The Siren Newsletter - April 2022 Edition

PUBLISHED FOR MEMBERS OF MIAMI FIREFIGHTERS FEDERAL CREDIT UNION • APRIL 2022

Tax Day is Around the Corner…

Help is Here with

A big myth about filing your own tax return is that the process is too complex for anyone other than an expert to handle. The reality is that most taxpayers have simple tax situations and the Internal Revenue Service provides updated instructions annually. With some care and utilizing Quicken/Quickbooks, you can file your own taxes with confidence.

Remember, Direct Connect is available to our members which can be extremely helpful and make the reconciling of your accounts much easier.

Getting Ready for Summer Fun

Quick & hassle-free financing is available for boats, motorcycles, travel trailers, RVs and motor homes.

low rates
flexible terms
NO application fee

Whether it’s the freedom or comfort of cruising the open highway or leaving life’s hassles in your wake – MFFCU has the recreational vehicle loan you’ve been looking for!

Get up to speed on a great loan. Summer fun is just around the corner.

CLICK HERE to log on, click on the “New Account” link, then click on “Apply for a Loan” or call us today at 305.324.4004, option 2 for more information.

Thinking about getting a mortgage or refinancing the one you already have?

Here are some tips to consider:

If you’re planning to get a new mortgage, review your credit report and make sure everything is accurate (correct anything that reflects inaccurate information)
To get a better mortgage rate, improve your credit score by paying down debt and restricting the use of credit cards
Lowering your debt-to-income ratio can demonstrate to lenders that you will be able to pay your monthly payments
Carefully review your finances and save for a down payment in advance
Avoid opening new accounts or racking up credit card debt during the mortgage approval and underwriting process
Don’t spend the maximum amount you qualify for; instead, plan on spending what you can afford to pay in monthly payments (such as 30% of your take-home pay)
Understand the hidden costs of homeownership like insurance and property taxes
Don’t assume that you can always refinance at a better rate in the future, as rates may fluctuate higher during the year

Phone Call - Fraud Alert

Members are receiving calls from one of our numbers 305.324.4004 or 800.426.3324. However, the credit union is NOT calling you requesting information about your debit or credit card numbers, expirations date or CVV code.

Please don’t give out any information and do watch your account for any potentially fraudulent activity.

If you receive a call, hang up and call us directly!

If you received a text message from our Fraud Center, they would request you reply to the message and call them immediately to confirm the fraud.

The ONLY valid number for the The Fraud Center is 877.253.8962