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Keep Savings or Pay Off Debt?

Here’s a fine article from an English publication about the trade-off between putting money into savings or using it to pay down debt: http://www.money.co.uk/article/1004005-should-I-pay-off-my-debts-with-savings.htm

 

 

FDIC Newsletter Spring 2012: CDs, Cars, Education

http://www.fdic.gov/consumers/consumer/news/cnspr12/?source=govdelivery

Is the recent FDIC newsletter that has great guidance for buying bank certificates of deposit, paying for education and financing a new car

Pay Day Plus SF

Six San Francisco credit unions have teamed up with the Bank on San Francisco Program to offer lower-cost access to short-term loans.

They are: Mission SF Federal Credit Union, 431-2268

Northeast Community Federal Credit Union 434-0738

Patelco Credit Union, 442-6200

Redwood Credit Union, 800-479-7928

San Francisco Federal Credit Union, 800-852-7598

Spectrum Credit Union, 800-782-8782

See also www.bankonsf.org and http://www.sftreasurer.org/ftp/uploadedfiles/tax/news/121709PaydayPlus.pdf

Bank on San Francisco

Bank on San Francisco is the first comprehensive program in the United States to serve the “unbanked,” those who live without access to mainstream financial institutions and are forced to rely on expensive check-cashing services.

For more information, see http://bankonsf.org/about

www.bankrate.com

Current interest rates on mortgages, lines of credit, credit cards, money market funds, certificates of deposit and much more. Visit us!

Women’s Initiative for Self Employment

Women’s Initiative for Self Self Employment is a Bay Area non-profit which provides high-potential, lower-income women the training, training, and on-going support to start and grow their business. The business management training, technical assistance, and financial services we provide — in English and Spanish — improve the quality of life for the women we serve, their families and our communities.

For more information, see www.womensinitiative.org

Responsible Pay Day Lending Program for San Franciscans

Mayor Gavin Newsom and Treasurer José Cisneros today announced the launch of
Payday Plus SF, an alternative payday loan offered by six San Francisco Credit Unions that will provide
responsible small dollar loans of up to $500, with low interest rates, financial counseling, and an extended

Mayor Gavin Newsom and Treasurer José Cisneros today announced the launch of
Payday Plus SF, an alternative payday loan offered by six San Francisco Credit Unions that will provide
responsible small dollar loans of up to $500, with low interest rates, financial counseling, and an extended

repayment term. For more information, see http://www.sftreasurer.org/ftp/uploadedfiles/tax/news/121709PaydayPlus.pdf

 

Guide to Starting a Small Business

A guide to issues around starting a small business, including applying for a loan, business plans, marketing, franchises, working from the home and many other topics:

http://www.mymoney.gov/smbus.shtml

U.S. Small Business Admin — ARC Loan Program

If your small business is stressed meeting expenses during these economic times, the U.S. Small Business Administration has a new loan program designed just for you.

SBA’s America’s Recovery Capital Loan Program can provide up to $35,000 in short-term relief for viable small businesses facing immediate financial hardship to help ride out the current uncertain economic times and return to profitability. 

For more information, call 866-947-8081 toll-free or see our website

Small Business Dev’t Center at Santa Rosa Junior College

Do not be misled by our name. We are invested in Marin County and want to be of service to you. Small business is the heart of our local and national economic growth.

Our mission is helping people in Marin and Sonoma counties who want to start a business or have a small business that they would like to grow. You can find our local offices at the Chambers of Commerce in Novato, San Anselmo and San Rafael, the Marin Employment Connection and the Marin City CDC.

The center assists small business by providing:

1. One-on-one, no-cost, professional business counseling in many areas such as business planning, loans and capital acquisition, marketing, taxes and bookkeeping, and other areas of small business operations.
2. Low-cost workshops and seminars customized to local business issues and industry clusters.
3. A resource library providing information on small business issues; referrals; and Internet access with links to small business resources.

For more information, see our website.