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Using the equity in your home to pay off unsecured debt and/or make home improvements can be a hard financial decision. Low annual percentage rates, tax-deductible interest, and streamlining your monthly payment makes second mortgages extremely attractive. Meanwhile, using your home for collateral is a decision that should be weighed carefully.

Get a fresh start by paying old debt!  Learn some simple things you can do to help make that fresh start possible and get one step closer to financial freedom!

Once you have determined how much you would like to spend on your next car, a recommended next step is to decide between buying new, buying used or leasing. Knowing a few of the positives and negatives of each will help you to decide what will be best for you.

Four Tips to Take Control of Medical Debt.  Avoid that Ominous Rain Cloud.

Learn budgeting strategies and tactics to avoid that year-end credit card crunch and sidestep debt traps in the future.

Imagine it’s January. You’re taking down holiday decorations, wondering what the new year will bring, and then it hits you, an overwhelming sense of dread as you think about the looming credit card debt from your holiday spending. If this is an all-too-real scenario for you, here are a few tips on how to make it through the season of spending without incurring a load of holiday ...

One of the first steps toward real freedom (and adulthood) is having a checking and savings account in your own name. These accounts allow you to save money, make purchases, and pay bills efficiently. Both, however, require you to take an active management role, so that you can achieve your goals and avoid errors.

Because of the high cost of most real estate, very few people can purchase a home with savings alone. Therefore, if you are like the vast majority of people, you will be borrowing money from a financial institution to purchase the property you want. Called mortgages, these loan products can be quite complicated. Knowing the basics of how mortgages work can help guide you to the loan that is most appropriate for you.

Gone are the days of opening and closing accounts when you want your checking account to start earning an interest. Or upon turning 50, closing your account and opening a new one that offers senior benefits. What a waste of time!

If you're planning to refinance to pay your home loan off earlier or wanting to pay down your loan faster than a conventional loan, then our Liberty Loan is something you should highly consider.

Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the aviation industry, Piedmont Advantage Credit Union (PACU) serves member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham.

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