Skyla Credit Union Blog

Ever wanted to buy that must-have item or experience—like a concert ticket, a weekend getaway, or even a new phone—without immediately feeling the pinch on your wallet? Buy Now, Pay Later (BNPL) might seem like the perfect solution. It allows you to make purchases and spread the payments over time, which can help ease that upfront cost. But before you dive in, let's explore what BNPL is, how it works, and whether it's really the best choice for your financial situation.

Did you know refinancing your auto loan could save you hundreds, if not thousands, of dollars over time? Imagine having an extra $50 - $100 in your pocket every month—sounds pretty great, right? Refinancing is one way to make that happen, but what exactly is it, and how does it work?

Refinancing your auto loan can be a smart way to save money, but timing is everything. Whether you're looking to lower your monthly payments or secure a better interest rate, knowing when to refinance is key. So, how do you know when the time is right? Let’s break it down so you can make the most informed decision.

In today's digital world, protecting your personal information is more crucial than ever. With recent news highlighting a massive data breach involving Social Security numbers, it's clear that staying safe online is something everyone needs to take seriously.

Imagine finding out that your personal information is floating around the dark web. It’s a terrifying thought, like leaving your front door wide open for anyone to walk in.

If you’re looking for purchasing power, a credit card is a great option. However, getting that cash flow isn’t guaranteed and you need to apply through a lender first.

In today's digital age, scams are a constant threat, preying on unsuspecting individuals year-round, not just during the holiday season. Whether you're shopping online, receiving unexpected emails, or considering a charitable donation, it's crucial to stay informed and cautious.

Let's be honest... no matter how well you plan and prep for emergency savings, the truth of the matter is something unexpected and un-budgeted is going to happen. Unfortunately, these big curveballs life throws at you aren’t typically cheap enough that skipping a subscription payment like Netflix will put your budget back on track.

Be honest - how many times have you been in this situation: You take the time to sit down and really hammer out your budget. You know how much money should be going towards groceries and eating out, you’re set up to save a little more each month, and you feel good about your new system.