them need funding to get off the ground.

Individual Americans spend hundreds of dollars a year and at least as many hours on keeping themselves physically fit — but too many people neglect their financial health. Just like physical health, being financially fit is crucial to your wellbeing, your future and your quality of life. 

Businesses often need a source of money to fund expansions, for additional working capital during slow seasons, and other reasons. The two most popular options for obtaining the funding they need are business loans and business lines of credit.

Deciding when to refinance your car loan can be a big decision. There are several factors to consider when it comes to the timing of a refinance and your situation. We’re here to help you understand how to refinance and then review what situations make refinancing a great option for you take advantage of.

Q: I’d love to pick up some great bargains as the summer winds down, but I’m not sure what I should be buying this season. Which products typically go on sale in August and which should be pushed off for another time?

Starting a business can be daunting and can seem financially out of reach. Fortunately, there are loans specifically available to help small businesses reach goals and access important resources. Here’s a guide to help you get started:

With the different fees, resources, and types of accounts, choosing a checking account can sometimes feel overwhelming. There’s a lot of different factors to compare! We’ve put together this guide to help you know exactly what to look for when it comes to comparing the different checking accounts so you can find the best fit for you.

When it comes to choosing a mortgage loan for your home, there are a lot of different options to consider. A jumbo loan might just be the loan you’re looking for! Check out this guide to learn more about jumbo loans and help you decide if it’s the right mortgage for you.

Small Business Administration (SBA) loans are the most common way that entrepreneurs finance expansions, obtain working capital, purchase real estate, and do other things that are critical to business success.

Starting, maintaining, and growing a business is a lot to take on and equipment and real estate can be a major hurtle when it comes to business expenses. Fortunately, there are loans available to help ensure you have the funds you need to be successful. We’ve created this guide to help you understand how an SBA 504 loan can help you!

Choosing to open a checking account can provide you with many benefits when it comes to managing and storing your money. We’ve put together this list of advantages you can enjoy when you utilize your checking account, check it out!

Utilizing a checking account is an important step for managing your money. It enables you to easily access, withdraw, and utilize your financials for a variety of transactions.

Buying a home can feel out of reach financially, especially when the housing market is active. Fortunately, there are homebuyer assistance programs available to help bring your dream of buying a home into your reach! From offering adjusted loan requirements, flexible terms, and grants to assist with down payments, there are a variety of options that could help you move into your dream home sooner than you think.

Choosing a financial institution to finance your car loan can be a difficult decision. While it’s important to find a good interest rate, it’s also very important to find a financial institution that works for you. We’re here to offer 6 reasons why you may want to consider choosing a credit union for your next auto loan.

Buying a home can be a daunting process, but your mortgage lender can help guide you through the financial process. It’s important to find a lender who is a good fit for you and one that you feel comfortable with. Here are some great questions that you may want to ask your lender to help you make important decisions:

For the last year, the U.S. has had more remote workers than ever before. For those in the market to rent (or purchase) an office, this has presented a unique opportunity to get into previously tough-to-afford spaces. But, there are a number of different nuances to the decision of whether to rent or buy an office space, with no one-size-fits-all approach.

As your teenager gets older, they transition closer to adulthood and moving into the world. Now is an important time to help them learn money management skills.

Did you know that you can earn rewards with your checking account?

Q: I’m trying to heal financially as life returns to pre-pandemic norms, but the rising cost of many commodities, like groceries and gasoline, is making a financial rebound a challenge. Why are prices skyrocketing right now?

With mask mandates and occupancy limits easing and/or lifting, millions of Americans are looking forward to a summer getaway with more excitement than usual. Entertainment venues are opening, attractions are up and running again and for some, it’s been two years since they’ve enjoyed a real summer vacation.

For many young adults, obtaining a college degree in their desired field is the key to a secure financial future. Unfortunately, though, scammers are exploiting this essential right of passage by offering fake diplomas and bogus degree programs to the unsuspecting college-bound crowd. Here’s what you need to know about college degree scams.

Re-acclimating to normal life as pandemic restrictions are lifted and businesses reopen across the country will mean more than just getting used to wearing real pants again and working without your cat on your lap. You’ll also need to consider your finances. How has your overall money management changed during the pandemic? Have you dipped into your savings? Have you been letting your retirement accounts slide? Or, maybe you’ve been waiting for the chance to hit your favorite retailers again, and you can’t wait to splurge after a 15-month financial fast.

Q: I’ve heard that the IRS will start making advance payments toward the Child Tax Credit of 2021 this summer. What do I need to know about these payments?

