Personalized & Confidential Financial Information
California Coast Credit Union’s new virtual no-cost Financial Wellness Center is a one-stop shop where students, faculty and staff can go for financial information and education on topics ranging from budgeting and credit scores to financing a car or even saving for retirement, and much more.
Are You an Emotional Spender?
After a bad day, it can feel good to go out and treat yourself. Whether that’s buying yourself a new pair of shoes, a nice meal at a restaurant, or a day at the spa, this type of occasional spending can help a person cope with the stresses of everyday life. Though this can be beneficial when done in moderation, there are times when many of us end up relying on these purchases to brighten our moods—a problem typically known as "emotional spending."
To help you better understand what this type of behavior is, we’ve answered some of the most important questions one might have about emotional spending, who it affects, and how anyone can work towards breaking the habit. Click here to read more!
The Effects of Inflation on Consumers
When most people think about inflation, they see higher food and gas prices. That’s certainly a big part of it because you can feel it in real-time in your pocketbook. However, there’s much more to inflation and the way it affects our everyday lives. Understanding inflation’s broader impact can be key to making the right decisions regarding your personal finances. Click here to read more!
The Different Types of ID Theft Around the World
Identity theft is one of the most challenging things anyone can experience. You can lose control of your money, people's faith in you, and sometimes even your physical property like your home or vehicle. Unfortunately, it’s common for people all across the globe to experience some form of identity theft in their lifetime, and although this sounds like a lot—not all identity theft is created equally.
The following types of identity theft affect people from every country and every social group. Since anyone stands the risk of being a victim of identity theft, it’s important to be aware of the different types of scams out there today. Click here to read more!
Everything You Need to Know About Banking
If you have some money coming in, finding a secure place to keep it until you’re ready to use it is a good idea. Keeping cash in your wallet or around the house puts it at risk of getting lost, stolen, or damaged. While it might feel risky to hand over your hard-earned money, your funds are safe. Financial institutions are regulated and insured, keeping your money protected. If you’re struggling to meet your financial goals, a relationship with a bank or a credit union can help you get there. They offer helpful products and services and are staffed with financial professionals who can provide guidance and direct you toward the tools you need for success. Click here to read more!
How to Reduce Student Loan Payments in Times of Crisis
In times of crisis, many people have problems paying their expenses, including their monthly student loan payments. So, what are your options if you need help?
Despite what your circumstance might be, it is always important to contact your loan servicer for any changes or questions you may have on your student loans. Your servicer is there to help you and inform you on what the best option is for your specific situation. They will supply you with the proper paperwork you need to fill out and help you determine what repayment options are available.
Before you explore your options, you should know if you have a federal student loan obtained through the U.S. Department of Education or a student loan from a private lender... Click here to read more!
Financial Aid Resources for International Students
Statistics show that if you’re an international student, there’s a good chance that the predominant way you’re funding your education in the United States is through your family. According to the 2017 Open Door Report, 82% of funding for undergraduate international students and 61% of funding for graduate international students came from personal and family finances.1
But there are other ways!...Click here to read more!