At Polam FCU, not only do we strive to provide you with the best financial services possible, we also want to share some guidance and expertise. Peruse our blog for the latest industry news and information relevant to you.

Jun 132020

The Most Common COVID-19 Scams and How to Avoid Them

Posted on June 13, 2020 Uncategorized

  Scammers and fraudsters have existed for a long time with the intent to harm unsuspecting people. During unprecedented times when people are vulnerable, such as when a natural disaster hits or a financial recession, there may be a higher chance of experiencing such scams and fraudulent activity. Right now, scammers are taking advantage of the coronavirus outbreak to create scams that are related to the pandemic.   Here are some of the most common scams we’ve seen, and what you should do if you experience one:   An influx of robocalls:  Many people have received phone calls from scammers

▸ continue reading
May 302020

Should You Buy a New or Used Car

Posted on May 30, 2020 Uncategorized

  When you decide to buy a car, one of the important first steps is deciding whether you want to buy a new car or a used car. This will be one of many decisions you’ll make in the car buying process, but it may be considered the most important one. There are a number of variables that factor into this decision, including but not limited to: your income level, the kind of car loan you’re able to obtain, and your plans for your new car (i.e. will it be a family car or a car that you alone drive).

▸ continue reading