One of the most important parts of setting up a monthly budget is separating needs from wants. Before assigning dollar amounts to any categories, it’s important to know which parts of your monthly expenditures are an absolute need, and which items would be nice to include, but are not a necessity. Many people find this particularly challenging, and many even give up on budgeting when they can’t move past this step.

The real estate market in Ogden, Utah, has been robust for years—long before the market became hot for other cities in the U.S. It’s not hard to see why. Ogden is a gorgeous place, offering majestic views of the mountains, and its real estate provides access to an amazing quality of life.

Are you constantly dealing with a barrage of junk mail that clogs up your mailbox? Drowning in papers needing sifted through? Are you always afraid to throw out any paper from your financial institution, fearful that you’ll be throwing sensitive material into the trash and making it an easy steal for would-be scammers?

Although residential real estate remains scarce, with bidding wars cropping up in even unassuming neighborhoods, there are many opportunities for those hoping to enter (or add to their holdings in) the commercial real estate sector.

Q: Which home improvement projects can I tackle myself, and which should I leave to the pros?

As a new homeowner, you likely have a long list of items you need or want to purchase for your new digs. From welcome mats to plungers and wall hangings, there’s lots to buy in the first weeks after moving day. As you browse through window treatments and home decor, don’t forget to stock up on the basic tools every new homeowner needs.

Have you been bitten by the gotta-have-it bug? It could be a Peloton bike that’s caught your eye, or maybe you want to spring for a new entertainment system, no matter the cost. Before you go ahead with the purchase, though, it’s a good idea to take a step back and follow the steps outlined here to be sure you’re making a decision you won’t ultimately regret.

What is Overdraft Protection?

Overdraft protection is a type of loan offered by a financial institution that ensures that your transactions clear, even if there aren’t enough funds in the account. This is done by linking two accounts. Your financial institution will automatically transfer funds from one account to cover the overdraw of funds in the other. This safety net will allow the transaction to go through up to a set amount but will result in an overdraft transfer fee.

What is a Mortgage Preapproval?

A mortgage preapproval is the process that lenders utilize to determine how much money you can qualify for on a mortgage loan. If you qualify for a preapproval, you’ll receive a preapproval letter that can be used as you search for and buy your new home.

Refinancing your mortgage can be a great way to save money on your payment, take advantage of great interest rates, or to free up some extra cash. But how long will it take? We're here to help walk you through the process and any potential delays throughout.

Spring is a great time of year to clear your house of accumulated junk and make it sparkle. Why not do the same for your finances? Junk can accumulate there, too. In fact, some of your money matters may need a good wipe down this season. It is especially true this year, when many Americans are still recovering from the financial fallout of COVID-19, or maybe wondering how to use the latest round of stimulus checks. Whatever your current situation, a thorough spring-cleaning for your finances is a responsible move this time of year.

Q: I’d love to have a dog, but I’m not sure I can afford one. What kind of expenses am I looking at if I bring a furry canine friend home?

It’s stimulus season and tax season at once, and scammers couldn’t be happier. They know that taxpayers are eager to get their hands on their stimulus payments and tax refunds. As consumers are working to file their taxes before the May 17 deadline, all that paperwork and payments mean people may be letting their guard down. For a scammer, nothing could be better!

Choosing a credit card can be a big financial step. This guide will help you understand how unsecured credit cards work and how they vary from a secured credit card to help you as you begin your search for a new credit card.

There can be a lot to consider when it comes to getting a mortgage, including how you pay your mortgage payment. One option that you might be considering is to pay your mortgage with a credit card. Here is some information to help you understand the details of paying with a credit card and whether that is the best choice for you.

Another phone call, another scam.

If you’ve had a negative history with checking accounts or have had your account applications denied, it may be easy to feel discouraged moving forward. Did you know there’s an opportunity for a second chance to build or rebuild that history? We’ve got the information on second chance checking accounts to help you get started.

Utilizing a trust can be a great way to transfer funds, property, and assets, and ensure that they are used for specific purposes. A trust checking account can be a great tool to help you manage your trust and safely hold the funds. You can use this guide to help you explore the uses and benefits of having a trust and a trust checking account.

When it comes to SBA 504 loans, you likely have quite a few questions: What are the benefits of a 504 loan, and how can the funds be used? What is the maximum that someone can apply for, and who is eligible?

It’s tax season, and scammers are working overtime to get your money. Tax scams are as varied as they are common, but when you know what to look for, you can beat fraudsters at their game and keep them from getting your money and your information.

