Blog

Money talks.

Our blog is written by experts — who also happen to be real people who have experienced the same financial concerns you have. Read on for real talk about real finances.

Want a Stress-free Holiday Season? Consider a Personal Loan

Lively family gatherings, sumptuous food, sparkly events, and piles of colorful presents: These are the images that suffuse the holiday season, but behind all that warmth and good cheer can be plenty of stress, especially when it comes to holiday-related finances. Thankfully, there’s a way to get control of seasonal spending without giving everyone socks and toothbrushes this year. Cobalt CU�... Continue Reading »

Credit Repair: How to boost your score and get back on track

You’ve aced the interview for your dream job, and now the head of HR is calling. Confident and excited, you’re ready to accept the offer, but she has crushing news: You’re being turned down because of your low credit score. Being denied a car loan, mortgage or even a job because of a low credit score can be distressing. Here’s how to reverse a low rating and get back on track. Kn... Continue Reading »

Top Tips for Saving Money This Fall

Fall is a time for new beginnings. From the new school year to busy pre-holiday planning, it’s a time to revisit your personal goals before the year ends. It’s also a time to reevaluate your finances so you can adjust your savings habits as needed. Here are some of our top tips for saving money this fall. “Money Management Tips for Couples” Money management isn’t always an easy conve... Continue Reading »

Credit Union vs Bank: The major differences

If you’re thinking about switching from a bank to a credit union, you may be worried that the transition will be difficult or confusing. That’s normal! But the good news is most people find the change largely positive as they get acquainted with all the personal services offered by a credit union vs a bank. The first difference you should be aware of (and happy about) is that credit unions... Continue Reading »

Worth Celebrating: International Credit Union Day

Celebrated on the third Thursday of October since 1948, International Credit Union (ICU) Day® was designed to boost awareness of the member benefits of credit unions and highlight their impact on local communities. There are more than 57,000 credit unions in the world, serving nearly 208 million people in 103 countries, and all are working to improve the lives of members through financial ed... Continue Reading »

Debt Management: Breaking Bad Financial Habits

Being in debt can be a heavy burden to bear. Not only does it affect your wallet, but it can also have consequences for your emotional and physical health and more. But there is a light at the end of the tunnel: The biggest secret to getting and staying out of debt is changing your mindset about money. Here we explore the psychology of bad financial habits and offer tips for breaking them, to h... Continue Reading »

Diapers to dorm rooms: Teaching kids about money

In many families, money was once a taboo subject. Kids grew up with a vague idea that their parents made enough to support the household, but it wasn’t until they had their own jobs that they began to understand how finances work. These days, kids have the opportunity to learn about money much earlier, thanks to youth savings accounts, college savings funds, and open conversations about budg... Continue Reading »

Funding your future: how student loans work

A college degree can come with a hefty price tag. Whether you’re paying for a child’s education or your own, it’s likely you’ll need to take out a loan or two. Read on to learn how student loans work before you start applying. Financial aid office Your first step, whether you need a loan or not, is to reach out to the financial aid office at your preferred school. “I recommend cont... Continue Reading »

What is a personal loan? Our Q&A has answers

When it comes to loans, most are easily defined by their names: home loan, car loan, or business loan, for example. But what is a personal loan? A personal loan allows you to borrow a lump sum of cash, which can be used for whatever you need. The loan isn’t secured by collateral, like a car or a house, so it can offer a great deal of flexibility in how it’s used. In fact, some people appl... Continue Reading »

How to buy your first car: Tips for beginners

Buying your first car is a thrilling experience! On one hand, it’s a milestone that declares maturity and status. On the other, car ownership is a big responsibility, and the process can seem daunting. If you’re in the market, here are some foolproof tips on how to buy your first car. Set a realistic budget You don’t have to spend a fortune to own a good car. Knowing what you can affor... Continue Reading »