Author: Meredith Olmstead

When a borrower wants to refinance car loan terms and payments, the process involves applying for a new car loan to pay off the existing one. Most automobile loans are secured with the vehicle serving as collateral and the borrower making fixed payments over several years. According to the online au...

Americans today exist in precarious financial situations. CNBC Money reports that 49% of Americans live paycheck-to-paycheck, meaning they spend every dime of their monthly income with little left for saving. In fact, Americans save so little that 61% of us have not saved enough ...

It’s disheartening to come to terms with the fact that everyday people must self-exercise identity theft protection from nefarious characters. The days of only remaining vigilant about not losing your checkbook, wallet, purse, or credit cards are just the tip of the iceberg. Today, we all carry th...

Each year the number of consumers who have been the victim of stolen identity from a web scam rises. Currently, over a billion consumers have experienced identity theft online that has wreaked havoc on their personal finances and lives. It can be a true nightmare to fix the issues that occur when yo...

What do you think about when you think about Boston?  If you’re like most people, you think ‘history’ when you think about Boston. Who can forget learning in school about Paul Revere riding by horseback in 1775 to tell people in colonial Massachusetts that the British Army was approaching in ...

According to Debt.org, credit-card-carrying American households owe $15,000 on average in credit card debt alone, and the Federal Reserve Bank estimates Americans will exceed the nation’s record high ($12.68 trillion) in total debt which peaked during the 2008 recession. With high interest ...

Going green is a good goal, not only for your carbon footprint but also for your budget. Green living allows you to lower your energy bills and put more money back in your pocket. Thankfully, there are many ways you can make your home more energy-efficient, including both big and little ways, so you...

Managing your money isn’t as simple as it sounds.  With more and more financial services being offered online, many of us no longer balance a checkbook or know our bank account balance.  Tracking expenses to stay on a budget seems more difficult.  Fortunately, there are apps to ...

Whether you consider yourself a spender or a penny-pincher, the holidays present many challenges when it comes to staying on a budget and meeting long-term financial goals. The problem is that there are so many additional opportunities for spending during the holidays. In addition to purchasing...

Spending joyful holidays with friends and family requires heightened precautions this year. Given that our community members travel either across town to the homes of loved ones or out of state for extended visits, we are all tasked with taking precautionary measures. Until COVID is defeated, we are...