Hanscom Federal Credit Union Blog

How to Avoid Breaking the Bank on Black Friday

Posted by Bill Burpeau on Nov 19, 2014 12:00:00 PM

Thanksgiving is marked by consumption. While helping yourself to that third serving of your aunt’s mashed potatoes may lead to little more than a stomach ache, spending too much on Black Friday sales the next day could really rattle your finances. Here’s a look at how to avoid succumbing to the many temptations you’ll face over the next few weeks.

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Take Advantage of Shared Branching This Holiday Season

Posted by Bill Burpeau on Nov 17, 2014 10:54:00 AM

I want to start by clearing up a big misconception. Despite popular belief, credit unions have just as many branches as the biggest banks. It’s true.

And it’s all thanks to Shared Branching. More than 3500 credit unions from all over the country participate, so there are branches everywhere. All you need to do is look for this symbol at a participating credit union.

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Topics: Money Management

Happy Veterans Day

Posted by MaryJo Kurtz on Nov 10, 2014 4:46:00 PM

To the veterans on our Hanscom Federal Credit Union staff, to our member veterans, and to all American veterans throughout the world, thank you for your service. Happy Veterans Day.

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Topics: Holidays

Negotiating a Lease in Six Easy Steps

Posted by Bill Burpeau on Oct 28, 2014 7:06:00 AM

Meet Tom. He lives in Boston and rides the T to work - he can walk or ride his bike almost anywhere else he needs to go. He’s just been offered a great job opportunity - a 2-year placement outside the city - and he’s going to need a car. Since it’s temporary, leasing a car makes the most financial sense.

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Topics: Autos

Leasing Fees for Dummies - Understanding Your Lease Agreement

Posted by Bill Burpeau on Oct 20, 2014 5:00:00 PM

When I get a new car, I’m usually so excited about it that I don’t pay much attention to the rather boring and overwhelming financial details of the deal. I’d much rather think about the fancy GPS system, the heated seats (score!) and the beautiful interior than the interest rate, doc fees and destination charges.

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Topics: Autos

Plan now for the “Big Five” holiday expenses

Posted by Bill Burpeau on Oct 17, 2014 9:36:00 AM

Americans plan to up their holiday spending this year. That’s according to a new survey from the National Retail Federation (NRF). Considering that three of the four most expensive holidays of the year arrive in the next two months, a few extra bills at the end of the year might take the happy out of the new year — unless you have a plan.

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Topics: Money Management

Learn Something New Every Day - You Can Lease a Used Car

Posted by Bill Burpeau on Oct 13, 2014 1:27:00 PM

I just learned something the other day. I’m in the process of getting a new car so I was going over my finances, trying to decide whether I should buy a new or used car (I have my eye on a Ford Fusion!) or lease one. Then a friend told me I could lease a used car. Who knew?

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Topics: Autos

Is it Better to Lease or Buy a Car?

Posted by Bill Burpeau on Oct 6, 2014 4:30:00 PM

I’m sure you’ve heard the stories. The one from your work buddy who leased a car and had to write a ginormous check at the end of the lease for going over the mileage? Or how about your sister who lost her job, couldn’t get out of her lease and badly damaged her credit score? On a happier note, there’s the one about your next door neighbor who, because he leases all the time, always has the coolest car on the block. And his car never spends any time in the shop.

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Topics: Autos

What upfront business fees can a landlord charge?

Posted by Bill Burpeau on Oct 1, 2014 4:30:00 PM

By Phil Purcell
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Topics: Small Business

Four steps to help rebuild credit using your credit card.

Posted by Bill Burpeau on Sep 29, 2014 4:00:00 PM

All too often, credit cards are to blame for a bad credit score. Obviously it’s not the card’s fault, but the user who mishandles it. Missed or late payments, years of making only minimum payments and huge bills can cause your credit score to go down considerably.

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Topics: Credit Matters


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