Education Articles

P2P Payment Systems: What You Need To Know

Peer-to-peer (P2P) payment systems have dramatically changed the way we handle our money. It’s so easy to send money with just a few taps on your phone. But be sure to keep your money safe by following the tips outlined in this article. First popularized by PayPal, the world of P2P payment systems has exploded. A NerdWallet survey found that...

Affordable Sustainability, Part 1: Going Solar

Here are the ins and outs of using solar energy to power your home. Are your winter and summer energy bills going through the roof? Maybe it’s time to upgrade to solar panels. Solar panels have become increasingly popular since a tax credit was instituted in 2019. Originally scheduled to expire in 2024, the tax credit was extended through 2034...

Tips For Successful ACH Transfers

Keep these things in mind to ensure transactions between your financial institutions are seamless. What do shopping online, sending money to friends through an app, and having your tax refund deposited directly into your bank account have in common? They’re all possible thanks to the Automated Clearing House (ACH)—a computer network that moves...

Introducing SELCO Contactless Cards

All newly issued SELCO credit and debit cards are now contactless, giving you the ability to simply tap to pay. If your SELCO Visa ®  card has the Contactless Indicator on it, here’s all you need to know to confidently tap to pay: Look Find the Contactless Symbol at checkout. Tap Simply tap your Visa contactless card on contactless-enabled...

What To Know About ‘Buy Now, Pay Later’

They’re so easy to use, they almost seem too good to be true. Is there a catch? With Buy Now, Pay Later (BNPL) services, you can walk away with that expensive exercise bike, entertainment system, sectional sofa, or anything else that catches your eye, even if you can’t cover the costs in the moment. And in return, retailers can make more sales b...

How To Pick the Right Student Loan

College isn’t getting any cheaper. And worse, with so much competition for scholarships, funding is far from a sure thing (no matter how qualified you are). Even college-bound students who do receive funding typically discover it’s not enough to cover the cost of a degree. But don’t let this sway your decision whether you attend college. Between...

A Parent's Guide to In-Game Purchases

You've probably heard the horror stories. A 7-year-old in the United States spent  $6,000 buying virtual dinosaurs , an 8-year-old in the United Kingdom spent  £1,000 on virtual doughnuts , and a 15-year-old in Belgium spent  €37,000 buying virtual money . Many games, especially mobile games, are referred to as  free-to-play . This can be...

Is a Personal Loan Right for Me?

Personal loan . It’s such a general term that can theoretically be interpreted many different ways. For instance, back in the day, people would simply write “IOU” on a piece of scratch paper, a veritable handshake promise that you’ll eventually pay your buddy the 20 bucks you borrowed. A college student living on ramen noodles may get a small...

Be Aware of Free Trial Offers

Not exactly a news flash, but online shopping has been displacing brick-and-mortar retailers for years. In 2024, retail e-commerce sales were projected to be over $6 trillion globally—a figure that grows every year. Retailers continue to shift resources to e-commerce as people have become even more comfortable shopping from their computers or...