4 Things to Consider When Financing a Car

Is it time to think about financing a car? It looks like it might be for many people.   

The website AutoTrader reports that people are embracing online car buying instead of in-person shopping, which makes sense as we continue to focus on social distancing, health and hygiene.  
  
Financing a car is one of those big life events – whether you are “kicking the tires” in the showroom or on a dealer’s website.  

It all starts with making sure we get the best deal possible on the vehicle we want.  Then the next step is figuring out the financing and negotiating your car purchase. 

We all make the best decisions we can with the information we have available to us. It is in that spirit that we share some ideas to consider when financing a car. 

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Getting a Home Mortgage

Buying a home is one of the most exciting and important decisions of your life. Before you go to an open house and get your heart set on your dream house, it’s a good idea to prepare. Knowing what you want and what you can afford, and understanding the mortgage process are all big pieces of the puzzle.

You’ll need to know your credit health and monthly budget. This will determine what you can afford.

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Get Ready for a Credit Card Spring Cleaning

Spring is in the air, and what better way to celebrate than with a credit card spring cleaning!

(Really – we’re serious.)

Just like a thorough spring cleaning improves your home and gets everything in tip-top shape, a credit card spring cleaning will make a difference in your financial situation.

After you clear any cobwebs and before you take on your cluttered basement, consider these five cleaning tips to use on your credit card debt.

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Smarter Banking Getting Smarter - A Message from Our CEO

Dear Valued Members,

2020 has been an extraordinary year for Logix with many opportunities brought on by the challenges of the COVID-19 Pandemic. I’m proud of our employees and leadership team for demonstrating remarkable teamwork during this time and staying true to our mission: helping our members thrive. We deferred loan payments for over 16,000 members to help them make ends meet. We paid some of the highest deposit yields in the nation despite environmental rates hitting all-time lows. We scaled our operations to meet unprecedented mortgage demand, significantly reducing monthly mortgage payments for thousands of our members.

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