Auto dealers are expected to sell cars that meet certain consumer protection criteria. This may include providing a warranty that will cover the buyer’s costs if a car turns out to be a lemon. Unfortunately, some unethical dealers may attempt to bypass these laws by curbstoning. Curbstoning is when a dealer poses as a private seller to sell a car. By curbstoning, an unethical dealer can avoid having to comply with the regulations that apply to dealers. To a buyer, this could mean buying a car that has a salvaged title (a car that’s been declared a total loss by an insurance company). It could also mean unknowingly buying a car that has been in a flood and suffered severe water damage.
EmailsStart by checking the sender’s email address; legitimate organizations use official domain names, so be cautious if it appears unusual or contains misspellings. Pay attention to the email’s tone and grammar; scammers often use urgency, fear, or overly formal language to exploit recipients. Be careful with unexpected attachments as they may contain malware. Never send personal or financial information in an email and keep your anti-virus software and operating system up to date.
As the holiday season approaches, it’s a time of joy, celebration, and unfortunately, an uptick in various scams aiming to take advantage of your festive spirit. Kohler Credit Union is committed to ensuring you remain safe and secure by sharing valuable insights on how to safeguard yourself from scams.
A Guide to Saving Money Effectively: Budgeting is a powerful tool that empowers you to take control of your finances and save money. When done right, budgeting can help you allocate your income wisely, minimize unnecessary expenses, and work towards achieving your financial goals. Here's a step-by-step guide to budgeting properly and maximizing your savings:
It’s scary to find yourself in a situation where you can’t afford your monthly debt payments. Whether that’s due to a sudden life change, like a job loss or illness, or if you’ve simply found yourself unable to keep up, there are steps you can take.
As logical as it might seem to look for the perfect stock, bond, or mutual fund and make it your investment of choice, that’s not the best approach to meeting your financial goals. No single investment, or type of investments, provides a strong return year in and year out.
They say there’s no place like home, but does that mean you have to purchase one to get the benefits? Just like everything else, buying a home has its pros and cons.
Cyberbullying, cyberstalking, and internet scams are on the rise—how can we help kids navigate the internet safely?
Refinancing can be beneficial if everything lines up in your favor. What can you get out of it? The list is long and exciting for someone stuck with loan payments that they aren’t happy with.
Transitioning to retirement takes planning and preparation. But if you're wise, you can set yourself up for success.
When it comes to talking with a spouse or partner about money, many people shy away. It can be scary—but it doesn’t have to be. Positive and frequent communication is key.
Whether you need some more space, are ready to downsize into something a bit more manageable, or are relocating to a new place, you should prepare for the emotional and financial impacts of selling your home.
Home Insurance is absolutely essential to protect what is likely your largest investment: your home.
A budget is a plan for how you’ll spend your money. To create one, you divide your income (the money you get) into your expenses (the things you buy).
Applying for a mortgage is a big endeavor. Most lenders require you to complete a mortgage application—a comprehensive financial statement.