Centris Blog
Knowing the Difference Between a Home Equity Line of Credit and a Home Equity Loan
We’ve all heard the saying, “Home is where the heart is.” But in the case of your home, not only is your heart invested in it but so is a lot of your money. That investment, or in other words, the payments made over a period of time, has likely helped you build...
Tax Filing Tips to Help You Prepare, File and Plan for the Future
Now that the New Year is well underway, it’s time to start thinking about and preparing for tax filing season. As you gather your documents, here are just a few things you can do before, during and after filing that may make the overall process easier. Gather all...
Five Financial Wellness Tips for a New Year, New You!
With a New Year, many people often set goals for themselves that revolve around establishing new daily routines with a focus on health and wellness. A part of those goals that shouldn’t be overlooked is a focus on your financial wellness. Having a plan or taking steps...
Protect Yourself From Credential Stuffing
If you are reusing the same username and password for multiple apps and websites—you may be at risk of a potential cyber threat called credential stuffing. What is credential stuffing? Credential stuffing occurs when hackers use stolen information, such as usernames...
5 Ways to Boost Your Financial Health Amidst COVID-19
Financial decisions can feel complex and hard even under normal circumstances. If the current market volatility has you questioning what are the “right” actions you should take now, you are not alone. Here are five concrete ways for you to jumpstart your financial...
How does the Fed lowering the rate affect your mortgage rate?
By Jamie Wagner, Ph.D. In short—it really doesn’t. Not directly that is. In an emergency meeting on Sunday, March 15, the Federal Reserve (the Fed) decided to cut rates to 0. But what rate exactly did they cut and what does that mean for you and for your mortgage?...
How to Qualify for a Car Loan
Car Buying Options A car is a big purchase, and you have multiple payment options. You can lease it by making monthly payments but never own the car. You can buy it with cash and not have to worry about making monthly car payments. You can also get an auto loan...
The Power of Compound Interest
By Jamie Wagner, Ph.D. Understanding Compound Interest When I talk about investing to young people, I tell them how powerful compound interest is and that it’s even more powerful because of their age. But, I don’t really think they fully understand the concept. In...
Future Vacation Planning
By Jamie Wagner, Ph.D. Summertime Planning For me, July Fourth has always felt like the summer hump. Once you’ve reached this holiday, it’s all downhill from there even though there’s still so much summer left! If you’re like many people I talk to they feel the same...