“Should You Add Someone to Your Bank Account? Key Considerations”
Understanding Joint Bank Accounts: A Comprehensive Guide Managing your finances is crucial, and sometimes, you may want to share this responsibility with a spouse, child, or another loved one. Adding someone to your bank account can be a straightforward process, but it’s essential to weigh the pros and cons before making this decision. In this […]
How to Minimize Costs When Using Payroll Cards
Understanding Payroll Cards: Pros, Cons, and Alternatives More employees are being paid via a prepaid debit card called a payroll card, as some seek an alternative payment method to a paper check or direct deposit. Some employers opt to pay employees with a payroll card because it may be easier and less expensive than other […]
How to Use Balance Transfers and Avoid Cash Advances
Understanding Balance Transfers and Cash Advances: A Comprehensive Guide At O1ne Mortgage, we prioritize consumer credit and finance education. In this blog, we will delve into the intricacies of balance transfers and cash advances, helping you make informed decisions about your financial health. If you have any mortgage service needs, feel free to call us […]
“Smart Tips for Handling Post-Holiday Debt”
Effective Strategies to Manage and Eliminate Holiday Debt Consumers tend to spend more during the holiday season than at any other time of the year, often relying on various forms of financing to make it possible. According to an Experian holiday shopping survey, 56% of respondents expected to use a credit card to finance some […]
Should You Withdraw Your Money During a Bank Run?
Understanding Bank Runs: Causes, Examples, and What You Should Do During a pivotal scene in the 1946 Christmas classic “It’s a Wonderful Life,” a cab driver points out to passenger George Bailey—famously portrayed by Jimmy Stewart—that a bank run appears to be taking place in fictional Bedford Falls, New York. Sure enough, panicked depositors have […]
“Understanding CD Rate Trends: Insights for 2023 and 2024”
Understanding the Future of CDs: What to Expect in 2024 Interest rates on certificates of deposit (CDs) have been on the rise for several years, providing good news for investors. However, high yields on CDs are expected to end in 2024, which might prompt you to revisit your investment strategy. Here are some important things […]
“How Debit Cards and Credit Cards Affect Your Financial Health”
Understanding the Impact of Debit Cards on Your Credit Score When it comes to managing your finances, understanding how different types of cards affect your credit score is crucial. At O1ne Mortgage, we believe in empowering our clients with the knowledge they need to make informed financial decisions. In this blog, we’ll explore why debit […]
“Demystifying Home Insurance: 13 Terms You Need to Know”
Understanding Homeowners Insurance: Key Terms You Need to Know At O1ne Mortgage, we understand that navigating the world of homeowners insurance can be daunting. Whether you’re a first-time homebuyer or looking to update your current policy, it’s crucial to familiarize yourself with some essential terms. This knowledge will empower you to make informed decisions and […]
“Navigating Credit Card Travel and Purchase Protections in 2024”
Credit Card Travel and Purchase Protection Trends in 2024 At O1ne Mortgage, we prioritize consumer credit and finance education. As we look ahead to 2024, it’s clear that credit card travel and purchase benefits are becoming increasingly important to cardholders. This is partly due to travel delays and rising costs, which make these perks more […]
“Navigating Return Protection: What You Need to Know”
At O1ne Mortgage, we understand the importance of making informed financial decisions, especially when it comes to significant purchases. One aspect of financial literacy that often goes overlooked is the benefit of return protection offered by some credit cards. This blog aims to shed light on what return protection is, how to use it, and […]