Have you been considering canceling a credit card? There’s a lot to consider when it comes to making that decision. You probably have questions about the process and consequences of closing a credit card and we're here to help, so let’s go over some helpful information.

While it may seem that the days of writing checks has been replaced by technology, checks are still an integral part of managing finances. It’s still very important to understand the different parts of a check so you can read and write them. Here is your guide to help you learn the different parts of a check:

You’ve paid off your credit card, now what? First, congratulations on meeting one of your financial goals! Paying off credit card debt is a huge step and can take a lot of work. You’re probably now wondering what you should do next and we’ve got some ideas and tips to help you navigate your next steps.

Have you ever tried to deposit a check, but the funds took some time before landing in your account? It may be frustrating, especially if you don’t have a clear understanding of why this is happening. We’re here to help you understand why your check may have a hold and what you can expect.

Buying a home is one of the largest purchases you’ll make. While getting a mortgage and making your home purchase, you may find there are a lot of terms and phrases that are being used. We want to help you feel confident and understand these terms as you make decisions about your home and mortgage.

Love is in the air, but it seems it may come at a steep price. According to the National Retail Federation, the average American spends $221.34 on Valentine’s Day each year. That’s a lot of money to spend on a one-day celebration!

The Paycheck Protection Program (PPP) has been a welcome relief for small businesses struggling to stay afloat while also keeping their employees’ incomes flowing during the coronavirus pandemic.

The second wave of stimulus checks only started hitting checking accounts a few weeks ago, and the BBB and the FTC are already warning of related scams.

Everyone knows how important it is to regularly put money into savings, but research shows that 25% of Americans have no emergency savings at all.

What is an interest rate?

Let’s start first with the basics of understanding what an interest rate is. The interest rate is the rate at which a lender will charge for you to borrow the funds from them. This rate is a percentage of the loan amount, so the amount you pay in interest will be based off the principal balance of the loan.

Are you considering getting another credit card? There are many reasons why this may sound like an appealing idea. Depending on your situation, it might be the perfect time or it may be better to wait a bit.

If you’re thinking about opening a new checking account, you might have some questions. We’re here to help you understand when and how a checking account can affect your credit score and how to make sure that impact is a positive one.

January is prime time to get into shape.

We’ve all been there. Maybe it’s that I-gotta-have-it urge that overtakes us when we see a pair of designer jeans. Maybe it’s that shrug as we reach for the $6 cup of overrated coffee that says “I deserve this.” Or maybe it’s that helpless feeling as the end of the month draws near and we realize we’ve outspent our budget — again.

Getting a credit card can be a great way to build your credit score. However, you may also have heard stories of people ending up in credit card debt with exorbitant interest rates! This might make you nervous about embarking on the journey of signing up for a credit card.

After eight months of negotiations, the Senate has finally passed a bipartisan deal on a new coronavirus stimulus plan. The $900 billion economic relief package will deliver emergency aid to a trampled economy and provide struggling Americans with desperately needed funds.

Credit plays an essential role in how we live, work, and play in the 21st century. Few of us can buy a car or a home with cash, yet both are necessities if we want to travel to and from a job or have a warm place to de-stress at the end of the day. Credit lets us do both. And most of us need a major credit card to purchase services such as internet connection or cable TV.

Q: With 2020 drawing to a close, I’d love to give myself an end-of-year financial review before it goes. Where do I begin?

Are you trying to decide what’s better, checking vs. savings account? Ideally, you should have both. When used responsibly and customized to fit your specific needs, checking and savings complement each other. Combined, they make it much easier to manage your financial health. Here’s why.

As we sail into the new year, many Americans are struggling with the aftershocks of financial disaster. Whether it’s due to a layoff, a smaller workload, medical expenses or a change in family circumstances, the financial fallout of COVID-19 has been devastating for people in every sector of the economy.

Why fumble for your wallet at checkout when you can just pay by using your phone?

He’s making his list and checking it twice. Unfortunately, though, the scammers making the list aren’t being so nice.

‘Tis the season to be jolly, but many of us may be feeling grinchy this year. With the pandemic still a looming threat to our health and happiness, the economy still a hot mess, and so many of our favorite seasonal activities canceled, getting into the holiday spirit can be challenging.

It’s baaaack! The “Secret Sister” holiday gift scam has reared its crooked head again, just in time for the holidays.

Nothing is more heartwarming than seeing your loved ones’ faces light up when they open that perfect gift.

