Online quizzes sure seem like innocent fun. But before you take that next personality test, quick survey or “find out what type of BLANK you are” quiz, ask yourself: Do I know who’s gathering this information about me – and what do they plan to do with it? The more information you share on these…
So you know you want to buy a house, but you’re not sure what your first step should be. Your home most likely will be the biggest purchase you make in your lifetime, and the process of buying and qualifying for a mortgage can be daunting. But just what exactly is a mortgage? Mortgage loans…
If you’re in the market for a home, the first thing you should do before you start shopping is to find a mortgage lender. Your mortgage lender will help guide you through the process and will look out for your best interests. Your lender will want to evaluate your credit, and you should be evaluating…
Whether you own a home and are looking to buy land, or if you want to buy land on which to build your dream home, the process is vastly different – and often more difficult – than buying an existing home. Do your research when buying land. Every piece of land is zoned for a…
It’s common knowledge that your home generally is the most important purchase you’ll make in your lifetime. That’s why who you choose as your mortgage loan originator is just as important as which home you choose. Your MLO will help guide you through the process and will look out for your best interests. They’ll help…
In today’s technological climate, manually balancing your checkbook with pen (or pencil) and your register likely has gone the way of the dodo bird. But, knowing exactly what comes out and goes into your checking account not only is one of the best ways to combat fraud, it can give you a true idea of…
Holiday shopping season is here, which means more spending – and more fraud. It’s no coincidence that the busiest season for shopping coincides with the highest period for fraud. Every day, fraudsters target consumers with an array of legitimate seeming propositions. But during the holidays, fraudsters make extra efforts to trick and defraud consumers. Every…
Whenever you take out a loan, you’ll almost always end up paying more back than you borrowed. In almost every case, it will cost you less to pay off your loan faster, making a payment each month that is more than the amount due. If you’ve been paying on a loan for awhile and it’s…
If you’re in the market for a loan, one tactic some unscrupulous lenders use is what’s called “yo-yo financing.” A yo-yo financing scam happens when a borrower agrees to a loan and signs a contract. But after the contract is signed, a few days or weeks later, the lender will call you and say that…
There are so many types of fraud, it’s hard to keep up with them all. That’s why it’s important to stay vigilant at all times to protect yourself from scammers. Fraudsters know the more that people become aware of their scams, the less likely they are to work. So they are constantly adapting their techniques….
Paying off your auto loan early can have some big benefits – but is it right for you? The answer to that question depends on many factors, including the interest rate and terms of your loan, your financial goals, your other debt obligations and your budget. First, you should check to see if your loan…
Do you think owning a home is out of reach because of student loans? Have you explored a mortgage in the past only to be denied because of student loan debt? The Federal Housing Administration made a change recently that has made it easier for those with student loans to qualify for an FHA loan….
If you receive a call or text from RCB Bank requesting information of any kind, hang up and call your local branch or a verified RCB Bank phone number.