As a member of DoverPhila Federal Credit Union, you have several options for funding a home renovation. You can open a HELOC, or a Home Equity Line of Credit, which is an open credit line that’s secured by your home’s value for up to 10 years. You can also fund your renovations with an unsecured
The uncertainty surrounding COVID-19 has given scammers a prime opportunity to take advantage of people. Below are some scams to be aware of during this crisis. FAKE STIMULUS CHECKSScammers are calling and pretending to process stimulus checks (also called Economic Impact Payments) to get personal information, such as Social Security numbers, banking information, or credit
As more Americans seek financial guidance and more credit unions begin to offer services like financial counseling, it’s essential to consider initiatives that also educate young members. If parents have trouble managing money, you can imagine that it’s going to be even more challenging for them to have conversations about money with their kids. DoverPhila
DoverPhila Federal Credit Union is partnering with the United Way of Tuscarawas County to provide funds during the coronavirus (COVID-19) crisis. On Thursday, March 26, the credit union’s Board of Directors approved a $25,000 donation to fund United Way’s COVID-19 community-response fund. The fund will be used to help residents of Tuscarawas County with various
We recognize the trust you place in us and the important role we have in your financial life. Keeping a close eye on the developments both nationally and locally related to the COVID-19 epidemic, we understand this is a difficult time for everyone in our community. Let me first assure you, DoverPhila will not close
DoverPhila is monitoring the guidance of the Centers for Disease Control and Prevention (CDC) as well as other public health announcements with respect to COVID-19 (coronavirus). As this is an evolving situation, adjustments will be made as new or revised guidance is provided by public health authorities. Our branches remain open with normal business hours,
Putting your financial affairs in order is overwhelming! It’s very wise and helpful to create an advance plan for the distribution of your assets upon your death. This will create a protocol and ensure your preferences are carried out in the event of a medical catastrophe. Fortunately, this is not as overwhelming as it seems.
As a financially responsible individual, you should be checking your credit on a regular basis. If all goes well, your credit card statements and report hold no surprises. Sometimes, though, you may find a mistake. When this happens, you’ll need to officially dispute the error to fix your score. Credit Report Mistakes Most credit report
It’s easy to go overboard for Christmas. Giving extravagant gifts to your family members seems like a great idea … until you’re facing a huge credit card bill in January. However, it happened, approach this problem rationally. Blaming yourself is pointless; the important thing now is to right yourself financially. Fortunately, you’re not facing this
Following another very successful year at DoverPhila Federal Credit Union, the credit union was able to give back a $1.5 million year-end bonus dividend to its members. This marks the 25th consecutive year that DoverPhila returns earnings back to its members. The credit union is a community-focused, financial cooperative controlled by its members making it
Scammers always try to con victims out of their information and money. They also tend to prey on the most susceptible victims, including those who are down on their luck or are exceptionally naïve and trusting. DoverPhila Federal Credit Union’s biggest priority is your financial wellness, and that includes keeping you and your money safe.
‘Tis the season to be merry-except sometimes, it’s not. If you tend to feel stressed when the holidays roll around, here are eight tips to help turn that frown upside down. 1. Watch the buck Nothing kills the holiday cheer like a mountain of debt. Stick to a budget when doing your holiday shopping and
DoverPhila Federal Credit Union’s Holiday Skip-A-Pay has started and runs until the end of January 2020. You might qualify for this opportunity if you have made at least twelve full monthly payments on your loan, you have not exceeded the maximum skips allowed, and your account is in good standing. Holiday Sip-A-Pay allowance is determined
It’s the bargain-hunter’s favorite season-or is it? Before you brave the crowds Black Friday, take a few minutes to read through our list of what to buy and what to skip so you come home only with true bargains. Skip: Large Home AppliancesWhile you may find markdowns on large household appliances, like dishwashers and refrigerators,
‘Tis the season to shop until you drop – or until you go broke. But you don’t have to overspend. There’s no need to rack up a huge credit card bill or go into debt just to cover your holiday expenses. Enjoy a stress-free season by keeping your spending in check with these six tips:
Thanksgiving means giving thanks for all the good in our lives. It also means stuffed turkey and gravy, cranberry sauce, pie and mashed potatoes. It’s a time-honored tradition of spending time enjoying a delectable holiday meal while in the company of those we love. It can also mean spending an awful lot of money. Between
Payday loan scams may seem like old news, but they’re more common than ever. In these scams, a “representative” of a collection agency who claims to be acting on behalf of a loan company tells victims they must pay their outstanding balance on a payday loan. Unfortunately, the caller is a scammer trying to rip
People starting out in their careers often focus on the here and now while ignoring the future when it comes to finances. As you climb the ladder of success, you tend to think that the raises and promotions will endlessly continue. It can seem like you have forever to plan for the future. As millions
Q: I’m trying to increase my credit score ahead of applying for a large loan, so I’m considering signing up for Credit Karma to track my score. How accurate are the credit scores it shares? Is there anything I need to be aware of before signing up for this service? A: Credit Karma is a legitimate company;
Although you may feel that you have your spending habits under control, people do tend to spend for emotional reasons. Some people spend to feel better, to get rid of a feeling of loneliness, or to forget about whatever it is that’s bothering them. Alternatively, some people like to spend money when they feel good
