Pathways to Financial Wellness

Knowledge is power – especially when it comes to handling your finances. And while many personal finance topics are pretty straightforward, there are a few things that aren’t always as intuitive as they could be. Such is the case with the credit utilization rate, sometimes called the credit utilization ratio.

Your credit score plays a big role in your financial life — from loan approvals to interest rates. The good news? Improving it doesn’t require drastic changes. A few smart habits can make a meaningful difference over time.

Scammers are getting smarter — and phishing remains one of the most common ways they try to steal personal and financial information. At WSSC Federal Credit Union, we want to help you recognize the warning signs before they cause harm.

“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.