Have you ever received a pre-qualified credit card offer in the mail? If you’re looking for a new credit card, the offers may be helpful, otherwise they might be annoying. But do you know why you’re receiving them? We’ve got the info about why you’re receiving these offers and how to either utilize the offers or opt out of receiving them.

Home financing can help you purchase your dream home, but did you know that you can also use home financing to free up funds? Depending on what you’re looking for, a mortgage or a home equity line of credit can be a great fit for your financial needs.

Shopping for a new car can feel overwhelming, especially if this is your first time buying a car. You may have already spent time researching cars and know a little bit more about what you’re looking for, so it’s time to start exploring how you’ll finance your car purchase. We’re here to help you learn more about auto loans and help you through the process.

Discussing and managing finances can be stressful in any relationship. Fortunately, there are some tools that can minimize the stress of those discussions and help each party set healthy boundaries and guidelines for money management. A joint checking account can be one of those great tools!

Black Friday has gotten a bad rep in recent years.

It’s turkey season! But this year, due to the COVID-19 environment we’re experiencing, the holiday festivities will look a bit different than before. With some precautionary measures and careful planning, though, you can celebrate Thanksgiving in the era of the coronavirus without compromising on your health or safety. Here’s how:

Taking on debt can be an inevitable step for many businesses. A loan or a line of credit can provide a business with the cash it needs to expand or fund a new venture.

With the pandemic still wreaking havoc on the economy, many people are struggling to pay their monthly bills and meet their debt payments. Unfortunately, scammers are exploiting the financial downturn by tricking unsuspecting victims into paying for debts that don’t actually exist, or by using abusive tactics to collect legitimate debts.

When to Refinance:

If you’re feeling stuck in your car loan, it could be for a variety of reasons and we're here to help! Before refinancing your car loan, it’s important to make sure that it will be beneficial for you. There are several factors that can make or break your decision, so now is the time to review and compare to see if refinancing can save you money or improve your terms. Here are some of the reasons that you may want to refinance:

Election fever is now at an all-time high — and so are election scams. From schemes that steal your vote to ones promising dream (albeit, bogus) vacations in exchange for participation in a poll or survey, there’s no shortage of scams centering on elections.

Uh oh — you’ve been hacked! Finding out someone has cracked open your accounts and helped themselves to your information can be alarming, but there are ways to mitigate the damage while jump-starting your recovery process.

Everyone loves a surprise package, and scammers are taking the excitement out of that experience by using bogus packages as a cover for a nefarious scam that tricks victims into sharing their personal information — and their money.

Application Questions

How do I apply for an auto loan?
Applying for an auto loan is easy! You can apply at your local Wasatch Peaks branch, give us a call at 801-627-8700 or even apply online by clicking here.

Has it been your dream to live in a home of your own? We’re here to walk you through the basics of a mortgage loan and to show you how to make your home dreams a reality!

Are you ready to stretch those financial fitness muscles? We hope so, because it’s time to get financially fit!

Your credit score is made up of three numbers, serving as an indicator of your financial history, wellness and responsibility. These three little numbers can spell the difference between approval and rejection for a mortgage, a job, a rental unit and so much more.

Things are falling into place, and after months of researching your options, polishing your resume and sitting through awkward interviews, you think you may have found your dream job.

Unless you’ve been living in a bunker for the last several months, you’ve likely caught the term “recession” thrown around on the news more than once. Hearing this word being used to describe the state of the U.S. economy can trigger a range of reactions from mild anxiety to a full-blown stuffing money under the mattress panic.

Each year, the IRS publishes the “Dirty Dozen,” a list of tax scams most prevalent during that year’s tax season. This year, with COVID-19 pushing off the federal tax deadline to July 15, the IRS held off publishing the list until early July, and of course it’s loaded with COVID-19-related scams.

It’s no secret that the IRS excels at making things complicated. And when you’re busy learning the ropes of a new job, trying to fill out a 4-page W-4 form can be a huge hassle. It’s not a good idea to rush through it, though, because a small mistake now can mean withholding too much or too little of your salary for covering your taxes. There have also been several recent changes to the W-4, so you may need to make some adjustments to your current form on file.

Back-to-school season means a flurry of shopping — and a flurry of scams. Scammers know that students and their parents are caught up in a frenzy of preparations and errands and are, therefore, more likely to fall victim to schemes. As you get ready for school, look out for these scams targeting college students and parents of private school students that tend to peak before the start of the school year.

Q: I’d love to improve my credit score, but I can’t get ahead of my monthly payments. I also find that my spending gets out of control when I’m paying with plastic. How do I use my credit cards responsibly?