How to Protect Yourself Against CashApp Scams FAQs Q: I’ve heard there’s been an increase in scams through mobile payment apps, like CashApp. Can I continue using these apps safely? A: Yes, unfortunately, there has been an uptick in payment app scams, but that doesn’t mean you must stop using them. Here’s some info about these […] Continue…
Balance transfers can be tricky. You never know if a balance transfer will end up costing you more money or improve your financial situation in the long run. At Members Exchange, we’re dedicated to helping you get on top of your financial situation, so we designed our program with the best credit card in mind […] Continue…
Thanksgiving prep stressing you out? Wondering how you’re going to get everything done in time for the big day and stick to your budget at the same time? We’re here to help you hack your Thanksgiving! Whether you’re traveling home for the holiday or hosting a houseful of guests, we’ve got you covered. Members Exchange […] Continue…
Did you know…. Jackson has an estimated 1,352 experiencing homelessness on any given day, as reported by HUD. Of that, 112 were family households, 102 were veterans, 87 were unaccompanied adults (ages 18-24) and 279 were individual experience chronic homelessness. How can you help- Operation Warmth! What is Operation Warmth? Operation Warmth is a partnership […] Continue…
Q: The last few months have been rough on my finances and I’ve used my savings to get by. My emergency fund and savings accounts have dropped to zero. With my financial situation improving, though, I’d like to start building these up again. Where do I begin? A: Using emergency funds to survive prolonged unemployment, an unexpected […] Continue…
New social media platforms seem to crop up all the time. The media move at the speed of information, and it seems like overnight, the most popular apps went from complete unknowns to must-haves. Each new technology offers something fun and unique to users, which is why the popularity of these apps has attracted so […] Continue…
Apply for Loan Forgiveness If you received a PPP Loan through Members Exchange, you can now submit your loan forgiveness application. Please note, this is only for MECU loans, we cannot process loan forgiveness for other institutions. Apply for Loan Forgiveness About PPP Loan Forgiveness The Paycheck Protection Loan Forgiveness Program is part of the […] Continue…
The Internal Revenue Service (IRS) has begun issuing Economic Impact Payments (EIPs) as part of the CARES Act. Visit our FAQ page for more information about EIPs and the CARES Act. EIPs are based on 2018 and 2019 tax filings. Individuals who did not file for electronic returns for 2018 or 2019 filings will not […] Continue…
Who needs a budget anyway? If you’re always wondering how you’re going to pay the next bill, feel guilty when you indulge in overpriced treats and you can’t seem to find money to put into savings, then you probably need a budget. A budget is not a magic potion that will automatically solve all of […] Continue…
Q: Do I need to have a separate rainy day fund and emergency fund? A: In an effort to simplify their money, people sometimes consolidate accounts. This is OK in many instances, but it’s important to remember that rainy day funds and emergency funds serve different purposes. Additionally, it’s important to have not just one, […] Continue…