If you’ve ever found yourself dreading your January credit card statements, you’re not alone. With thoughtful planning, you can keep your holiday joy intact without taking on holiday debt.
How can we help?
Or try these resources:
GreenPath
6 Strategies to Manage and Reduce Business Debt
When financing business operations or expansion, loans may be necessary, but high-interest rates can eat into profits and harm your credit if not managed carefully. Keeping debt levels under control is essential to avoid over-leveraging your business and maintaining financial stability. To help you navigate this, here are 6 strategies to effectively manage and reduce your debt, ensuring your business stays on solid financial ground.
Safeguard Your Cash: 3 Common Money Scams that Could Cost You
The Federal Trade Commission (FTC) has recently issued a consumer alert about three money scams that are gaining traction. Let’s take a closer look at the tactics scammers are using to try to deceive you and the tips the FTC has provided to protect yourself.
Finish Strong: End of the Year Money Moves for 2024
As the year comes to a close, it is essential to address your financial needs before the holiday rush begins and set yourself up for a successful 2025. Here are four steps to help you establish a solid financial foundation and enjoy a stress-free start to the new year.
Buy Now, Pay Later: The Cost of Convenience
“Buy Now, Pay Later” (BNPL) services have become increasingly popular, offering a tempting alternative to credit cards. A 2022 report from the Consumer Financial Protection Bureau found that from 2019 to 2021, the number of BNPL loans originated in the U.S. by the five lenders it surveyed grew from 16.8 million to 180 million, highlighting how appealing these services are to consumers.
How to Brace for Rising Home Costs: A Guide for Homeowners and Renters
Have you noticed your insurance bills skyrocketing lately? If so, you’re in good company. According to Policygenius, the average home insurance premium increased by 21% between May 2022 and May 2023. Combine this with rising housing costs, property taxes, and high interest rate debt, and it’s no wonder why so many Americans are struggling in today’s market.
Money Management Tips Every Small Business Owner Should Know
Owning a small business comes with satisfying rewards (being your own boss? Check. Deciding what days you wear real pants? Check.).With the benefits comes the responsibility of money management.
5 Signs You’re on the Path to Becoming Financially Aware
Here are five signs that indicate you’re on the path to becoming financially aware.
Hidden Savings: Commonly Overlooked Tax Deductions
Tax filing deadlines are approaching… have you filed yet? To lessen the anxiety of the season, take this opportunity to explore overlooked deductions that can help lower your tax bill.
Get Ahead of Your Debt
For many of us, November and December kick off a season of celebrating, family, feasting, and yes…spending. The holidays are a chance to make memories, but this can also be a time of financial stress—especially if you wait until the last minute to make plans.
Recent News
’Tis the Season for Savings
At SESLOC, we’re introducing new ways to help SESLOC Members Save. Whether you are just starting your financial journey, are an everyday saver, or have more to invest, there is something for everyone at SESLOC. We hope these benefits make your holidays more merry and bright and help you reach your financial goals and dreams in the coming year.
5 Ways to Level Up & Save More
Consider making moves to Level Up, with our new member benefits program.¹ Increasing benefits include select fee waivers, waived check orders, and rate discounts on new eligible consumer loans — all of which can help you save even more money and get ahead financially.
FAQs: Level Up Member Benefits Program
Here are the answers to common questions about Level Up, our new member benefits program.¹ Have more questions? Call us at (805) 543-1816 or visit any SESLOC branch:
SESLOC Takes Home Two Top Honors
SESLOC is pleased to announce that we have received two prestigious awards this year. The recognition we have earned serves as a testament to our commitment to excellence and dedication to providing exceptional financial services to our valued member-owners. We are proud to share this achievement with you, as it highlights our ongoing efforts to deliver top-tier products and services that meet and exceed the financial needs of our community.
Reduction in Overdraft Fees: Helping Members Save Today, and Everyday
SESLOC is pleased to announce that as of November 1, 2024, there has been a reduction in overdraft fees. This change is part of our commitment to providing cost-effective solutions for our membership and community. These savings will be extended to members but will have the greatest impact on those facing financial challenges, who need a break from fees to begin saving and building healthy financial habits.
Shawn
Dan
Mary
Jennie
Mary
Lanie
Greg
Stacey
Aja
