Secured and unsecured loans are the most common types of loans the average person will use throughout their life. But do you know the differences? Understanding how these two types of loans work will help you better understand your own financial portfolio. Secured Loans A secured loan is one protected by an asset, used as

Wayne Westland Federal Credit Union is always looking for new ways to make our members’ lives easier. That’s why we’re excited to announce that our MasterCard Debit Card is now available on Apple Pay! Here are the perks of Apple Pay: It’s accepted at millions of stores, restaurants and online retailers Payments are secure and

Gone is the dream of twilight years spent on the golf course and keeping an immaculate lawn. And at the same time, gone is the guarantee of Social Security and dependable pension plans. Contributing to this shift in the retirement landscape is the desire of twenty- and thirty-year-olds to be involved and serve a purpose

Automation helps any process or action run smoother and helps remove room for error—like forgetting or making an excuse to not do something or do it differently. And it’s no different for growing your saving account or investment portfolio. There are dozens of budgeting and financial management apps out there, but Acorns stands out in that it

To better serve its community, Wayne Westland Federal Credit Union (WWFCU) has expanded its field of membership to include all of Wayne County. The WWFCU Board approved the field of membership expansion in July 2017, it was later approved by the National Credit Union Administration (NCUA). That means if someone you know lives, works, worships,

WWFCU is always looking for ways to improve our services and help make our members’ lives easier. With that in mind, we’re very proud to announce that we’ll be launching a new, user-friendly and state-of-the-art online banking platform. The new online banking system goes live on Monday, March 26. But don’t worry, you’ll have the

Most people aspire to become financially independent, but few actually think about or take the actions necessary to reach independence. Financial independence means having sufficient financial resources to comfortably choose whether to work or not work, or perhaps work in a highly desirable job that otherwise couldn’t support your standard of living. It means being

Should you lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you. LINK TO HANDY LEASE VS. BUY CALCULATOR Lease vs. Buy Definitions Purchase price Total purchase price. Price should

Whether you’re moving for a job or just because you’re looking for a change, starting a new life in the city is always exciting. However, if you’ve lived in rural or suburban towns your whole life, the hustle and bustle of a city can certainly cause a bit of culture shock. Additionally, if you’ve lived

Everyone knows that college tuition and fees are high-cost items, but what about the many other expenses associated with higher education? Parents of freshmen are often very surprised by the price of books, travel, dorm accessories and other college necessities. The Michigan Association of CPAs offers six tips on how to save on these and