Auto Loans 101

Certainly, everyone will take different paths in life.  But chances are every one of us will experience purchasing a vehicle at one time or another.  Whether it’s brand new or just new to you, buying a car can be an intimidating process.  The WWFCU Financial Gurus are here to help guide you through the financing

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How To Understand Interest on Your New Loan

When you obtain a new loan, there are many things to consider. Can you afford the monthly payment? How long will it take to pay off the loan? One key factor in answering both questions is determining what your interest rate will be. The interest rate accounts for the full finance charges, or in simple

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What is a Certified Credit Union Financial Counselor (CCUFC)?

A Certified Credit Union Financial Counselor is a credit union professional certified by the Credit Union National Association (CUNA). Not only are these CCUFC’s available to provide financial education, but they can also help with methods to increase your credit and ways to efficiently pay down debts. They are skilled in constructing budget plans, finding

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Credit Union vs. Bank What’s The Difference?

As WWFCU continues to celebrate its 70th anniversary and we reflect over the years, one question that we always seem to hear is “what is the difference between a credit union versus a bank? Why should I want to do business with a credit union over a bank?” If you yourself have ever wondered this

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Impulse Applying?

We’ve all been there, at a store getting ready to check out when the cashier asks, “Would you like to save 20% on your purchase today by applying for our in-store credit card?” Before you answer that question, here are a few vital things to ask yourself before applying for a credit card. Do I NEED

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Estate Planning

End of life planning is one of those things that we all tend to put off. No one enjoys thinking about what will happen once they pass away or how they would like their estate handled. Having this difficult conversation with your loved ones is critical in expressing your wishes and how things are to be taken

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The Fair Credit Reporting Act (FCRA)

This year, Wayne Westland Federal Credit Union is proud to be celebrating 70 years of serving our community and building relationships with each of our members. Without you, we could not have made it to this incredible milestone. Over the past 70 years, our industry has undoubtedly seen many improvements made and regulations put into

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How to Keep Your Cards Safe in the Digital Age

Technology has made huge advancements in the last few decades. While these improvements are exciting, they also bring new challenges and security risks. With increased cell phone usage, social media, and online shopping, fraudsters are finding more and more ways to steal our information. And as if that wasn’t enough, Artificial Intelligence (AI) has now

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So, You’re Ready to Buy a Car

  Purchasing a car is a huge financial decision with more things to consider than just what color to get. Whether you are buying your first car, a used car, or the shiny new sports car of your dreams, there is a lot to think about. What will the payment be?  The Financial Gurus have

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It’s Tax Season

Benjamin Franklin said it best when he proclaimed, “in this world, nothing is certain except death and taxes”. While there is something to be said about paying your fair share, not much takes the sting out of paying taxes. A study by the Pew Research Center in Washington, DC shows that 56% of  Americans have

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